Adelphi Stock Brokers Inc. is a self-clearing broker-dealer that enables fractional share trading of stocks and ETFs through its mobile app, allowing users to buy and sell portions of whole shares. This platform addresses the challenge of high entry costs in investing by providing access to equity markets with lower capital requirements.
Funding
Funding not disclosed
Founders
Product
Problem
Many retail investors are excluded from investing in high-value stocks and ETFs due to the high cost of purchasing whole shares. This lack of access limits portfolio diversification and wealth-building opportunities for individuals with limited capital.
Solution
Adelphi Stock Brokers provides a mobile app that enables fractional share trading, allowing users to buy and sell portions of stocks and ETFs. As a self-clearing broker-dealer, Adelphi offers custody services and a paired debit card, facilitating seamless transactions and management of investments. By lowering the barrier to entry, the platform allows a broader range of investors to participate in the equity markets and build diversified portfolios, regardless of their initial investment size.
Target Audience
The primary target audience includes retail investors, particularly those with limited capital, who seek access to fractional share trading of stocks and ETFs.
Features
- Mobile app for buying and selling fractional shares of stocks and ETFs
- Self-clearing broker-dealer with custody services
- Paired debit card for easy access to investment funds
- Access to private equity investments
- SIPC protection up to $500,000, including $250,000 in cash
- Operational Security Reviews as a Service: structured Operational Security Review to assess vulnerabilities, review vendor integrations, and ensure SEC-aligned controls are in place.