State Street Launches New RIA Custody Business

{
  "signal_id": "33cba538-fa72-01ea-5f74-421beb66afe3",
  "signal_type": "news",
  "signal_subtype": "hires",
  "detected_at": "2026-09-17T19:51:54+00:00",
  "company": {
    "name": "State Street",
    "domain": "statestreet.com"
  },
  "data": {
    "url": "https://www.wealthmanagement.com/ria-news/state-street-launches-new-ria-custody-business",
    "title": "State Street Launches New RIA Custody Business - Wealth Management",
    "contact": "Jennifer Stokes",
    "excerpt": "About five years ago, State Street made a deal to exit the registered investment advisor custody space, selling a majority stake in its Wealth Manager Services business to FNZ, a U.K.-headquartered technology platform provider. (State Street still owns a minority stake in that business.) But over the last couple of years, the asset management firm has signaled that it is building a new RIA custody offering, and it is finally marketing it to wealth managers. The asset manager went live with its State Street Wealth Services this week, with the intent to bring on its first anchor client, a top U.S.-based RIA, in the next couple of months. There are about 40 additional RIA firms in the pipeline. John Plansky, executive vice president and head of State Street Wealth Services, recently spoke with Wealth Management about the launch and what he and the team have been building over the last couple of years. Related: Steward Partners Adds $950M Georgia-Based RIA Run By Former Pilot For one, last year, the asset manager made a minority investment in Apex Fintech Solutions. Apex’s digital clearing and custody platform sits at the core of State Street’s efforts. State Street, which serves as the introducing broker, has built its own layer of data, services and AI capabilities around that. Plansky has also been busy building out the team, hiring Jennifer Stokes, the former head of clearing...",
    "summary": "State Street hired Jennifer Stokes, former head of clearing operations at Altruist, as its new head of wealth custody and clearing.",
    "planning": false,
    "image_url": "https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/blt732ef9992a0bc776/6aac42f7e3c5fa032fd0b0fd/John_Plansky-state-street.jpg?disable=upscale&width=1200&height=630&fit=crop&overlay=%2Fv3%2Fassets%2Fbltabaa95ef14172c61%2Fblt38d05c932b77fe9f%2F6a3931f66deb92be88b595a5%2FWM-OpenGraph_indigo.png&overlay-width=432&overlay-height=166&overlay-align=right,bottom",
    "job_title": "head of wealth custody and clearing",
    "confidence": 0.9,
    "published_at": "2026-09-17T19:51:54Z",
    "job_title_tags": [
      "directors",
      "management",
      "finance",
      "operations"
    ],
    "article_sentence": "Plansky has also been busy building out the team, hiring Jennifer Stokes, the former head of clearing operations at Altruist, as head of wealth custody and clearing.",
    "related_company_name": "Altruist",
    "related_company_domain": "altruist.com"
  }
}

curl https://signals.autobound.ai/v1/signals/33cba538-fa72-01ea-5f74-421beb66afe3 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"statestreet.com","limit":20}'