American Trust Investment Services

What American Trust Investment Services does

American Trust Investment Services, Inc. (ATIS) is a privately held boutique broker-dealer and investment bank founded in 1958 in Whiting, Indiana, originally established to serve employees of Standard Oil of Indiana. The firm has evolved into a multi-state financial services platform registered with FINRA and the SEC across all 50 U.S. states, the District of Columbia, and Puerto Rico, operating from a primary operational headquarters in Chicago with additional offices in New York, California, Florida, and Indiana.

ATIS delivers wealth management, investment advisory, investment banking, retirement plan consulting, insurance, and alternative investment services through a unified platform. Core products include equity and fixed income brokerage, equity derivatives, preferred and convertible securities, M&A and equity capital markets advisory, 1031 exchange access, interval funds, private placements, hedge funds, non-traded REITs and BDCs, and a full suite of insurance and annuity products. The firm invests in proprietary operational technology — notably a paperless straight-through processing workflow — and integrates with RBC Clearing & Custody (primary clearing partner) alongside NFS, Charles Schwab, Goldman Sachs Custody Solutions, and Equity Trust for advisory custody.

Revenue is generated through transaction-based brokerage commissions, underwriting and placement fees on capital markets mandates, recurring advisory fees on assets under management (via affiliated RIAs Chicago Capital Management Advisors and ATISA), insurance distribution commissions, and alternative investment distribution fees. ATIS serves three primary customer segments: high net worth individuals and families (HNW), corporate clients seeking capital markets access (with a recent Asia-Pacific tilt), and independent financial professionals who affiliate with ATIS to access multi-clearing, multi-custodian infrastructure. The go-to-market is sales-led and relationship-driven, combining high-touch advisor service with a small-cap underwriting franchise that produced seven disclosed IPO/follow-on transactions during 2025.

Name

American Trust Investment Services

Legal name

American Trust Investment Services, Inc.

Website

https://amtruinvest.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

1–10 employees

Short description

American Trust Investment Services is a privately held boutique broker-dealer founded in 1958, offering wealth management, investment banking, alternative investments, and insurance through affiliated RIAs and a nationwide network of 50+ financial advisors.

Ownership category

akta.pro rank

Product category

Broker-Dealer and Investment Banking Services

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Independent Broker-Dealers (Retail Network) (FSAAAAAC)

akta.pro secondary industries

Investment Management Advisory (RIA) (FSAEAAAB), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Broker-dealer services
• Wealth management plans
• Investment banking advisory
• Alternative investments distribution
• Retirement plan consulting

Headquarters

HQ city

Whiting

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others, Infrastructure

Revenue model

1. Broker-Dealer Services: Traditional brokerage services including execution and trading through multiple market intermediaries. Revenue generated from transaction-based commissions on equity, fixed income, and derivative products.
2. Investment Banking: Underwriting and advisory services including IPOs, follow-on offerings, M&A advisory, and equity capital markets transactions. Revenue from underwriting fees, placement agent fees, and advisory commissions.
3. Investment Advisory Services: Fee-based advisory services offered through affiliated registered investment advisors including Chicago Capital Management Advisors and American Trust Investment Services Advisors. Revenue from advisory fees based on assets under management.
4. Insurance Products: Insurance consulting and distribution services including life insurance, annuities, and long-term care insurance through agreements with highly rated insurance companies. Revenue from insurance commissions.
5. Alternative Investments: Distribution of alternative investment products including 1031 exchanges, private placements, hedge funds, and non-traded REITs. Revenue from transaction fees and distribution commissions.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

American Trust Investment Services is a privately owned boutique broker-dealer and investment bank that delivers wealth management plans, investment banking services, alternative investment products, investment advisory solutions, retirement plan consulting, and insurance consulting. The firm operates through affiliated registered representatives and independent financial professionals, clearing through RBC and providing custody options through NFS, Charles Schwab, Goldman Sachs Custody Solutions, and Equity Trust. ATIS also offers investment banking underwriting and advisory services to corporate clients domestically and in the Asia-Pacific region.

Product overview

American Trust Investment Services operates as a full-service boutique broker-dealer offering a unified platform of financial solutions. The core offering includes Wealth Management Plans, Investment Banking Services, Alternative Investment Products, Investment Advisory Solutions, Retirement Plan Consulting, and Insurance Consulting. Additional specialized services encompass Equity Derivatives, Preferred Equities and Convertibles, Fixed Income products, and Retirement Planning Services. The platform is supported by multiple custodians (RBC, NFS, Charles Schwab, Goldman Sachs, Equity Trust) and provides access to both traditional and alternative investment products through affiliated RIAs (Chicago Capital Management Advisors and ATISA).

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Plans Comprehensive wealth management solutions offering traditional investment options across equity and fixed income markets, delivered through strategic partners including Charles Schwab and RBC. Targeted at high net worth individuals and families seeking long-term financial planning and portfolio management.
• Investment Banking Services Full range of underwriting and advisory services including initial public offerings, follow-on offerings, M&A advisory, and equity and equity-linked financing for corporate clients in the United States and Asia-Pacific. Includes sole or lead underwriter roles on IPOs and Nasdaq uplistings.
• Alternative Investment Products Distribution of alternative investment vehicles including 1031 exchanges, interval exchange funds, real estate private placements, private equity offerings, hedge fund offerings, managed futures funds, non-traded BDCs, non-traded closed end funds, and non-traded REITs. Offered to high net worth clients through the firm's approved product list.
• Investment Advisory Solutions Fee-based investment advisory services delivered through affiliated registered investment advisors, including Chicago Capital Management Advisors (CCMA) and American Trust Investment Services Advisors (ATISA), offering Adviser Assisted Portfolios. Custody arrangements span NFS, RBC, Charles Schwab, Goldman Sachs Custody Solutions, and Equity Trust.
• Retirement Plan Consulting Services Investment advisory and consulting services to defined contribution and defined benefit plan sponsors, addressing plan fiduciary compliance, investment selection, and participant outcomes.
• Insurance Consulting Services Insurance-based solutions including life insurance (whole, term, variable, universal), fixed annuities, indexed annuities, variable annuities, long-term care insurance, and estate insurance. Delivered through agreements with nearly all highly rated insurance carriers.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature1 record

Partnerships

Eight partnerships are on record, tiered minor and core.

• Prime Number Capital, LLCminorChannel Partner/ Reseller/ Distributor · 10 April 2025Acted as co-manager alongside ATIS for Tianci International's $7 million uplisting to Nasdaq Capital Market in April 2025.
• RBC Clearing & Custody (RBC Capital Markets)coreTechnology or IntegrationATIS conducts business on a fully disclosed basis with RBC Clearing & Custody, a division of RBC Capital Markets, LLC. RBC CC is a full-service clearing and execution firm providing products and services to broker-dealers. As a subsidiary of the Royal Bank of Canada, RBC CC provides access to global financial products and services including ESG compliance and direct international market access.
• National Financial Services, LLC (NFS)coreTechnology or IntegrationATIS affiliated registered Investment Advisors custody assets through National Financial Services, LLC, one of the largest independent custody and clearing firms.
• Charles SchwabcoreTechnology or IntegrationATIS maintains custody relationships with Charles Schwab for affiliated registered Investment Advisors, providing access to Schwab's institutional platform and services.
• Goldman Sachs Custody SolutionscoreTechnology or IntegrationATIS affiliated Investment Advisory maintains custodial services through Goldman Sachs Custody Solutions for alternative investments and specialized account types.
• Equity TrustcoreTechnology or IntegrationATIS affiliated Investment Advisory provides custodial services through Equity Trust, specializing in self-directed IRA accounts and alternative investments including real estate, private placements, precious metals, and art.
• Chicago Capital Management Advisors (CCMA)coreStrategic or Co-development PartnerAffiliated Registered Investment Advisor providing investment advisory services to ATIS clients. CCMA offers Part 2 of Form ADV filings available through SEC adviserinfo database.
• American Trust Investment Services Advisors (ATISA)coreStrategic or Co-development PartnerAffiliated Registered Investment Advisor offering Adviser Assisted Portfolios to ATIS clients. Part 2 of Form ADV filings available through SEC adviserinfo.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ladenburg Thalmann: Multi-brand independent broker-dealer and investment bank serving HNW clients through independent advisors and RIAs. Comparable in its advisor-focused distribution and integrated wealth management + IB offering.
• Aegis Capital: Boutique broker-dealer focused on small-cap equity research, capital markets, and wealth management. Closely comparable in its small-cap IPO/uplisting focus and boutique size.
• EF Hutton: Boutique broker-dealer and investment bank with a national footprint serving HNW individuals and corporate clients through independent advisors. Directly comparable as a multi-product, multi-clearing boutique platform.
• Hilltop Securities: Full-service broker-dealer and investment bank serving public finance, middle-market corporate clients, and HNW individuals. Comparable as a diversified boutique with public/capital markets expertise.
• Boenning & Scattergood: Privately held, full-service broker-dealer and investment bank serving individuals, businesses, and institutions in the Mid-Atlantic. Comparable as a long-standing privately owned boutique broker-dealer.
• D. Boral Capital: Boutique investment bank and broker-dealer specializing in small-cap IPOs, advisory, and capital markets. Directly comparable in its focus on small-cap and emerging growth issuers seeking U.S. listings.
• Westpark Capital: Boutique broker-dealer and investment bank with a focus on small and micro-cap IPOs and advisory. Comparable in its boutique scale and emerging-growth IB franchise.
• B. Riley Financial: Full-service broker-dealer and investment bank with wealth management, capital markets, and asset management divisions. Comparable as a multi-product boutique with an active small/mid-cap IB practice.
• Maxim Group: Boutique broker-dealer and investment bank with a strong small-cap and micro-cap IPO/uplisting franchise. Directly comparable in its focus on emerging growth issuers and IB-led business model serving retail and institutional clients.
• Oppenheimer & Co. Privately held, full-service boutique broker-dealer offering wealth management, investment banking, and institutional equities. Closely comparable to ATIS in its integrated brokerage + IB + alternatives platform serving HNW and corporate clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about American Trust Investment Services