Trust Company of America

What Trust Company of America does

Trust Company of America, founded in 1972 and headquartered in Centennial, Colorado, operates as Axos Advisor Services, a trademarked RIA custody division of Axos Clearing LLC, a FINRA member and SIPC-protected entity. The company provides custodial and back-office services to independent registered investment advisors, including account maintenance, transaction processing, cash management solutions, retirement plan administration, and investment solutions. Its core technology is the Axos Advisor Services platform, supported by the Liberty Login advisor portal and a network of third-party technology provider integrations, designed to streamline advisor workflows and reduce operational overhead.

The business model is transaction-fee-based custodial services, with revenue generated through account maintenance and transaction processing fees across a distributed base of RIA clients. Go-to-market relies on a direct, high-touch sales motion featuring dedicated account representatives, phone-based outreach, and consultative engagement rather than self-service acquisition. The company bundles its offering with a service-tier sub-brand, Axos Advantage, which packages personalized support, sales team access, and educational resources. Leadership includes a CTO, Chief Compliance Officer, and VP of Product Integration, signaling investment in technology modernization and product expansion within the Axos Financial ecosystem.

Name

Trust Company of America

Legal name

Axos Clearing LLC

Website

https://trustamerica.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

51–100 employees

Short description

Trust Company of America operates as Axos Advisor Services, a FINRA- and SIPC-member RIA custodian providing back-office custody, cash management, retirement, and investment solutions to independent registered investment advisors under the Axos Clearing LLC umbrella.

Ownership category

akta.pro rank

Product category

RIA Custody Services

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (52592), Pension Funds (525110)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate & Institutional Trust Services (FSAAANAB)

akta.pro secondary industries

Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE)

Keywords

• RIA custodian services
• Custodial back-office
• Cash management solutions
• Retirement plan services
• Insured deposit programs

Headquarters

HQ city

Centennial

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custodial Services: Axos Clearing LLC provides back-office custodial services for registered investment advisers. Revenue is generated through fees associated with custodial operations, account maintenance, and transaction processing for RIA clients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Trust Company of America operates as Axos Advisor Services, an independent RIA custodian providing fully integrated real-time technology, consultative services, and back-office support to independent registered investment advisors. The offering includes custodial account servicing, cash management, retirement plan administration, investment solutions, insured deposit programs, and an advisor technology platform (Liberty Login) backed by a dedicated support team.

Product overview

Axos Advisor Services operates as a unified RIA custodian platform providing custodial and financial services for independent registered investment advisers. The core platform is complemented by a suite of integrated modules including Cash Management Solutions, Retirement Plans, Investment Solutions, Technology Providers integration, and the Liberty Login advisor portal. The Axos Advantage sub-brand packages together personalized support, insights, and sales team resources. The platform emphasizes individualized attention, intuitive technology, and knowledgeable consulting support to help advisors optimize their practices.

Differentiator

Problem solved

Functional benefit

Products and services

• Axos Advisor Services Platform (RIA Custody)
• Cash Management Solutions
• Retirement Plans
• Investment Solutions
• Insured Deposit Programs
• Axos Advantage

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Charles Schwab Advisor Services: The largest RIA custodian in the U.S., serving independent registered investment advisors with custody, technology, and back-office services. Directly comparable as a custodian targeting the same independent RIA segment with a similar product stack.
• Fidelity Institutional: Provides custody, clearing, and technology services to RIAs and institutional investors. Competes head-to-head with Axos Advisor Services for independent advisor relationships with comparable cash management and retirement offerings.
• Pershing (BNY Mellon): A major custodian and clearing provider serving RIAs, broker-dealers, and family offices. Closely aligned on the RIA custody value proposition and integrated technology-platform model.
• Raymond James Advisor Services: Custody and practice-management solutions for independent RIAs and breakaway brokers. Similar mid-market positioning and focus on transitioning advisors seeking a non-wirehouse partner.
• SEI Investments: Provides custody, investment processing, and wealth-management technology to RIAs and institutional investors. Directly comparable on integrated platform and dedicated advisor support model.
• AssetMark: Turnkey asset-management and custody platform serving independent RIAs. Comparable in target customer (independent advisors) and bundled practice solutions including cash, retirement, and investment offerings.

Emerging players

• Orion Advisor Solutions: Provides portfolio accounting, reporting, and custodial-integrated technology to RIAs. Partial overlap as a tech-and-custody ecosystem player targeting the same independent advisor buyer.

Broad incumbents

• Envestnet: Large wealth-management technology and custody platform serving RIAs and enterprises. Comparable as a back-office and investment-platform provider to independent advisors, though broader in scope.
• LPL Financial: Largest independent broker-dealer and RIA custodian, offering custody, technology, and consulting to independent advisors. Overlaps with Axos Advisor Services on the RIA custody value proposition at greater scale.
• Truist Wealth Custody: Custody and wealth services arm of a large U.S. bank holding company serving RIAs and high-net-worth clients. Adjacent comparator for custody services in the U.S. RIA market with broader product portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/trust-company-of-america
• Xx.com/trustcoamerica

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Trust Company of America