TradeState gives RIAs and family offices a fully hosted OMS with direct custodian connectivity — so you can execute and allocate trades across your entire book without manual entry or spreadsheet risk.
The trading workflow challenges RIAs and family offices run into as they grow
Logging into individual custodian portals to place trades across dozens of client accounts is time-consuming and introduces fat-finger risk. One mistake can affect multiple client positions.
Without a central trade blotter, it's difficult to see what's been placed, filled, or is pending across custodians. Reconciliation becomes a daily manual chore that scales poorly with AUM growth.
Regulators, clients, and institutional prospects increasingly expect a documented, auditable trade record. Spreadsheets and portal exports don't meet that bar — and won't hold up under scrutiny.
We handle the setup. You focus on your clients.
Tell us about your custodians, account structure, and how your team currently places trades.
Our team configures and certifies FIX sessions with Schwab, Fidelity, Pershing, or any custodian you use. No IT work on your end.
Enter a block order, allocate to client accounts, and route to your custodian via FIX — all from a single browser-based blotter.
From block order entry to back-office export — everything in one place
Enter a single block order and allocate it across multiple client accounts simultaneously. View all orders, fills, and pending trades in a real-time central blotter.
Connect directly to Schwab, Fidelity, Pershing, and other custodians via FIX. We manage session setup, certification, and ongoing connectivity — no middleware or manual steps.
Pre-allocate trades to client accounts before execution or post-allocate fills after. Supports model-based and percentage-based allocation methods.
For RIAs with Bloomberg subscriptions, TradeState connects to Bloomberg EMS via FIX to route orders and capture executions directly from your blotter.
Every order, amendment, cancellation, and fill is logged with timestamp and user. Supports compliance review, client reporting, and regulatory examination requests.
Equities, fixed income, ETFs, options, FX, and more — TradeState handles all asset classes your clients hold in a single unified platform.
Export trade data to your portfolio management system, custodian reconciliation files, or accounting platform via flat file, API, or FIX. Custom formats supported.
All custodian connections run over TLS-encrypted FIX sessions, meeting the security standards required by Schwab, Fidelity, Pershing, and other institutional custodians.
The right level of infrastructure for how independent advisors actually operate
We configure your custodian FIX connections, set up your account structure, and have you placing trades through TradeState in a matter of days — not a quarter-long implementation.
TradeState is entirely browser-based. Your team logs in from anywhere — no desktop software, no VPN, no server to manage. Works on day one.
Every trade is timestamped, logged, and searchable. When your compliance officer or an examiner asks for trade records, the answer is a few clicks — not a spreadsheet dig.
TradeState is priced for independent advisors and family offices, not billion-dollar asset managers. You get institutional-grade infrastructure without the enterprise cost structure.
Custodian FIX onboarding can take weeks when done independently. We've done it dozens of times — we own the certification process and keep sessions running reliably.
Our team understands buy-side trading operations. You're not navigating a generic help desk — you're working with people who know what a block order and custodian allocation actually means.
See how TradeState fits your advisory practice in a 30-minute demo.
Request a DemoNo commitment required — we'll walk through your custodians, account structure, and current workflow.