[LIVE UPDATES] Scheduled brokerage provider transition & upgrade!
Last Updated Tuesday, 6/23/26
Our scheduled brokerage provider upgrade has completed. Your Grifin app is now available for use again! ✅ Rest assured, your account, funds, and information were safely migrated during the brokerage transition.
What's new: We upgraded you to our new brokerage provider - APEX Clearing Corporation - to provide you with a significantly enhanced investing experience, at no extra cost to you! 🎉 Here's what you're getting:New benefits, no extra cost 💝
- 🏎️ Same-day deposits & trades: You can now deposit and buy/sell stock in just seconds, subject to market hours!
- 🏦 Multiple deposits per day: You may now make more than one deposit per day, for even more flexibility!
- 📝 Improved statement readability: Transfers will now appear as "Grifin" on your bank statement, not "Alpaca Securities."
[Coming Soon] More benefits! 🎁
- 🔜 Cash sweep program: Un-invested cash will be eligible for a sweep program currently offering a 3.25% annual percentage yield!*
- 🔜 New investing options: We'll soon be able to offer you even more investing opportunities!
You can read more details about APEX Clearing Corporation here!
We are so appreciative of your patience and understanding during our scheduled system downtime last week, which has allowed this upgrade to happen smoothly and safely! 🙏
*The rate is variable, subject to change without notice, and is offered through program banks. FDIC coverage applies through participating banks subject to program terms. Full program disclosures will be provided before the program becomes available to you.