News
Schwab’s RIA business keeps growing even as it reins in long-short strategies
Advisor Services drew $120 billion in new assets as Schwab plugged into Claude and applied safeguards blocking unauthorized AI agents.
Summary as published by InvestmentNews
More on Schwab
Schwab hub →RIABiz · Oct 22, 12:16 AM ET
An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicFinancial Planning · Oct 21, 4:48 PM ET
What Schwab's new ETF platform fees mean for clients, advisorsRIABiz · Oct 21, 4:09 PM ET
Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysCitywire RIA · Oct 21, 4:46 AM ET
66% of RIAs used Schwab as a custodian in 2024: Data
Financial ADVSR links to reporting from across the industry. This story was reported by InvestmentNews. Financial ADVSR is not affiliated with InvestmentNews. Updated every 10 minutes.