Moves
Schwab's long-short plans raise questions about competition

Schwab plans to introduce its own version of a popular long-short strategy used to hold down investors' tax bills. Some wonder if the move is yet another bid to hold more assets for itself.
Summary as published by Financial Planning
More on Schwab
Schwab hub →Financial 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: DataFinancial Advisor IQ · Oct 19, 1:00 PM ET
Schwab CEO Not Fearful of an AI-Driven Asset Drain
Financial ADVSR links to reporting from across the industry. This story was reported by Financial Planning. Financial ADVSR is not affiliated with Financial Planning. Updated every 10 minutes.