Schwab Advisor Services

Schwab Advisor Services

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Business head: Bernie Clark

No. clients: 7100

AUC: $1,136,500

advisorservices.schwab.com

In the News

Charles Schwab runs TV ads to promote independent, fiduciary advice model

October 16, 2017 - Schwab Advisor Services on Monday launched national television advertisements meant to promote the benefits of an independent financial adviser to would-be high-net-worth investor clients. The ads, part of a broader "Independent Difference" marketing...

Dan Arnold's big gamble at LPL Financial

October 7, 2017 - DAN ARNOLD, THE NEW CEO of LPL Financial Holdings Inc., is making bold moves to increase profitability at the nation's largest independent broker-dealer, and while he's pleasing Wall Street, some LPL affiliates and advisers are questioning how they fit...

With TD Ameritrade about to acquire Scottrade, Tom Bradley is out

September 8, 2017 - With TD Ameritrade Holding Corp.'s acquisition of Scottrade Financial Services Inc. almost done, there was no room left in senior management for Tom Bradley, TD's current head of retail but an executive widely recognized as one of the main leaders and...

Cybersecurity threats advisers are seeing right now

August 14, 2017 - The key threats advisers are seeing right now seem to change daily. Michelle Thetford of Schwab Advisor Services explains how to protect yourself and your clients.

Custodians are charting fintech's future

August 7, 2017 - The nation's largest custodians are racing to align with — and in some cases, buy — the strongest fintech available, as each of the major players seeks to win over advisers by providing the ultimate technology platform. "One of the biggest challenges...

Top clearing and custody firms for financial advisers

August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...

Scottrade advisers test custodial waters

August 7, 2017 - As TD Ameritrade Holding Corp. closes in on its September acquisition of Scottrade Financial Services, some competitor custodians have been quietly watching, waiting and rolling out the red carpet to Scottrade advisers who might choose to leave in the...

Why RIAs are the future of financial advising

July 31, 2017 - For years the Registered Investment Advisor (RIA) model has been growing in prominence. And now forces are converging to fundamentally transform financial advising in the model's favor. Investors are demanding more from the companies they work with. Traditional...

Schwab's Jon Beatty: How independent firms are winning high-net-worth clients

July 14, 2017 - Independent advisers have a distinct advantage when it comes to acquiring new clients, according to Schwab's latest RIA Benchmarking Study. Jon Beatty, senior vice president at Schwab Advisor Services, discusses the findings.

Merrill Lynch loses $1 billion Beverly Hills team

July 11, 2017 - Matthew Celenza and his team, who managed $1 billion at the Beverly Hills, California, office of Merrill Lynch, have formed Boulevard Family Wealth. The firm, which describes itself as a multifamily office, will custody assets through Schwab Advisor Services...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

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