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

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.

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...

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...

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...

Advisers give more service without getting more fees: Schwab survey

June 13, 2017 - Financial advisers are doing more for clients without increasing the fees they charge, hoping to keep clients content and not tempted to seek out cheaper advice from competitors, including robo-advice firms. About 44% of advisers said they are providing...

Dynasty Financial Partners adds $750 million RIA

April 17, 2017 - Next Capital Management, a 13-person registered investment advisory firm in New York managing $750 million in assets, has joined Dynasty Financial Partners. The firm, which was founded in 1999, is led by Andrew Hart, who formerly oversaw a team at the...

RIAs zero in on golden goose of client prospecting: entrepreneurs

April 13, 2017 - When it comes to client prospecting, entrepreneurs are emerging as among the most sought-after niches, which might have something to do with the fact most financial advisers are themselves entrepreneurs. "Entrepreneurs may or may not be wealthier than...

    Notes
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