Schwab Advisor Network to Raise Client Referral Asset Minimum to $5M
By Dinah Wisenberg Brin"That's not a program tweak," consultant Tim Welsh says. "It's a custodian quietly walking away from the RIA channel."
August 04, 2026
Orion Adds Fractional Trading for Advisors Who Custody at SchwabImplementing client models to the dollar can help advisors manage portfolios more precisely, the wealthtech firm says.
July 22, 2026
Schwab CEO Seeks Broad Conversion of DIYers to Advisory ClientsJust 5% of the firm's retail clients pay for advice, while 31% say they'd be willing to, he says.
July 20, 2026
RIAs Don't Need More AI Experiments. They Need an Implementation Plan.Firms need to movie beyond generic tools and one-off prompts by building secure, auditable, human-led workflows.
July 17, 2026
How Top RIAs Are Growing: SchwabThe strongest firms appear to pursue organic growth more intentionally, a benchmarking study finds.
June 22, 2026
Schwab Warns of Margin Calls as Concerns Over Tax Bets MountThe brokerage will issue a margin call and contact the advisor if any of their accounts exceed the new thresholds.
June 18, 2026
SpaceX IPO Among 5 Busiest Trading Days in Schwab HistoryThe offering drew demand from retail investors across demographics, and the firm got some 140,000 client calls about it, said CEO Rick Wurster.
June 09, 2026
Inmate Who Siphoned $11M From Schwab Account Has Escaped: FBIArthur Lee Cofield had been convicted of stealing a wealthy Schwab client's identity while in prison.