RIA Talent Advantage® Student Scholarship
Committed to the future of our industry
Schwab Advisor Services in partnership with Charles Schwab Foundation have created the RIA Talent Advantage Student Scholarship to help remove financial barriers, advocate for diversity, and open doors for future talent within the independent Registered Investment Advisor (RIA) industry.
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Scholarship details
Twelve $10,000 scholarships will be awarded each year. Winners will also participate in our mentorship program with the RIATA Scholarship DEI Advocacy Board.
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Important dates
March 2025
Student scholarship application opensMay 2025
Student scholarship application deadlineAugust 2025
Winners notified -
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Who should apply?
We encourage applications from students demonstrating a strong academic record, a passion for the RIA industry, and a commitment to making a positive impact in the profession. Ideal candidates should be in good standing with an accredited four-year institution and in their freshman, sophomore, or junior year of study.
Through our scholarship program, we are seeking to cultivate a pipeline of talented individuals from various backgrounds, cultures, and educational experiences. We recognize that financial constraints can hinder the pursuit of higher education, and we aim to alleviate these burdens by providing financial assistance to deserving students.
About Charles Schwab Foundation
Charles Schwab Foundation is an independent nonprofit public benefit corporation, funded by The Charles Schwab Corporation and classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that everyone has the opportunity to achieve financial well-being.
About the 2023 RIA Benchmarking Study from Charles Schwab
Schwab designed the RIA Benchmarking Study to capture insights in the RIA industry based on survey responses from individual firms. The 2023 study provides information on topics such as asset and revenue growth, sources of new clients, products and pricing, staffing, compensation, marketing, technology, and financial performance. Since the inception of the study in 2006, more than 4,500 firms have participated, with many repeat participants. Fielded from January to March 2023, the study contains self-reported data from 1,310 firms that custody their assets with Schwab and represents over $1.7 trillion in assets under management, making this the leading study in the RIA industry. Schwab did not independently verify or validate the self-reported information. Participant firms represent various sizes and business models. They are categorized into twelve peer groups by AUM size. The study is part of Schwab Business Consulting and Education, a practice management offering for RIAs. Grounded in the best practices of leading independent advisory firms, Business Consulting and Education provides insight, guidance, tools, and resources to help RIAs strategically manage and grow their firms.
The Charles Schwab Foundation is a nonprofit, private foundation, classified by the IRS as a charity under section 501(c),(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company The Charles Schwab Corporation.
Past performance is not an indicator of future results.
1 Results for all firms with $250 million or more in AUM. 2023 RIA Benchmarking Study, fielded January to March 2023. Study contains self-reported data from 1,300 firms. Schwab does not independently verify or validate the self-reported information. Participant firms represent various sizes and business models. Past performance is not an indicator of future results.
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