Convert Your Accounts

Submitted by kristin.mccasland on October 1, 2019

[Fast Forward]
[Charles Schwab]
[Convert your accounts]
[Baker & Associates
Irvine, California]

[Charles Schwab
Chris Baker, President of Baker & Associates]

CHRIS BAKER:  Once we were ready to start moving client accounts over to Schwab, Aaron came onsite and was here several days, and he made it so easy and so smooth for our clients to actually move their accounts.

[Charles Schwab
Aaron Burch
Consultant, Charles Schwab Advisor Services]

AARON BURCH:  This is something we do on a daily basis with other advisors, and we've helped over 1,500 advisors transition to Schwab. That gives them a little bit of peace of mind in knowing that we're there to support them.

CHRIS:  My biggest concern in going independent was being able to convert our portfolio management system into a new system that had an interface with Schwab. And they were able to bring over all of our 20 years-plus of historical data and transactions, so that I'm able to continue to show inception-to-date returns on portfolios.

AARON:  We scheduled weekly conference calls where we asked a series of questions about her client base and what those clients' needs were to make sure that everything was set up properly on our platform, so we didn't have any interruption once the process started. Chris and her team were able to convert their clients' assets a lot faster than I think they originally thought.

CHRIS:  I had done some research and expected about 70- to 75% of our clients would transition with us and move their assets over, and I was pleasantly surprised that we had closer to 95%. It was seamless, and we had no complaints at all from any clients in this transition.
[Charles Schwab]
[Own your tomorrow™]

[Make the move to independence]

[Charles Schwab
Important Disclosures

Meant for institutional audiences.

The information included in this video is intended to be general and is subject to change.

Independent investment advisors are not owned by, affiliated with, or supervised by Schwab.

The RIAs (Registered Investment Advisors) and their representatives use Schwab for custody, trading, and operational support.

The above-mentioned firm and its employees are not affiliated with or employees of Schwab.  The mention of these third parties should not be construed as a recommendation, endorsement of, or sponsorship by Schwab.  You must decide whether to hire any firm and the appropriateness of its services for you or your firm. Schwab does not supervise third-party firms and takes no responsibility to monitor the services they provide to you.  

The views expressed are those of the third party.  Experiences expressed are no guarantee of future performance or success and may not be representative of your experience. Schwab makes no representation about the accuracy of the information or its appropriateness for any given situation.  Past performance is not an indicator of future results.  Some of the statements have been edited.

©2014 Charles Schwab & Co., Inc. ("Schwab").  All rights reserved.  Member SIPC ( Schwab Advisor Services™ includes the custody, trading, and support services of Schwab.

AHA (1114-7215) 10/14]

Make a swift and seamless conversion of client accounts.

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