Are you keeping pace with your peers' technology?

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More than 58% of RIA firms are racing ahead with new technology this year. See what our survey says about the roadblocks of investing in tech advancements for your firm. View the Findings.

Charles Schwab
Schwab Advisor Services
Independent Advisor Outlook Study

Running a Registered Investment Advisor (RIA) firm is a journey.
To help keep you informed and on the right path, Schwab surveys independent advisors.

What did we learn?
RIAs are racing ahead on technology and enhancing the client experience.

Last year, most independent advisors implemented new technology - 60%

And most plan to do the same this year - 58%

RIAs typically spend 10% of their budget on tech.

Grow and Scale
38% of advisors are employing new tech in order to serve more clients.

What is in the way of growth?
24% say the biggest barrier to growth is the cost of doing business.

50% still rely on manual processes
But RIAs can automate account open operations.

When you don’t know what your peers are doing, the RIA journey can be an uphill climb.
Charles Schwab always at your side to help you navigate the road ahead.

Charles Schwab
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