Trading, Research, and Rebalancing

Reports cover important topics including ETFs, mutual funds, and more

As part of our ongoing effort to provide you with the information you need to make smart trading decisions for your clients, we have expanded the amount of timely market commentary from CFRA that’s available within the Research tab. You’ll find this content at the following locations:

  • CFRA ETF Report for individual ETFs on the ETFs summary page
  • CFRA Mutual Fund report for individual mutual funds on the Mutual Funds summary page
  • CFRA Sam Stovall Sector Watch and CFRA Outlook commentary on the Market Reports page

We encourage you to explore these, and all of the other in-depth information available on the Research tab, today.

September 2019 (0919-9ZTG)

An easier way to use available cash to create new positions

To give you more flexibility in creating block trades, we've made several enhancements to the Trade from Positions tab on Schwab Advisor Center®.

  • For both Master Accounts and Custom Groups, the "Symbol" field now provides an optional dropdown that displays all of the positions held in an account or group, along with the total number of shares or contracts for each position.
  • A new "Add Accounts" field will let you select between filtering on accounts that hold a position for the security in the "Symbol" field, or accounts that do not hold a position for the security.

These enhancements are the first of several you will see coming to the Trade from Positions tab to help you create more efficient and streamlined trading workflows.

July 2019 (0719-9U2T)

Portfolio Analysis update eliminates need to hand-calculate category totals

You can now easily view investment style and market cap totals when using the equity and fixed income portfolio analysis tool, providing valuable summary information for individual portfolios or when comparing against a chosen benchmark.

To view these totals, simply hover your mouse over an investment style or market cap category. In addition, you can now export analysis tabs into Microsoft Excel® — either individually or in a group.

Portfolio analysis tools can be accessed from the Positions, Trading, and Trading Watchlist tabs on Schwab Advisor Center®.

July 2019 (0719-9U2T)

Enhancements make Schwab Advisor StreetSmart Edge® even more customizable

Based on feedback from advisors like you, we've made make our premier quotes and trading platform, customized exclusively for advisors, even better. The new features are designed to support the way you use Schwab Advisor StreetSmart Edge, with improvements to both the quotes-only and trading versions.

For all users:

  • Now, you can monitor real-time prices across various time horizons, including year-to-date, through the price performance information available through the Watch List tool.
  • To access this feature from the Watch List, click Actions > Columns & Settings, and choose the time periods you want to view from the Performance section.

For trading users:

  • Use new functionality to create conditional orders and alerts, which only activate when certain conditions are met. These can be helpful in automating your trading approach and to stay informed.
  • You'll find the new order type and alert option in the symbol hub and All In One Trade Tool, as well as in a number of other menus across the platform.

April 2019 (0419-9Y0X)

Mutual fund trading integration available through FIS and Fix Flyer

Schwab works with a broad range of third-party providers to help you drive efficiency and scale. Many leading providers—including Moxy, Blaze, Eze Castle, Orion, RedBlack, and Tamarac—use FIX Flyer or FIS to facilitate the routing of trade data using the FIX network. You can now use these third-party systems as your single point of entry for placing both equity and mutual fund trades, instead of managing these trades across multiple systems.

To get started, contact your OMS provider and let them know you would like to establish a FIX connection with FIS or FIX Flyer. To learn more about the benefits of trading integration, visit Schwab Advisor Center®.

January 2019 (0119-8V33)

Protect your clients' trade data with a secure online option

To help your clients who are enrolled in electronic trade confirmations enhance their accounts' data security, you can now choose between two delivery preferences for paperless trade confirmations. Choose:

  • "Email" to receive full trade details within the body of the email or
  • "Online" to receive an email that directs clients to log in online to view the trade details.

Currently, clients enrolled receive these notifications via an email containing all relevant details about the trade. The new delivery option reduces the amount of trade information provided through this email, requiring clients to log in to Schwab Alliance to view the complete details of the trade. This option was added to alleviate clients' privacy concerns about receiving emails with full trade details.

Clients can already change this setting from Schwab Alliance, and now you can make this change on your client's behalf from the Profiles page. Scroll down to find the Change Delivery Method link, and then select the Online option for the account's confirmations.

If you have any questions about this functionality, please contact your service team.

December (1218-8FPD)

Portfolio Analysis tool offers instant access to useful comparisons

Now, when you select an account on the Positions, Order Trading, or Trade from Positions tabs, a new Portfolio Analysis option lets you enter a fund name—or even a target dated fund—and use it as a benchmark to generate an instant comparison with the selected master, account, household, or custom group.

This functionality compares the following attributes:

  • Asset Allocations
  • Equity Styles
  • Fixed Income Styles
  • Equity Sectors
  • Fixed Income Sectors

This functionality, which is one of traders' most frequently requested enhancements, provides timely decision support for trades, and makes it easy to review the impact of recently executed trades on the affected portfolio.

November 2018 (1118-889D)

New Portfolio Analysis feature offers deep insights and decision support

A new Portfolio Analysis link on the Order Entry tab now offers easy access to vital information about any account, including:

  • Asset Allocations
  • Equity Styles
  • Equity Sectors
  • Fixed Income Styles
  • Fixed Income Sectors

This important new feature, which delivers Morningstar data that you can easily access within your standard trading workflows, helps you access the analytics you need to make better trading decisions for your clients. And as soon as trades are executed, you can review their impact on the overall portfolio.

This is the latest enhancement in our ongoing effort to create tools that support your trading workflows, and allow you to trade your way.

July 2018 (0718-8SUV)

Import client positions into a Watch List to easily monitor securities held in portfolios

We recently added a View Positions link on the Trading > Equity, MF, Options > Watch List tab that you can use to import up to 100 positions for any sub-account, custom group (e.g., households), or master account. This new functionality makes it easy to track any changes to existing client positions as you receive pulsing market updates throughout the day.

You can even create a custom view to monitor client positions. For example, you can add security ratings, P/E ratios, and other analytical data.

May 2018 (0518-8EAB)

Our new premier trading and real-time quotes platform

Schwab Advisor StreetSmart Edge® is our new, cloud-based solution for trading and quotes. It has been customized specifically to meet the needs of firms like yours, and fit seamlessly into your existing workflows. The platform offers:

  • Flexibility, with two versions available—quotes only or trading*, to meet your firm's needs
  • Secure, cloud-based access from any operating system or browser, and integration with the web trading platform on Schwab Advisor Center®
  • Customizable news feeds, including live streaming of CNBC TV
  • Enhanced charting and comprehensive research tools
  • Complementary streaming quotes via the Cboe Equities One Feed
  • Premium Level 1 and Level 2 quote feeds from a variety of providers

We encourage you to explore the platform with our illustrated guide. More information on free and premium quote feeds is available in our pricing guide. If you have any additional questions, please contact the trading desk.

March 2018 (0318-8DH6)

*Trading features require a subscription to premium quote feeds. See pricing guide for details.

Cost basis tools help with tax preparation and ongoing cost basis analysis

To help manage cost basis data on your clients' Schwab accounts and serve your clients better:

  • Recently, we added a "u" field value on the Cost Basis > Unrealized Gain/Loss tab to help identify situations when Schwab received an incoming cost basis report from the transferring custodian but the cost basis is unknown. Now we added a similar "u" field to the Cost Basis > Realized Gain/Loss tab.
  • As a reminder, cost basis data file types are available through Schwab Data Delivery®, providing cost basis information at a master account level. These files, which contain daily unrealized gain/loss information and realized gain/loss information going back two years, even support integration with your portfolio management system and tools for comparing your records with Schwab's. In addition, third-party providers can access technical specifications for Schwab data downloads to reuse the cost basis data provided in the files we make available.

Questions? Contact Advisor Platform Support at 800-647-5465.

February 2018 (0218-8T9W)