Schwab Advisor Services

RIA Talent Advantage®

Program Overview

Registered Independent Advisory firms are experiencing a strong growth trajectory, making the need to scale and grow efficiently more important than ever. Recruiting and retaining the right talent will help power that growth.

We're also seeing a change in investor demographics, with women, younger people, and culturally and ethnically diverse investors controlling more assets. As a result, it's important to hire individuals who reflect the clients you want to serve.

But competition for high-performing talent is tight—and you may have many demands on your time. RIA Talent Advantage® is a comprehensive offering to help you enhance your recruiting, hiring, talent development, and retention strategies.

Changing Investor Demographics

Private wealth in the U.S. is expected to grow to $22T by 2020, and 50% of it will be in the hands of women.1

Minorities comprised 37.8% of the U.S. population in 2014.2

About The Talent Advantage Program

The Talent Advantage Program offers support in three key areas:

For advisors to really drive growth in the future, they will need a more diverse talent pool of advisors to meet the demands of changing client demographics.

Bernie Clark, Managing Director, Head of Advisor Services

RIA Talent Advantage® Recruitment Playbook

To provide even more support, we have created a Recruitment Playbook, a step-by-step guide to recruiting and retaining top talent. You'll find information and resources on everything from sourcing and interviewing top candidates to onboarding and retention. And in keeping with the mission of Talent Advantage, you'll find specific strategies for hiring women and multicultural talent for your firm.


1. "The Female Economy," Michael J. Silverstein and Kate Sayre, Harvard Business Review, September 2009.

2. "Projections of the Size and Composition of the U.S. Population: 2014 – 2060," United States Census Bureau, P25-1145, March 2015.

The RIA Talent Advantage® Program supports advisors with tools, resources, and networking opportunities to attract, develop, and retain diverse talent to serve investors.

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