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An industry leading custodial experience, including Schwab Advisor Portfolio Connect

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A120982
Submitted by john.lee on Mon, 08/27/2018 - 19:51

Transcript

Andrew Salesky, SVP of Digital Advisor Solutions

We want to ensure every interaction with us is simple, easy, and efficient. That starts with eliminating paper forms so you can reduce errors and delays. We’re developing several digital tools to streamline core account-related tasks–from Account Opening to Moving Money–while providing you with more comprehensive Status.

For example, earlier this year we expanded eAuthorization to include checks and journals. So now your clients can securely approve almost all money movement requests–including wires–with a few taps on their mobile phone.

Soon, you’ll be able to use a similar process with our new Digital Account Open tool. At the same time, we’re also building out our investment management capabilities. Let me give you some examples: We’ve just begun the phased rollout of Schwab Advisor Portfolio Connect.

This platform offers a simplified approach to portfolio management for Schwab accounts—including features like Performance Reporting, Billing, and Integrated Dashboards.

We’re excited to provide all of this free of charge to our custodial clients. And for our clients with more complex or multi-custodial needs we continue to offer PortfolioCenter, as well as real-time integration with a number of leading portfolio management providers.

Our automated investment platform also continues to advance, offering more customization options. Shortly, this platform will support mutual fund portfolios and Inherited IRAs. And we are developing new features for Schwab Alliance, our tailored portal designed for your clients.

We plan to add co-browsing, a demo option, and the ability to share your content, responding to your feedback.

Schwab Advisor Services™ provides custody and trading, as well as technology and other support services to independent investment advisors. It includes the custody, trading, and related support services of Charles Schwab & Co., Inc. (“Schwab”), a registered broker-dealer and member SIPC. It also includes the technology and related products and services of Schwab Intelligent Technologies (“SIT”) and Schwab Performance Technologies® (“SPT”). Schwab, SIT, and SPT are affiliated as separate subsidiaries of The Charles Schwab Corporation, but their respective products and services are independent of each other. Schwab Advisor Portfolio Connect™ and PortfolioCenter® are products of SPT. Schwab OpenView Gateway® is a service of SIT that facilitates integration of data about accounts custodied at Schwab with third-party technology solutions used by independent investment advisory firms. Schwab Advisor Center® and Schwab Alliance are products of Schwab and are solely offered to advisors who custody with Schwab.

Schwab OpenView Gateway participants, other than SPT, are independent companies that are not affiliated with SIT or any of its affiliates. Their participation is not a recommendation or endorsement of, or referral to, the provider by SIT or any of its affiliates. Neither SIT nor any of its affiliates makes any representation or warranty about information furnished by any participating provider other than SPT. Advisors are solely responsible for evaluating, selecting, and purchasing products and services offered by them. Participating providers are required to develop the interface needed for integration, which once developed, will be subject to validation and successful pilot before becoming available to advisors. This material is for institutional investor use only. This material may not be forwarded or made available, in whole or in part, to any party that is not an institutional investor. This presentation is for general educational purposes only. ©2018 Charles Schwab & Co., Inc.. All rights reserved. (0818-8F19)

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