What's New: Balances/Positions/Transactions

Schwab Advisor Center® has digital tools and resources to help you onboard new relationships, support your clients, and scale your business. Below you can learn about the latest enhancements and resources, or explore recent updates by clicking on a topic.

Access RIAConnect and network online with firms and talent

Now all firms that custody assets with Schwab can access RIAConnect, our online community that enables you to network and initiate conversations with other firms and job seekers to help you reach your business goals.

You are invited to join the platform, create a profile, and begin connecting with other firms with complementary goals, as well as with individuals seeking an internship or a career in the RIA industry. Whether you are interested in succession planning, merging, selling, acquiring, sharing ideas, or finding great talent, this online community and matching tool will connect you quickly and at no cost.

Before any Schwab Advisor Center user can access RIAConnect, your firm's security administrator must first add them to one of the following security groups, depending on the type of access needed: 

  • All Access: This level provides access to all functionality on the site, including mergers and acquisitions, succession planning, talent searches, and other networking options.
  • Talent Only: This level gives the user access to only the talent search function.

Once you have been added to either group, visit advisorservices.schwab.com/riaconnect to access the tool. 

If you have any questions about RIAConnect, please reach out to RIAConnect@schwab.com.

December 2022 (1222-2HJP)

Better readability, editing, and viewing of key data

The cost basis page features a new look-and-feel designed to make it easier than ever to find the information you need for your clients' accounts.

The improved page features include:

  • Better readability, interactivity, and use of widescreen resolutions in the gain/loss tables
  • New user interface that offers easy access when editing information or viewing and subscribing to reports at the account level

None of the functionality you depend on has changed, meaning these enhancements should not affect your daily workflows—other than possibly expediting them!

If you would prefer to transition more slowly, you can still use the classic version of the page temporarily: Click the View legacy Cost Basis link to toggle between the new version and the older view.

We will continue to enhance this and other pages on Schwab Advisor Center as we work to modernize your experience.

November 2022 (1122-20T1)

Screenshot of cost basis page

Tag accounts, masters, and groups for easy access across the site

Get the best of both worlds. As part of the ongoing TD Ameritrade integration, a major set of new enhancements is being added to Schwab Advisor Center that incorporates top capabilities from TD Ameritrade's Veo One® platform. Long-term enhancements include a new dashboard with customizable modules and a modern design that simplifies the user experience. The first enhancement—new bookmark functionality—is now available. 

The new bookmark icon appears next to each account, master account, and group you view on Schwab Advisor Center. When you click it, that account or group is added to your bookmarks—all of which can be accessed by clicking the Bookmarks link at the top of the page, on the left rail, or on various page grids. This new functionality makes it easier than ever to find the items you interact with frequently, no matter where you are on the site.

June 2022 (0622-2NSK)


For advisor use only. For general educational purposes.

Any investments reflected are for illustrative purposes only and are not intended to be nor should they be construed as a recommendation to buy, sell, or continue to hold any investment. Screen shots are for illustrative purposes only, may be historical in nature, and should not be used as a basis for any investment decision.

Schwab Advisor Services™ includes the custody, trading, and support services of Charles Schwab & Co., Inc. ("Schwab"), a registered broker-dealer and member SIPC, and the technology products and services of Performance Technologies, Inc. ("PTI"). PTI and Schwab are separate companies affiliated as subsidiaries of The Charles Schwab Corporation, but their products and services are independent of each other. PTI’s integration solutions integrate data about accounts custodied at Schwab.

API integration is available through Schwab OpenView Gateway®, which is provided by PTI. Single sign-on is provided by PTI. Daily data files and trading integration are available through Schwab. Schwab OpenView Gateway® and Schwab OpenView MarketSquare™ are services of PTI.

References to third parties (whether such parties are vendors participating in a service of PTI or independent advisors using a service of a participating vendor) are not an endorsement or recommendation of, or an opinion (favorable or unfavorable), or advice about, or a referral to any product or service of any third party. Advisors are solely responsible for evaluating, selecting, and purchasing products and services offered by third party vendors. Unless indicated otherwise, third parties are independent and not affiliated with PTI or its affiliates.

Schwab Performance Technologies® ("SPT") provides technology solutions to independent investment advisors, while Schwab provides them and their clients with custody, trading, and related support services. SPT and Schwab are separate companies affiliated as subsidiaries of The Charles Schwab Corporation, but their products and services are independent from each other.

Schwab Advisor Portfolio Connect™ is a product of SPT.

Institutional Intelligent Portfolios ("IIP") is a technology and service platform made available by SPT to independent advisors who maintain a business relationship with Schwab Advisor Services.

Charles Schwab & Co., Inc. and Charles Schwab Bank are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products, including the Schwab One® brokerage account, are offered by Charles Schwab & Co., Inc., Member SIPC. Deposit and lending products are offered by Charles Schwab Bank, Member FDIC and an Equal Housing Lender.

Schwab affiliates earn revenue from the underlying assets in Institutional Intelligent Portfolios® accounts. This revenue comes from managing Schwab ETFs™ or Schwab Funds® and providing services relating to certain third-party funds that can be selected for the portfolio, and from the cash feature on the accounts. Revenue may also be received from the market centers where ETF trade orders are routed for execution. Tax-loss harvesting is available for clients with invested assets of $50,000 or more in their Institutional Intelligent Portfolios account. Clients must be enrolled to receive this service. Cash balances held in the Sweep Program at Schwab Bank are eligible for FDIC insurance up to allowable limits per depositor, per account ownership category.