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.

Electronically submit bulk instructions in seconds

As part of our ongoing efforts to simplify your management of client accounts, we have added a new Reinvest page to the Accounts tab. With this new page, you can now streamline your dividend and capital gains reinvestment process by submitting election changes in bulk on the firm, master, account, or group level. 

Previously, submitting election changes required up to six clicks to update a single account. The new page drastically reduces the time needed to manage these changes by supporting the ability to submit multiple elections across up to 8,000 positions or accounts in as few as three clicks.

October 2020 (1020-09L5)

Navigate to the new Reinvest tab, and use the search function to find accounts based on instructions, security type, or status.

Dedicated section makes it easier to find key information

A new section on the Profiles page displays key beneficiary information in a clear, easy-to-read format.

The section can be set to show the designation for each beneficiary as a:

  • Percentage 
  • Fraction
  • Custom view assigning the lesser of a fixed dollar amount or a percentage

August 2020 (0820-0HAA)

Easily view information about account beneficiaries in the dedicated Beneficiary Information section on the Profiles page.

More actionable client info at your fingertips

The Schwab Advisor Center® Mobile app is adding a new tab that will allow advisors to see cost basis data for their client accounts, in addition to balances, positions, and history. This new tab provides quick, easy visibility into total unrealized gain/loss at a lot, security, category, or account level.

To begin using this new feature, you can download version 3.0 or above for your iOS or Android device from the App Store or Google Play.

June 2020 (0620-02US)

SAC Mobile App

eSigned trust forms no longer require notarization

To help you and your clients work more efficiently, we have enabled more forms for eSignature. Specifically, these are advisor-only signed forms (i.e., no client signature is applicable) that can be eSigned by a principal or authorized agent.

Additionally, two trust forms have also been enabled for eSignature and do not require notarization* if eSigned.

  • Trustee Change Form
  • Trust Addendum

*If submitted through paper and wet signature, a notary is still required.

You'll find a complete list of eSignable forms on the Forms and Applications page. We are in the process of making even more forms eSignable and plan to introduce these in the coming weeks.

June 2020 (0620-02US)

DocuSign Enhancements

Higher limits make it more convenient for clients to deposit remotely

Given the current environment, we've increased the maximum dollar amount your clients can deposit each day using the check deposit feature on the Schwab Mobile app. The feature makes it easier for them to securely deposit checks from the comfort of their home.

The maximum amount that clients can deposit per day varies based on a number of factors. Clients can confirm the maximum amount in the middle of the check deposit screen in the mobile app.

We encourage you to talk to your clients about downloading and installing the Schwab Mobile App to take advantage of this feature. The Mobile App section of the Client Learning Center provides more information. For an overview of the mobile deposit process, clients can watch this video.

April 2020 (0420-0KPK)


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.

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