What's New: Trading, Research, and Rebalancing
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.
Orders stay active longer after an increase to GTC expiration time limit
We are pleased to announce that the good-till-canceled (GTC) expiration time limit for all new stock orders has increased from 60 days to 180 days, allowing orders to stay active longer and reducing the need to reenter them after expiration.
GTC orders are automatically canceled at market close on the selected date or, if the selected date falls on a weekend or holiday, on the last day the market is open. All existing GTC orders will still expire at 60 days and must be reentered to leverage the new 180-day limit.
We hope that these and future improvements to Schwab Advisor Center will make conducting business on behalf of your clients and firm even better. If you have any questions about this change or another trading-related matter, please contact the trading desk.
February 2023 (0223-34F3)
New Argus and CFRA reports available on the Stock Summary page
To enhance the variety of sources available to advisors on the Research tab, we have added reports from Argus and CFRA to the Stock Summary page. These high-quality analyses from leading firms facilitate making important choices when trading for your clients' accounts.
- The Argus Options report gives you access to economic forecasts and analyses that are designed to help you evaluate options investments.
- The CFRA Quantitative Report provides a broad array of fundamental, quantitative, and technical data to help identify potential investment opportunities.
To access either of these reports navigate to the Research tab and scroll down to the Ratings panel on the Stock Summary page.
October 2022 (1022-2DCM)
Round off your investment research with new ESG ratings from MSCI
Why not look at all the information? Now in addition to using traditional methods to analyze stocks, you can expand your lens to evaluate a company's management of financially relevant environmental, social, and governance (ESG) risks and opportunities.
To bring you these new insights, we selected the rating system from MSCI, which has more than 40 years of experience measuring and modeling ESG performance:
- ESG ratings of 8,500 companies (14,000 issuers, including subsidiaries) and more than 680,000 equity and fixed income securities globally1
- Leveraging artificial intelligence, machine learning, and natural language processing
- Strong team of 200+ analysts
Explore the MSCI ESG Ratings on the Stock Summary page and see how your favorite companies perform relative to their peers.
1. Source MSCI ESG Research, November 2020
July 2022 (0722-2BEM)
Introducing RIA EdCenter—comprehensive content and custom learning experiences
We've reimagined Schwab Advisor University® to deliver new features, new content, and a new experience: RIA EdCenter. The powerful combination of content and guided learning experiences makes it a robust resource for new employees or anyone in your firm who wants to learn more about Schwab's digital platform or explore our practice management thought leadership and programs.
RIA EdCenter features:
- Easier navigation with more advanced and visible search options
- One-click access to an expanded breadth of content and guided learning experiences, with new resources added weekly
- On-demand continuing education credit program for 40+ select courses
You'll continue to see new features and content in RIA EdCenter over the next several months. Whether you are trying to grow professionally or are looking to enhance your business, check back often to see what's new.
May 2022 (0522-2HNP)
Use your website to attract your best clients
Two-tenths of a second.1 That’s how long it takes prospects to form a first impression of your firm. After all, your website is at the forefront of your business and one of your most important tools to showcase who you are, the value you bring, and who you want to attract. That's why we've added a new series of programs to our Virtual Practice Management offer that focus on optimizing your growth strategies. For good reason, the first program of the series is all about your website.
Throughout this hybrid program, we help you find opportunities to make strategic improvements to your website to attract the prospects you're best suited to serve. Your time is divided into distinct areas of focus that enable you to:
- Design your website with your ideal client in mind
- Identify the biggest opportunities for your website
- Get personalized help from a Schwab Senior Business Consultant by joining an office hours session
When you complete the program, you'll be set up to activate your plan with a prioritized list of opportunities and supporting resources.
Don't you think it’s time you get started?
1 Missouri University of Science and Technology https://news.mst.edu/2012/02/eye-tracking_studies_show_firs/
1 (image) https://www.oechsli.com/5-tips-spice-website
May 2022 (0522-2HNP)
Over 130 T. Rowe Price funds now available with no transaction fees
Advisors can now purchase over 130 of T. Rowe Price's lowest-cost, actively managed institutional share class funds on Schwab Advisor Center without transaction fees.
Now more than ever, clients look to you to provide more personalized guidance and investment strategies to achieve their financial goals. Offering T. Rowe Price institutional share classes with no transaction fees can make it easier for you to construct portfolios at a lower cost, so you can put more of your clients' money to work to deliver greater value. These funds span 65 Morningstar categories, which gives you the flexibility to customize portfolios based on a client's time horizon, risk tolerance, and more.
Go to the Research tab of Schwab Advisor Center to view all the mutual funds that are available without a transaction fee.
February 2022 (0222-2WUB)
For institutional use only—not for further distribution. This material may not be forwarded or made available, in part or in whole, to any party who is not a financial professional.
Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses.
Investment value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.
Schwab receives marketing and promotional compensation from T. Rowe Price for our promotion of their mutual funds to clients of registered investment advisors that custody assets at Schwab, and for providing additional marketing support to T. Rowe Price. Schwab receives various fees for the recordkeeping, shareholder services and other administrative services that Schwab provides to other no transaction fee funds, including certain institutional share classes that are available with no transaction fee to investors at Schwab. Fees are discussed more fully here.
The Morningstar Rating™, or "star rating," is calculated for funds with at least a three-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars and the next 22.5% receive 4 stars. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. Ratings do not take into account the effects of sales charges and loads. © 2022 Morningstar, Inc. All rights reserved.
Third party trademarks are the property of their respective owners and used with permission. Third party firms and their employees are not affiliated with or employees of Schwab.
Questions about options strategies? The Trading Strategy Desk can help
Our goal is to provide you with the tools and the knowledge to help your clients pursue their investing goals. Whether you are looking for alternate ways to protect positions, potentially generate portfolio income, or mitigate risk in concentrated holdings with options strategies, our strategists can help.
Our free service also includes:
- One-on-one strategy consultations
- Weekly trading webcast series
- Market insights
February 2022 (0222-23EM)
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options." Supporting documentation for any claims or statistical information is available upon request.
Hedging and protective strategies generally involve additional costs and do not assure a profit or guarantee against loss.
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.