Industry
The landscape from our vantage point
Featured Stories
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IndustryFive trends we expect to drive financial services in 2021
Schwab's Neesha Hathi offers predictions for the year ahead and beyond on the technology and innovation landscape for the industry.
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Industry, ViewpointsThe secret Tesla reveals about index investing
Founder and Chairman, Chuck Schwab, shares his perspective on index investing and why understanding the nuances of the market is important.
Chuck Schwab and Admiral Tom Fargo discuss the USAA transition and USAA members' exciting future with Schwab.
A conversation with Chuck Schwab and Admiral Tom Fargo
Hear from the Chairmen of Charles Schwab & USAA
CHUCK: Hello, I’m Chuck Schwab. I’m Chairman of the Charles Schwab Corporation, and I’m so pleased to have my friend Tom Fargo, who is Chairman, also, of USAA be with me here today to talk about a few interesting things that we’ve all planned together.
TOM: Hi, Chuck. It’s great to be with you. I know we’re all working in different ways right now. We didn’t want to miss the opportunity to talk about the future, which I think is really very exciting.
CHUCK: Absolutely. I think the transitioning of clients to the Schwab organization will be a fantastic thing for both of our organizations. I think we’re going to add additional services that I think your clients may want to have going forward, and we’re very thrilled.
TOM: We looked long and hard before picking someone to work with in this particular space. And I think our missions are very much aligned, and you can provide our members a wider range of products and greater pricing. And so we’re really looking forward to moving forward. And you’ll clearly meet our brokerage and wealth management needs in a great fashion and high standard.
CHUCK: Well, I’ve been certainly a fan of USAA for many, many years. I know the level of service you provide. It’s a real honor for me to be the firm that you guys have selected to transition with. I know we share the same values. We want to make sure we do the right thing always for every one of our clients.
TOM: Well, I know our members are particularly happy that many of our investment management professionals are moving to your team, and they’ll be great teammates for you. I know the folks that I’ve been working with in the last couple years are moving over. So this will make for a very smooth transition.
CHUCK: And I think that’s what both of organizations are known for, high levels of service, really deep care for our clients, and always be open to additional service, 24 hours, seven days a week.
Well, I can’t tell you how much I respect the members of your organization and what contribution they’ve made to America. I think it’s a great… a great honor for us to be able to serve you guys.
TOM: Well, here’s to the future, Chuck. I think it’s going to be very bright, and we look forward to working closely with you.
CHUCK: Thank you, Tom.
Additional Stories
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IndustryWhy health savings accounts should be part of your financial routine
Based on 401K study data, Schwab executive Nathan Voris talks about how HSAs benefit overall retirement savings plans.
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IndustryCelebrating 15 years of IMPACT Awards® winners
In honor of the 15th anniversary of the IMPACT Awards program, past winners share their memories from the main stage at IMPACT and talk about how their firms have grown and evolved since that day.
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Industry, Viewpoints2020 is an Especially Good Year to Give
Schwab Charitable president Kim Laughton provides insight on how donors have stepped up and increased their giving to support those most impacted by this challenging environment.
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Industry, ViewpointsA Historic Moment and Opportunity
CEO Walt Bettinger shares a few thoughts on the close of the TD Ameritrade acquisition – why the combination helps us towards our goal of being a company that can best serve clients with the soul of a challenger.
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Industry, InnovationCybersecurity: a cornerstone of client trust
As fraudsters and scammers seek to take advantage of individuals and financial institutions, Schwab reaffirms our commitment to work tirelessly with our clients to keep their data safe and secure.
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Industry, ViewpointsGrowth: It’s What’s Coming
Schwab executive Bernie Clark shares his perspective on the growth of the advisor industry and what it takes to be successful.
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IndustryI was an RIA Summer Intern: Here’s my advice to advisors
As an intern with Schwab Advisor Services this past summer, Hailey Leister enjoyed learning about the independent advisor industry and how firms serve their clients. She offers a few tips on how advisors can attract new talent.
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IndustryIn the best interest of clients: making sense of Reg BI
On June 30, the Securities and Exchange Commission’s Regulation Best Interest (Reg BI) took effect, raising the industry standard for broker-dealers to act in the best interests of clients when providing investment advice.
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Innovation, IndustryRetirement planning made simpler, easier, and more modern – for free
Schwab executives Jonathan Craig and Neesha Hathi answer questions about Schwab's new retirement planning tool, Schwab Plan, a digital self-guided financial plan that’s available through Schwab.com.
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IndustryThe rise of direct investing in the Family Office
There's tremendous interest in family offices as they become an increasingly substantial player in the wealth management space. Schwab Advisor Family Office, in partnership with FINTRX, looks at direct investing by family offices in a recent whitepaper.
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IndustryFinancial literacy: a great equalizer in the battle against social injustice
According to a recent Charles Schwab Financial Literacy Survey, 89% of Americans agree that lack of financial education contributes to some of the biggest social issues our country faces.
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Culture, IndustrySchwab establishes endowed scholarships to support Black students pursuing a career in Financial Planning
Through the Charles Schwab Foundation, Schwab is establishing endowed scholarships to help increase the pipeline of diverse talent into our industry and within our own firm.
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IndustryCreating a cycle of opportunity for employees
This year, the COVID-19 pandemic upended the workplace as we knew it. Firm leaders may need to reconsider their sourcing and hiring strategies to attract new talent.
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IndustrySharing stories of independence
Schwab Advisor Services’TM creative teams have launched the podcast "How I Became an Independent RIA."
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IndustryKeeping your data safe in times of crisis
A key part of preparing for crises means being aware of schemes and tactics fraudsters use to steal personal data. Schwab provides a few helpful tips.
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Industry | MilitaryStanding ready to serve
Schwab is helping military members, American veterans and their families build secure financial futures. CEO Walt Bettinger and members of Schwab’s USAA integration team discuss the recent acquisition.
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Industry, ViewpointsPersistence never waivers
In the latest TV spot from Charles Schwab & Co., Chuck Schwab, our founder shares his perspective on the current crisis, by recalling previous crises endured and overcome by his generation.
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IndustryLean on me (virtually): Advisors navigating a pivotal time together
RIA firm leaders from 20 states convened for Schwab Advisor Services'(TM) 2020 Executive Leadership Program (ELP) but quickly found themselves in an unprecedented situation with chaos in the markets and a pandemic spreading. A few leaders share some of their key strategies for helping employees and serving clients during a time of crisis.
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IndustryFinancial learning can start at home, especially now
Learning how to manage money and handle credit, as well as the importance of saving and investing, can be empowering and even life-changing for young people.
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IndustryMeet Tom Bradley: Bringing his Texas-sized experience to small advisors
Tom Bradley’s well-known, well-connected, and much-beloved in the industry, with a career that included leadership roles at TD Ameritrade. As he settles into his new role at Schwab, Tom shares a bit about himself and his vision for what's ahead.
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Industry, ViewpointsWealth management trends: Advice, fee transparency & automatic 401(k)s
With a new year and new decade off and running, we asked leaders at Schwab to offer their perspectives on the most significant changes in the past 10 years and their impacts on investors.
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Innovation, IndustryA mobile assistant puts investing help in the palm of your hand
Schwab set out to earn a place on the home screens of our clients’ phones by making the mobile investing process as easy as possible. With the launch of Schwab Assistant – an artificial intelligence-powered assistant, clients can use their own voice or text to easily find information and complete tasks through the mobile app.
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Innovation, Industry, ViewpointsWealth management trends: Falling fees and Subscription-pricing
With a new year and new decade off and running, we asked leaders at Schwab to offer their perspectives on the most significant changes in the past 10 years and their impacts on investors.
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Industry, ViewpointsClients first in all ways
The Registered Investment Advisor (RIA) ecosystem continues to grow aggressively. At the same time, the industry is navigating a period of great change: new entrants, new ways of serving, and new name combinations. Schwab CEO Walt Bettinger provides perspective on what's not changing.
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Innovation, IndustryArtificial intelligence for real solutions
Automated phone-based voice assistant technology has come a long way since Apple1 first introduced Siri® in 2011. Now, Schwab Advisor Services is putting the best voice technology to task to enhance its service for independent Registered Investment Advisors (RIA).
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Innovation, Industry, ViewpointsWealth management trends: Digitization and Rising costs
With a new year and new decade off and running, we asked leaders at Schwab to offer their perspectives on the most significant changes in the past 10 years and their impacts on investors.
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IndustryCutting through the speculation
Schwab executive Joe Martinetto provides a little insight on the integration of Schwab and TD Ameritrade pending regulatory and stockholder approvals.
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IndustryKeeping pace with advisors means changes for custodians
High net worth clients have more complex and diverse wealth management needs than ever before. This has translated into more sophistication, more complexity and increased specialization for RIAs, who now have firms as diverse as the clients they serve.
Advisors need more and that’s exactly what we’re going to give them.
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IndustryWe started small. But our idea was big
How Schwab Advisor Services went all in to help advisors grow, and build an industry.
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Innovation, Industry, ViewpointsMake something complicated easier
We reached another milestone in Schwab’s digital evolution earlier this month with the launch of Schwab Intelligent Income™ which simplifies the process of managing income needs from an investment portfolio by helping clients invest, plan and automate withdrawals, navigate taxes, and stay on track.
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Innovation, IndustrySo you think I should invest? Teach me how!
Schwab’s “How to Invest” feature helps investors learn how to take charge of their financial futures.
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Viewpoints, Industry, CultureWhy investing matters to me
I shared with the audience one powerful question I was asked many years ago by a colleague. The question was simple: “Are you passionate about what you’re doing?” It sounds like an obvious question, but for me, it was critically important and got me to reexamine my situation.
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Industry, InnovationThe digital accelerator
What’s better than digital transformation? A faster digital transformation—that delights customers, develops agile ways of working, and creates new value. Here’s the road map followed at Schwab.
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IndustryHappiness? It’s not what you think it is
At Schwab’s annual IMPACT conference, Dr. Harmon told a rapt audience of advisors about learning to love where you are. It’s about learning to overestimate the good that happens in our lives, and underestimate the bad.
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Viewpoints, IndustryTop Wall Street women: The secret to success in finance
In a podcast hosted by The Wall Street Journal, Liz Ann Sonders shares her secret on getting to the top in the finance industry.
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Viewpoints, Industry, CultureGrateful, humbled and in awe
As a proud alumnus, I was honored to give the commencement address to the University of Maryland’s Smith School of Business class of 2019. My family was there with me that night – including my father who graduated from Maryland in the 60’s, and my daughter who graduated from Maryland last year. We are three generations of proud Terps.
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Viewpoints, IndustryChuck.
Chuck’s memoir Invested has arrived. People often ask me what Chuck is like. Demanding. Competitive. Authentic. Patriotic. Humble. Deeply involved. And completely committed to helping individual investors. Let me explain.
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Viewpoints, IndustryJust ask.
You know the cliché about asking questions? People say it all the time: “There is no such thing as a stupid question.“ But do we believe it?
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Viewpoints, Culture, IndustryLooking back with my father, Charles Schwab
I sat down with my dad, Chuck Schwab, to talk about his new memoir, INVESTED...Take a look.
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Viewpoints, Industry, CultureForget the PowerPoint. What do our clients want?
I’m so pleased that Chuck is sharing his story for the first time in its entirety in a new memoir entitled, Invested - Changing Forever The Way Americans Invest. It’s a compelling story of an entrepreneur who believes down to his core that doing what’s right by your customers is the surest way to success in business.
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Viewpoints, IndustryCreating marketing for everyone
Since our founding, few things have been more important to us than the notion of serving the needs of all investors. It is the essence of why Chuck founded this firm. And it is why we take a very deliberate approach with our marketing to make sure we engage audiences in ways that are appropriate for everyone.
