Research

Schwab-sponsored research provides insight on investor trends, consumer finance, independent investment advisors, retirement, and other timely issues.

Latest Research

Independent Advisor Outlook Study, Part II, October 2020

In 2020, independent advisors have experienced challenges in the face of the COVID-19 pandemic. But they remain confident in the success of their firms, and in the industry’s continued long-term growth. Find out more in the results from the latest Independent Advisor Outlook Study (IAOS).

Media Contact: Meredith Richard

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VIEW THE FINDINGS 

 

Schwab RIA Industry Transactions Research for First Half of 2020, October 2020

Deal volumes dropped sharply in March, April, and May, but started to rebound in June.

Media Contact: Meredith Richard

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2020 Equity Compensation Survey, October 2020

New research from Schwab Stock Plan Services shows the impact of the COVID-19 pandemic on equity compensation plan participants’ decisions. The survey finds that of those who recently exercised or sold equity compensation, two-thirds (67%) were influenced by the market volatility and economic downturn related to the pandemic. The survey also finds that almost two in five (39%) survey respondents say that they are more likely to need financial advice due to the pandemic.

Media Contact: Mike Peterson

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VIEW THE RESULTS  

 

Independent Advisor Outlook Study, October 2020

Schwab Advisor Services released the results of the 28th Wave of its Independent Advisor Outlook Study (IAOS), which reflects responses from 942 registered investment advisors (RIAs) whose assets are custodied with Schwab.

Media Contact: Rob Farmer

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VIEW SURVEY FINDINGS

 

2020 Modern Retirement Survey, October 2020

Amidst a global pandemic, economic uncertainties and an election looming, Boomers invested for retirement are confident that they will still enjoy their golden years. According to the Charles Schwab 2020 Modern Retirement Survey, more than 80 percent of both those who have retired and those who are soon-to-retire are satisfied or confident their lifestyle will be everything that they envision.

Media Contact: Hibah Shariff

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2020 401(k) Participant Survey Part II – Retirement Saving and Spending, September 2020

The area where 401(k) participants say they could most use help is understanding how much they’ll need to save for retirement, according to a nationwide survey of 1,000 401(k) plan participants from Schwab Retirement Plan Services. Over two thirds (68%) of participants gave an estimate of how long their retirement savings will last, with the average being 24 years. The remaining 32% say they do not know how many years their retirement savings might last, and the level of uncertainty is higher among women (40%) than men (25%).

Media Contact: Mike Peterson

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VIEW THE RESULTS  

 

Q3 2020 Retail Client Sentiment Report, September 2020

Schwab released its Q3 2020 Retail Client Sentiment Report, which shows that client outlook on the U.S. stock market is increasingly bearish. COVID-19 and the 2020 election are the leading client concerns about investing. The report is based on a survey of nearly 800 Schwab retail clients.

Media Contact: Marianne Ahlmann

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2020 401(k) Participant Survey, August 2020

Anxiety about long-term retirement savings is up according to a new survey from Schwab Retirement Plan Services, and so is participant engagement. The nationwide survey of 1,000 currently employed 401(k) plan participants finds that saving enough for a comfortable retirement continues to be their leading source of significant financial stress. On average, these 401(k) participants believe they need to save $1.9 million for retirement, an increase of 12% from the $1.7 million reported in 2019. Two in five participants also say they made a change to their 401(k) account due to COVID-19, citing rebalancing and increasing contribution rates as the most common changes.

Media Contact: Mike Peterson

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VIEW THE RESULTS  

 

2020 RIA Benchmarking Study, July 2020

The RIA Benchmarking Study by Schwab Advisor Services is the leading study of its kind in the RIA industry. The study features insights based on self-reported information on topics such as asset and revenue growth, sources of new clients, products and pricing, staffing, compensation, marketing, technology, and financial performance. Now in its fourteenth year, more than 1,000 independent advisor firms representing over a trillion dollars in AUM participated in this year’s study.

Media Contact: Meredith Richard

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VIEW THE DECK (FIRMS WITH UP TO $100M AUM)
VIEW THE DECK (FIRMS WITH $1B OR MORE IN AUM)
VIEW THE INTERACTIVE DATA VISUALIZATION

 

Modern Wealth Survey, July 2020

According to Charles Schwab’s 2020 Modern Wealth Survey, an annual examination of perspectives on saving, spending, investing and wealth, 57 percent of Americans say that they or a close family member have been financially impacted by COVID-19, but at the same time, there are some silver linings when it comes to people’s financial behaviors. Thirty-six percent of Americans say they are more likely to have savings to cover emergency expenses, and 40 percent say they are more likely to be saving more in general compared to before the pandemic outbreak in the U.S.

Media Contact: Marianne Ahlmann

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Schwab RIA Industry Transactions Research for Year-End 2019, March 2020

The RIA Industry saw record-setting M&A volume, with 106 deals completed in 2019.

Media Contact: Meredith Richard

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Schwab RIA Compensation Report, February 2020

Schwab Advisor Services’ RIA Compensation Report reflects responses from the annual RIA Benchmarking Study and offers a comprehensive look at compensation practices in the independent financial advice industry. A total of 984 firms participated in the compensation portion, representing three-quarters of those who participated in the overall study (1,310 firms).

Media Contact: Meredith Richard

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Based on an online survey of U.S. workers eligible for a workplace 401(k) plan, half of whom are actively saving in it and half of whom are not, conducted by Koski Research for Schwab Retirement Plan Services, Inc. Koski Research is neither affiliated with, nor employed by, Schwab Retirement Plan Services, Inc. The survey is based on 1,000 interviews and has a 3% margin of error at the 95% confidence level. Survey respondents worked for companies with at least 25 employees and were 25–70 years old. Survey respondents were not asked to indicate whether they had 401(k) accounts with Schwab Retirement Plan Services, Inc. All data is self-reported by study participants and is not verified or validated. Respondents participated in the study between June 2 and June 18, 2017. Detailed results can be found here. Schwab Retirement Plan Services, Inc. is a subsidiary of the Charles Schwab Corporation.

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