Launch your new firm
To help you launch a successful firm, we’ve assembled the industry’s "best of the best" providers. No one in the industry offers our depth and breadth of resources and support.
Schwab Business Start-Up Solutions
One of the most challenging and time-consuming aspects of starting any new business is researching, selecting and coordinating all the aspects of establishing your new practice and office. That’s why we created Schwab Business Start-Up Solutions, a suite of services comprised of expert resources for helping you launch your new firm.
We’ve brought together the industry’s best, combining resources available from Schwab Institutional and from third-party providers. And you will have the support of a Schwab Business Development Officer to assist you every step of the way.
Supporting the four key start-up areas
We’ve identified the following four major areas of need for advisors who are making the transition to the independent model:
- Strategic planning. We will provide start-up planning and cost calculator tools to help you create your business plan and think through the strategic considerations of your move. We will work closely with you to help you define your business, financing and legal and compliance considerations. And your customized transition plan will contain what you need to consider as well as when and how.
- Technology and client reporting. Good technology should reduce the time, money and effort you spend managing your back-office, while supporting your overall business strategy. We offer the turnkey portfolio data management and client performance reporting you may need, and expert consultation and support to help you implement and maintain your technology.
- Business set-up Regardless of your business size, we have relationships with firms that can help you create a workplace that will welcome clients and motivate employees. Whether it’s finding and furnishing an office space, establishing healthcare, retirement and other benefits, attracting and keeping top talent, getting the right business insurance, or getting the essentials for your office such as computers, copiers, etc.; we will help coordinate putting the pieces into place.*
- Marketing. From the day you open your doors for business, you’ll need a sound marketing strategy that broadcasts the value of your services to your target audience. We can help coordinate getting what you’ll need for public relations support and customized marketing communications, including stationery, collateral and resources to help you establish an online presence. *
* Some of the above services are provided by third-party firms who are not affiliated with Schwab. Plan availability varies by region. Receipt of these services at a preferred rate may need to be disclosed on your Form ADV. Please consult with your own legal/compliance counsel
regarding your obligations to your clients. Charles Schwab does not provide legal, compliance or tax advice to its clients.
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