Considering going independent?

With approximately $49.5 billion in assets transferred to Schwab and 277,000 new accounts in 2007 alone, you can be confident that we have the expertise and resources to move your clients’ assets smoothly.

What support will you have during the conversion?

Hear what David Bromelkamp, CEO of Allodium Investment Consultants in Minneapolis, MN, has to say.

Convert

Once your strategic plan is in place, our goal is to make the conversion as seamless for you and your clients as possible.

To help facilitate a smooth and efficient conversion, we assign a dedicated team to help you make the move, so you can continue to focus on your clients. This team helps you prepare for all aspects of going independent, from establishing your office to the transfer of your client accounts.

A team dedicated to your conversion

Your relationship manager will help manage a specialized conversion team who will work to make your conversion as quick and painless as possible for you and your clients. You’ll get to know the people on this team on a first name basis, and they will be available to answer your day-to-day questions and help you get your operations running smoothly. The team includes:

  • Your relationship manager, who understands your business strategy and proactively supports the transition
  • A conversion consultant who coordinates the actual conversion project plan and oversees the entire process, acts as a liaison between the internal Schwab departments, and monitors progress
  • Conversion specialists who collect and manage account paperwork and oversee day-to-day details related to the new account opening and transfer of account process
  • A technology consultant available to help you set up your systems, create a customized solution or integrate your technology with Schwab’s

Automate your office with tools from Schwab Performance Technologies

Implementing a technology solution for your advisory firm shouldn’t slow your transition to independence. Schwab Performance Technologies provides integrated, easy-to-use open-architecture solutions. Our innovative technology includes:

  • Sophisticated portfolio management tools
  • Performance measurement capabilities
  • Professional reporting

By working with Schwab Performance Technologies, you benefit from the unique integration of this technology platform with our trading and custody services. This means better quality data, a more streamlined office and easier to use technology for your new firm.

In addition, you have the opportunity to leverage our relationships with leading outsource service providers. We offer turnkey solutions for portfolio management and client reporting, closely tailored to your needs.

Our solutions can help your clients see the value of your services and enable you to focus on serving those clients.

Your data will stay yours — Schwab Institutional and Schwab Performance Technologies have secured agreements with the service providers that allow portability. And our service providers offer competitive pricing.

To learn more, visit: Schwab Performance Technologies.

See our proven track record

Since 1987, we have been working to build the independent advisory business from the ground up.

We’ve spent 21 years developing our business around the needs of advisors, and coming up with solutions to meet the demands of an ever-evolving industry so that our clients can succeed and grow. When you work with us, you can feel confident that you’re working with the industry leader, because we:

  • Custody 1.6 million client accounts, representing $583 billion in assets managed by investment advisors — that’s more than our next 5 competitors combined
  • Represent more than one-third of the total customer assets custodied with The Charles Schwab Corporation
  • Provide a team of experts — among the industry’s largest — who are dedicated to helping financial advisors grow and maintain a successful advisory firm
  • Have 52 dedicated New Accounts employees, and 65 dedicated Transfer of Assets employees
  • Have the most experienced service teams in the industry — 7.5 years of tenure on average

All numbers as of 12/31/2007.

Schwab Performance Technologies (“SPT”), like Schwab, is a subsidiary of The Charles Schwab Corporation. Schwab provides brokerage services, while SPT licenses software and provides related technology products and services. PortfolioCenter® is a product of SPT.