For advisors who custody with Charles Schwab to manage their client accounts
Charles Schwab, a California-based provider of financial services, has launched a new website for its independent investment advisors who custody with the company to manage their client accounts.
Reportedly, Schwab Advisor Center, a tool available on the site offers new features and functionality that enable advisors to explore and use client data, and integrates with Schwab Data Delivery, the company’s data files delivery and data management application.
According to the company the new platform enables advisors to: create custom account groups and organize data by household, portfolio model; navigate and access information easier, and more intuitively; search and browse to find accounts quickly and easily; access aggregate balances and positions for households and groups of up to 200 accounts; safeguard client information by setting permissions for the functions, account information and data each employee can access; sort, resize and export data tables to customize views and schedule automatic downloads and view historic balances and positions.
The company has added that ‘What’s New’ section was created for advisors and includes a set of online training resources including tutorials, quick reference guides, FAQs, and a new help section; both live and recorded webcast tours. In addition, advisors can have access to their service team and technical support specialists.
Reportedly, the launch of Schwab Advisor Center includes: secure email functionality between select advisors and Schwab’s service representatives; operations consultants who will share best practices with advisors’ back-office staff to improve their productivity and efficiency; and the debut of a new program offering classes to help advisor back-office professionals become proficient at managing custody, account servicing and operations processing.