What Does Schwab Advisor Services Do?

Total employees291
HeadquartersWestlake
FoundedN/A

Schwab Advisor Services, a division of Charles Schwab & Co., Inc., is a leading provider of custodial, operational, and trading support for independent Registered Investment Advisors (RIAs). They offer a comprehensive platform with advanced technology, extensive research, and practice management solutions designed to help RIAs build, grow, and manage their businesses efficiently and serve their clients effectively. With a long-standing commitment to the independent advisory model, Schwab Advisor Services supports thousands of advisory firms across the United States, championing their needs and fostering their success.

Where Is Schwab Advisor Services's Headquarters?

Schwab Advisor Services officeSchwab Advisor Services officeSchwab Advisor Services officeSchwab Advisor Services office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for corporate strategy, executive leadership, technology development, operations, and overall business management for The Charles Schwab Corporation, including Schwab Advisor Services.

Notable Features:

The Westlake campus is a modern, expansive facility spanning over 70 acres, featuring multiple buildings with state-of-the-art technology, extensive employee amenities, and environmentally conscious design. It's built to foster collaboration and innovation.

Work Culture:

Charles Schwab fosters a client-first culture emphasizing service, innovation, integrity, and teamwork. The Westlake campus supports this with open office spaces, collaborative zones, and amenities aimed at enhancing employee well-being and productivity.

HQ Significance:

The relocation to Westlake from San Francisco in 2021 signified a major strategic move, positioning the company in a business-friendly state with a large talent pool and a central U.S. location to better serve clients nationwide.

Values Reflected in HQ: The campus design reflects Schwab's commitment to its clients, employees, and innovation. It emphasizes collaboration, transparency, sustainability, and a forward-looking approach to financial services.

Location:

Schwab Advisor Services primarily serves U.S.-based Registered Investment Advisors (RIAs). However, The Charles Schwab Corporation has an international presence, serving clients in the UK and other countries through entities like Charles Schwab, U.K., Limited. While the core infrastructure for Advisor Services is U.S.-based, they support RIAs who may have international clients, subject to regulatory compliance. Global functions at the corporate level include international brokerage, global research, and services for U.S. expatriates and foreign nationals investing in U.S. markets.

Street Address:

3000 Schwab Way

City:

Westlake

State/Province:

Texas

Country:

USA

Where Else Does Schwab Advisor Services Operate Around the World?

San Francisco, California, USA

Address: 211 Main Street, San Francisco, CA 94105, USA

Serves as a key center for West Coast operations, innovation initiatives, technology development, and client-facing support roles.

Phoenix, Arizona, USA

Address: 2423 E Lincoln Dr, Phoenix, AZ 85016, USA (one of several Phoenix locations)

Provides robust operational support and client service capabilities for advisors nationwide, benefiting from the region's infrastructure and talent.

Orlando, Florida, USA

Address: 1958 Summit Park Dr, Orlando, FL 32810, USA

Strengthens Schwab's service capabilities in the Southeast, offering localized expertise and operational support for advisory firms in the region.

Chicago, Illinois, USA

Address: 150 S Wacker Dr, Chicago, IL 60606, USA

Supports Schwab's extensive network of advisors in the Midwest, providing regional expertise and access to Schwab's comprehensive services.

Buying Intent Signals for Schwab Advisor Services

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Schwab Advisor Services? Meet the Executive Team

As of April 2025, Schwab Advisor Services' leadership includes:

Walter W. Bettinger II - Co-Chairman and Chief Executive Officer, The Charles Schwab Corporation
Rick Wurster - President, The Charles Schwab Corporation
Jon Beatty - Managing Director and Chief Operating Officer, Schwab Advisor Services
Jalina Kerr - Managing Director, Head of Client Experience, Schwab Advisor Services
Tom Ricketts - Managing Director, Head of Digital Advisor Solutions, Schwab Advisor Services

Who's Investing in Schwab Advisor Services?

Schwab Advisor Services has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Toronto-Dominion Bank
Geode Capital Management, LLC
FMR LLC (Fidelity)

What Leadership Changes Has Schwab Advisor Services Seen Recently?

Hire0
Exits1

The primary executive change impacting Schwab Advisor Services in the last 12-18 months was the retirement of Bernie Clark, the long-time head of the division. The existing leadership team, including Jon Beatty as COO, has seamlessly continued leading the business unit. The broader Charles Schwab executive team has remained stable.

Departures

Bernie Clark, Bernie Clark retired from his role as Head of Schwab Advisor Services, marking the end of an era for the division.

What Technology (Tech Stack) Is Used bySchwab Advisor Services?

Discover the tools Schwab Advisor Services uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Schwab Advisor Services Email Formats and Examples

Charles Schwab Corporation, the parent company of Schwab Advisor Services, generally utilizes a consistent email format for its employees. The most prevalent structure is firstname.lastname@schwab.com. While minor variations or aliases might exist for specific roles or legacy systems, this is the primary pattern.

first.last@schwab.com

Format

john.doe@schwab.com

Example

90%

Success rate

What's the Latest News About Schwab Advisor Services?

businesswire.com • May 14, 2024

Schwab Advisor Services 2024 RIA Benchmarking Study Finds Firms Continue to Prioritize Organic Growth and Talent

The 18th annual RIA Benchmarking Study from Schwab Advisor Services highlights that RIAs are focusing on organic growth, client acquisition, and talent development. Top-performing firms distinguish themselves through strategic planning and effective technology adoption to navigate current economic conditions....more

PR Newswire • February 27, 2024

Schwab Enhances Digital Account Open Tool for Advisors, Making it Faster and Easier to Onboard New Clients

Schwab Advisor Services announced significant improvements to its digital account opening tool, aiming to streamline the client onboarding process for RIAs. These enhancements are designed to reduce manual tasks and improve overall efficiency for advisory firms....more

InvestmentNews • May 29, 2024

Schwab completes final TD Ameritrade client transition

Charles Schwab finalized the last major client transition group from TD Ameritrade over Memorial Day weekend 2024, a critical milestone in the multi-year integration. This significantly impacts Schwab Advisor Services as former TD Ameritrade Institutional clients are now fully integrated onto the Schwab platform....more

Financial Advisor Magazine (fa-mag.com) • June 3, 2024

Schwab Study Shows AI Use Growing Among RIAs

A recent study by Schwab Advisor Services indicates a growing adoption of Artificial Intelligence (AI) among Registered Investment Advisors. The study suggests RIAs are increasingly exploring AI tools for tasks like process automation, data analysis, and enhancing client communication, though strategic implementation remains key....more

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