Schwab Plans Proprietary Long-Short Product, Touts AI Advances
By Dinah Wisenberg BrinThe firm seeks "sustainable ways" to meet demand for tax-aware strategies, CEO Rick Wurster says.
October 05, 2026
How Scammers Use AI to Trick Advisors and ClientsAI makes it far easier to craft believable phishing emails and malicious sites, says Cayla Culver of Schwab Advisor Services.
September 30, 2026
Schwab Unveils 'Charley' AI Assistant for Retail ClientsCharley will roll out in phases starting in October.
September 28, 2026
Schwab, thinkorswim App Issues Prompt Thousands of ComplaintsUsers reported login problems and a mobile app outage.
September 25, 2026
HNW Cash Service for RIAs Added to Schwab MarketplaceSave's Market Savings Program is designed for family offices and wealthy investors who prefer large cash balances.
September 15, 2026
Schwab Wealth Advisory Raising Fees on $5M to $25M AccountsThe RIA also will charge a product fee for third-party SMAs.
September 15, 2026
Anthropic Releases Claude for Financial AdvisorsThe new suite, unveiled at the Future Proof Festival, connects to BlackRock, Schwab, Vanguard and others.
September 11, 2026
Schwab Must Pay $1.3M After Scam Snags Elderly ClientFunds were wired from an 82-year-old customer's trust account to a crypto firm, his sons' lawyer says.