SCHW · News · 20261105N
RIA Custody Competition
SCHWAB CHARLES CORP · 2026-11-05 · Importance 23 · Surprise 24
Charles Schwab is emphasizing its commitment to Registered Investment Advisers (RIAs) by maintaining a policy of not charging custody fees. The report says Schwab is also integrating AI tools to streamline advisor workflows. These measures position the company to compete for RIA custody relationships, although the report provides no market-share, customer-win, or adoption data.