Articles tagged "The Charles Schwab Corp."
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Schwab undercuts Vanguard (and BlackRock) again by slashing ETF fees up to 50% -- math that works when keeping RIAs is a priority
The $10 trillion discount broker cut its international ETF fee by 50%, a fee that is now 25% lower than that of the equivalent Vanguard ETF
June 10, 2025 at 11:18 PM
Envestnet drops plan -- for now -- to enter RIA custody, opting for 'deepened integrations' with Fidelity, Schwab, and Pershing in first major reveal since Bain Capital buyout
New CEO Chris Todd promises technology, solutions, insights and partnership with custodians, also including Goldman Sachs, Altruist and Axos
May 28, 2025 at 4:28 AM
Schwab's 'superhighway' project could supercharge RIA business, yet fees elicit sticker shock and its leap to RIA 'support' channel may test critical alliances
Schwab's 'ProDirect' is aimed at winning sub-$300-million stockbrokers, possibly from IBDs, but a whole world of symbiotic networks may feel the heat of competition from their RIA custodian
May 22, 2025 at 3:38 AM
Fidelity piloted 'free-money' 401(k) matches for eight years before going live last year; now Schwab is 'bolting-on' a third-party gizmo and imitating its rival with the launch of its own program
Big 401(k) recordkeepers are racing to avail plan participants of billions in cash employers are eager to funnel to them under new scheme unlocked by the SECURE Act 2.0
May 20, 2025 at 4:45 AM
Advyzon founder and CEO confirms receiving 'unsolicted' interest from M&A suitors and capital providers, and Charles Schwab Corp has emerged as potential suitor, driven by its RIA side, a source says
Hailin Li issued a detailed response to an RIABiz query acknowledging his company causes merger hearts to flutter, but he stands pat: 'not for sale'
May 17, 2025 at 1:46 AM
Schwab's Rick Wurster is green with praise • SmartAsset called out for 'profanity' over Ass mascot • Morningstar Office closure will cost millions
Robinhood's betting business is growing fast with $20 million of annual revenue already • Zoe nets $30 million in Series B raise• Roll-up buys RIA for YouTube chops • CFP Board hikes fees • Two senators could create new $5.3 trillion retirement prize.
May 6, 2025 at 12:42 AM
Goldman Sachs signals Charles Schwab Corp. is out of the woods with huge rating upgrade based on less debt, more cash and 'durable' organic growth
Analyst Alex Blostein pushed the target to $100 after the balance sheet looks healthiest since bank crisis, and TD Ameritrade customers are buying more Schwab products
April 26, 2025 at 4:55 AM
Rick Wurster puts hard(er) date on Schwab spot bitcoin launch, after key hire and 400% surge in visits to its 'crypto site,' but isn't pulling down crypto red flags quite yet
The Schwab CEO expects house 'spot' trading by mid-April 2026, though Schwab's site starkly warns crypto has no 'inherent value.'
April 19, 2025 at 3:39 AM
Chuck Schwab stands at Trump's side (literally) and wins President's praise for supporting policies amid tariff fallout, while Schwab's chief investment strategist raises red flags
Schwab co-chair intersects with Trump on policy, business [and golf,] while the company's chief investment officer Liz Ann Sonders has little good to say about government policies right now
April 12, 2025 at 12:55 AM
Walt Bettinger joining CD&R just four months after Schwab retirement could signal a big private-equity play brewing
The ex-Schwab CEO's appointment at Focus Partners' take-private owner, suggests the private equity player is positioning for a major move.
April 2, 2025 at 2:16 AM
Fresh off layoffs, Altruist nabs Coinbase CTO and is hiring like crazy, driven and guided by fresh Robinhood-TradePMR threat, ex-Altruist staffer says
The Culver City, Calif., RIA custodian got Sumanth Sukumar, also formerly of Uber and Facebook, with an eye on supplanting Schwab in its former HQ city.
March 13, 2025 at 3:05 AM
Charles Schwab Corp. names 'head of digital assets' with no cryptocurrency chops but entrusted by inner circle to make big, critical decisions, fast
Joseph Vietri needs to in-source critical 'human capital,' then determine whether to private-label 'Coinbase' or 'go big' with in-house custody, and other picks and shovels of direct bitcoin ownership and performance reporting.
February 20, 2025 at 2:37 AM
TD Bank is selling $15 billion of Schwab shares high, buying its own TD shares low, but killing the old (TD) Waterhouse goose that laid gold eggs
Toronto-Dominion bought Waterhouse Securities for about $525 million in 1996 and will cash out of a rolled-over position worth $15 billion at a near three-year Schwab high of $82 -- then buy its own struggling shares at about $60.
February 11, 2025 at 2:41 AM
Briefs: Focus Financial gets second happy Hollywood ending in LA lawsuit • Orion closes deal in record 14 days • iCapital buys ID shop • VC milestones & raises • People moves at Apex, Dynasty & Wealthfront
A Hollywood RIA took on Focus and Goldman, and lost • Reed Colley is already in the house • The SEC dings Robinhood, Schwab and Vanguard Group, and FINRA dings Fidelity • Vanguard & Schwab launch ETFs • BlackRock plots mixing alts & annuities in a TDF • Dynasty adds golf exec in HR hire • iCapital buys 'AI' KYC shop • Larry Shumbres start-up off to the races • Wealthfront's media guru departs.
