custodian

Charles Schwab

In PWD coverage since September 23, 2026 · 16+ stories

5Deals on our tracker

Deal recordFull tracker →

Sep 23, 26Fund launchMarket Savings · Save — coverage

Sep 21, 26Deal announcedAnthropic · Dynasty Financial Partners · Vanguard Group — coverage

Sep 20, 26Deal announcedAnthropic · Schwab Advisor Services — coverage

Aug 16, 26Deal announcedZeplyn — coverage

Jul 20, 26Deal closedForge Global

PWD coverage

move

Small RIAs weigh joining a network to clear Fidelity's $100 million minimum

Advisory Services Network, which already clears Fidelity's bar, says firms have asked to join; an analyst warns the scale benefit depends on how an aggregator files.

practice · Oct 6Fidelity backs Savvy Wealth's RIA custody platform, expected in mid-2027

The Close · Oct 6Fidelity's $100 million custody minimum draws Betterment, Axos and Schwab

move · Oct 6Fidelity tells sub-$100M custody clients to move as Schwab stops short of a promise

practice · Oct 5Anthropic announces Claude for Financial Advisors; provider list remains unnamed

Filings · Oct 3Merrill Lynch agrees to pay $39 million to settle cash sweep class action

Moves · Oct 2SEC records show $8 billion Rise team moved custody from Ameriprise to Schwab

issuers · Oct 2ETF Trends names only two dedicated U.S. buyback ETFs after Nvidia's $150B plan

move · Oct 1Fidelity gives sub-$100 million RIAs until June 2027 to grow or move custody

Features · Sep 30BNY Pershing retires Wove, folds it into wealth unit as Fitch lists cash-rate winners

Moves · Sep 29Citi hires JPMorgan's trusts and estates head Adam Clark to lead wealth planning

practice · Sep 28Betterment Advisor Solutions sets custody platform fees at 0.20% under $10 million

Data · Sep 28Broadridge and LPL fill wealth-platform executive seats as three Schwab executives leave

portfolio · Sep 25Schwab opens its cash shelf to a yield-splitting product

The Close · Sep 23The cash spread is what the selloff repriced

RIA · Sep 23The AI sell-off reprices the cash spread, not the fee

Charles Schwab

Small RIAs weigh joining a network to clear Fidelity's $100 million minimum

The Family Office Daily Briefing