custodian

Schwab

In PWD coverage since October 2, 2026 · 16+ stories

4Deals on our tracker

Deal recordFull tracker →

Oct 5, 26Deal announcedAlto · Forge Trust Co. · $20B — coverage

Oct 5, 26Deal announcedAlto · Forge Trust Co. · Forge Services Inc. · $20B — coverage

Sep 8, 26Fund launchMerrill Lynch · Candidly · Bank of America · Empower · Vanguard Group — coverage

May 13, 26Deal announcedSchwab Wealth Advisory

PWD coverage

practice

Altruist prices Hazel planning agent at $3,600 per advisor annually

The custodian is selling the planning tool to advisors regardless of where they custody, and RIABiz reports buyers may need to supply PDFs if rival planning vendors refuse API access.

practice · Oct 6Pontera floats itself as AI's trust layer for 401(k) access

move · Oct 6Rise Private Wealth Management is Schwab's fourth large Ameriprise breakaway of 2026

practice · Oct 6Mariner CEO Marty Bicknell budgets $175M for 700 AI bots over five years

investments · Oct 6Alto to buy Forge Trust from Schwab, combining over $20 billion in retirement assets

M&A · Oct 6Alto to buy Forge Trust from Schwab, pooling $20 billion in retirement assets

RIA · Oct 6Betterment, Axos and Schwab court Fidelity clients hit by $100 million minimum

RIA · Oct 6Altruist adds donor-advised funds to its platform at 50 basis points

move · Oct 5Schwab offers an informal welcome to Fidelity's sub-$100 million custody clients

practice · Oct 5Compound Planning runs $5 billion on software its own engineers write

practice · Oct 5Ascensus launches a participant-referral workflow for plan advisers

The Close · Oct 3Claude for Financial Advisors draws a fiduciary objection over portfolio math

Features · Oct 3CG Financial hires TradePMR and Axos executives as platform fight intensifies

The Close · Oct 2SEC proposes letting RIAs self-custody crypto when no permitted custodian is available

The Close · Oct 2Financial Advisor Magazine's chatbot test finds plans close to human advisors for mass-affluent clients

move · Oct 2Fidelity gives custody clients under $100 million until June 2027 to move

Schwab

Altruist prices Hazel planning agent at $3,600 per advisor annually

The Family Office Daily Briefing