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The Daily Read on Semi-Liquid Funds
Sunday, August 23, 2026The Morning Brief →Sign in
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Tim Welsh

In PWD coverage since August 19, 2026 · 5 stories
PWD coverage
practice

Schwab's branch push turns custodian into competitor

Four quiet pilot branches 'caught fire,' and now Schwab plans 30 Schwab Wealth Advisory offices by 2027—on the same street corners as the 16,000 RIAs whose $5.2 trillion it holds in custody.
portfolio · Aug 21Schwab's crypto line forces advisors to pick a side
practice · Aug 20Schwab's $5 million referral floor reshapes RIA client growth
practice · Aug 19Schwab ends sub-$5-million RIA referrals starting in 2027
RIA · Aug 19Schwab ends sub-$5 million referrals to RIAs in 2027
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