SCHWAB WEALTH ADVISORY, INC.
Adviser information for SCHWAB WEALTH ADVISORY, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 941 |
|---|---|
| Investment Advisory/Research | 898 |
| Registered Broker-Dealer Representatives | 926 |
| Registered State Investment Advisers | 916 |
| Licensed Agents of an Insurance Company | 248 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | No |
|---|
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 141801 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 53000 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | SWA PROGRAM PAID BY WRAP SPONSOR PURSUANT TO COST PLAN FORMULA. |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| SCHWAB WEALTH ADVISORY | CHARLES SCHWAB & CO., INC. |
Identifiers
| SEC RIA File Number | 801-72795 |
|---|---|
| SEC ERA File Number | 801-72795 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 159035 |
| Legal Entity Identifier | None |
Principal Office
211 MAIN STREETSAN FRANCISCO
CA
United States
Monday - Friday, 8:00 A.M. - 5:00 P.M.
Tel: 415-667-7000, Fax: None
Chief Compliance Officer
KRISTEN C WALDRON
MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER
11800 SCHWAB WAY
AUSTIN
TX
United States
Tel:
512-682-5722
K*********@*********M
(Full email address available in API data)
Regulatory Contact
SASHA FOROSTENKO
MANAGING DIRECTOR
1133 AVENUE OF THE AMERICAS
NEW YORK
NY
United States
Tel:
212-403-9212
R***********@*********M
(Full email address available in API data)
Industry Affiliates
| CHARLES SCHWAB & CO., INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersInsurance company or agency |
| CHARLES SCHWAB BANK, SSB | Banking or thrift institution |
| CHARLES SCHWAB FUTURES AND FOREX LLC | Futures commission merchant |
| CHARLES SCHWAB INVESTMENT MANAGEMENT, INC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| CHARLES SCHWAB PREMIER BANK, SSB | Banking or thrift institution |
| CHARLES SCHWAB TRUST BANK | Commodity pool operator or commodity trading advisorBanking or thrift institution |
| CHARLES SCHWAB TRUST COMPANY | Trust company |
| CHARLES SCHWAB TRUST COMPANY OF DELAWARE | Trust company |
| CHARLES SCHWAB, HONG KONG, LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| CHARLES SCHWAB, U.K., LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| TD AMERITRADE CLEARING, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| TD AMERITRADE, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SCHWAB HOLDINGS, INC. | Domestic Entity | – | 100% OWNER | 08/2011 | > 75% |
| THE CHARLES SCHWAB CORPORATION | Domestic Entity | SCHWAB HOLDINGS, INC. | SHAREHOLDER | 03/1987 | > 75% |
| OLSON, BRYAN, LARRY | Individual | – | PRESIDENT | 11/2020 | < 5% |
| WALDRON, KRISTEN, CLEO | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2023 | < 5% |
| HALL, STEVEN, JAMES | Individual | – | CHIEF FINANCIAL OFFICER | 10/2023 | < 5% |