Offering investment management services is critical to helping your clients with their complete financial picture, but options for start-up RIA’s are limited. Leverage our relationships with Charles Schwab & Co., Inc and Orion to offer your clients best-in-class technology typically only available to large advisors!
Get access to Schwab as your custodian — regardless of AUM — with no platform fees
What This Benefit Provides You
XY Planning Network gives financial advisors access to Schwab’s custodial platform, and members don’t need to worry about hitting a minimum target AUM. Use Schwab as your custodian, get a dedicated 1-800-number and support team, and access all the tools and name recognition Schwab provides.
Your support team includes specialists to help you via one-on-one practice management consultations. You can also speak with specialists to consult with you on the best way to transition to a fee-only RIA if you need to make the switch.
Take advantage of additional technology that Schwab offers to members on the platform, including free access to Docusign, Schwab Advisor Center, Schwab Alliance, and data security. You can improve your clients’ investing experience thanks to integrated reporting. Send and view statements, trade confirmations, and tax documents as frequently as needed and access them online anytime.
Orion Advisor Services is a powerful portfolio accounting platform that does way more than meets the eye. Our partnership with Orion allows XYPN members to get access to a cutting-edge back-office platform that will improve your client experience while saving time and boosting productivity.
Within Orion, you can create custom reports, give your clients access to their private portal, view business intelligence metrics to take a pulse of your business, process accurate billing files for your custodian, and so much more.
Get the Details
- XYPN members receive access to Schwab’s custodial platform. Minimum targets for AUM are waived, and there are no platform fees.
- Help gain the trust of your clients with the established Schwab brand as custodian.
- Enjoy the ability to design custom portfolios.
- Add to your integrated tech stack with Docusign, Schwab Advisor Center, Schwab Alliance, and Data Security, which are all included.
- Get more opportunities to earn CE through Schwab’s Events and Education Center.
- Tap Schwab’s Talent Resource Center to find qualified talent for your growing firm.
- XYPN members gain access to Orion’s powerful portfolio accounting platform.
- Pricing for Orion through XYPN starts at $5,500 annually (retail from Orion is $12,000 per year), and the ByAllAccounts integration is $500 per quarter.
- Access a client portal for all managed assets and held away assets if you sign up ByAllAccounts integration.
These materials have been independently produced by XY Planning Network. XY Planning Network is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates (“Schwab”). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. XY Planning Network members provide investment advice, while Schwab maintains custody of assets in a brokerage account and will effect transactions for your clients’ account on your instruction.