New user interface and updated functionality delivers streamlined experience and faster access to key information driving greater portfolio management efficiencies

Schwab Advisor Services announced today a range of functional enhancements and a redesigned user interface for iRebal®, TD Ameritrade Institutional’s tax-aware, customizable portfolio rebalancing and management solution. Schwab first announced last year that iRebal would be retained as part of the combined Schwab Advisor Services / TD Ameritrade Institutional advisor custody platform. Since then, Schwab has invested in iRebal’s modernization and development, a process that has actively incorporated feedback from independent advisors and reflects Schwab’s overall efforts to continue to integrate technology from both firms and deliver an industry-leading experience.

“At a time when independent advisory firms are growing rapidly, and as we are working carefully to bring together our two leading custody platforms, we saw an important opportunity to innovate and deliver a new version of iRebal that is more modern, user-friendly and scalable,” said Jon Patullo, managing director, Digital Advisor Solutions. “Our goal is to create more efficiencies and make sure that advisors have the information they need at their fingertips, and we are confident the enhancements we have made are intuitive and easy-to-use and can add immediate benefits to advisor’s day-to-day operations.”

iRebal reduces the legwork in complex investment management and rebalancing processes and offers advisors more effective portfolio management designed for tax-efficient rebalancing, dynamic cash management, and tax-loss harvesting, among other capabilities. Among the current enhancements:

• Dashboard view: Reflecting a leading piece of feedback from advisors, iRebal now has a new widget-based homepage dashboard view that gives advisors faster access to the information and the ability to toggle deeper if required. The dashboard summarizes portfolio information and proactively surfaces items for attention, allowing advisors to see their most valuable data at sign-on, and letting them take immediate actions as needed.
• New grid interface: Aimed at giving advisors greater flexibility with data, the new grid interface has enhanced filtering capabilities and the ability to easily copy and paste data directly to other programs. The interface has been designed to maximize large/wide screen monitors so that it reduces the need to scroll.
• Improved navigation, editing and reporting: The introduction of new side sheets means advisors can now make edits within pages without losing their place. They also now have access to new reporting features, including new cash and allocation reports that allow for quick review of accounts. These reports show the status of portfolios and advisors can quickly trigger a workflow with a reduced number of clicks.
• Model Market Center™ widget: Included in the homepage dashboard is a new Model Market Center widget which alerts advisors to changes in any portfolio models and allows them to drill down and act to rebalance client accounts as needed.

The updates to the iRebal platform are available immediately to all advisors who currently custody with TD Ameritrade Institutional, both existing users who have already begun to transition to the new interface, and to those who are interested in starting to leverage the iRebal in their firms. Monthly educational webcasts are available for advisors who are interested in learning more.

Schwab is currently planning to extend access to iRebal to interested Schwab Advisor Services clients in early 2023.

“Choosing iRebal for rebalancing and trading needs can help an advisor increase the efficiency of their investment operations and bring more consistency to their client service,” said Justin DiFilippo, director, Digital Advisor Solutions. “With this evolution of the platform, we’re enabling advisors to do this on a bigger and better scale, at no additional charge. We’re excited for advisors on both platforms to ultimately be able to experience the benefits of this powerful technology.”

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

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Disclosures

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.

TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.

Model Market Center is an offering of TD Ameritrade, Inc. Registered Investment Advisor (RIA) that leverages iRebal® on Veo One® technology to provide independent RIAs access to model portfolios provided by affiliated and unaffiliated third-party asset managers.

iRebal on Veo is a technology offering of TD Ameritrade Institutional and is powered by iRebal. iRebal products and services property of ThinkTech,Inc., an affiliate of TD Ameritrade, Inc.

Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support of Schwab.

Independent investment advisors are not owned by, affiliated with, or supervised by Schwab. For informational purposes only.

©2021 Charles Schwab & Co., Inc. (“Schwab”) All rights reserved. Member SIPC.

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