Schwab IMPACT

YCharts and Schwab have been working together for years, but now advisors who custody with Schwab will have a single sign-on.

At Schwab IMPACT, United Capital CEO Joe Duran’s message of changing up the client conversation resonated with many.

The SEC is considering a few extra regulations on RIAs, which would make it harder for independents to do business, advocates argue.

Speaking at the custodian’s annual IMPACT conference, advisors had tough questions for Schwab’s CEO on competing with RIAs, its service challenges and the race to zero on trading commissions.

So far, there has been little uptake among advisors or clients for ESG funds. That’s an opportunity, says Nuveen’s Marcus Velasco.

There’s plenty of opportunity, argued a panel of acquiring RIAs at Schwab IMPACT. But unrealistic expectations on the part of buyers and sellers mean there is far more “frog kissing” than actual matches.