Charles Schwab

Advisor Upside

ChatGPT Can Now Give Advice By Linking to Clients’ Bank Accounts. Can They Trust It?

Photo via Ahmed Fesal Bayaa/ZUMAPRESS/Newscom

OpenAI unveiled a new suite of personal finance tools last week, but how helpful they will be is still up for debate.

2 min read

Photo via Altruist

Advisor Upside

Digital Custodian Altruist Takes On Schwab, Fidelity With New RIA Model

The affiliate model itself is nothing new, but it’s novel for a custodian.

2 min read
Advisor Upside

Forget Allowances, Most Teens Want to Know How to Invest

It’s a prime opportunity for advisors who are looking to court the next generation of clients, according to a recent Schwab survey.

2 min read
Photo via Jimin Kim/ZUMAPRESS/Newscom

Finance

Charles Schwab Chases Gen Z Crowd into Crypto

Gen Z started investing earlier than other generations and is more likely to pour money into alternative assets, particularly crypto.

2 min read

Advisor Upside

Robinhood, TradePMR Join Growing Referral Space

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They’re just the latest firms to join the referral space, an area of wealth management that is ramping up.

1 min read

Photo via Altruist

Advisor Upside

Altruist CEO Jason Wenk Talks AI After ‘Unusual’ Wall Street Selloff

The firm’s new artificial intelligence-powered tax agent writes unique code for each individual client.

5 min read
Photo illustration by Connor Lin / The Daily Upside

Economics

The Taxman Still Cometh, But May Take Away Less

Thanks to a sweeping bill enacted by Congress last year, many American taxpayers may owe less to the IRS this April than we feared.

4 min read
Photo by Getty Images via Unsplash

Advisor Upside

After Selloff, Wall Street Execs Double Down on AI

Industry stalwarts are rolling with the punches and continuing to embrace the future tech.

2 min read

Advisor Upside

RIAs Will Need Twice As Many New Staffers to Match Growth, Schwab Says

Photo via Yichuan Cao/Sipa USA/Newscom

Mentorship programs and compensation packages are the best ways to retain new recruits, per Schwab’s latest report.

2 min read

Advisor Upside

Why Schwab Raised Asset Minimums on ‘Fly Paper’ Referral Program

Photo by Sundry Photography via iStock

The brokerage doubled the minimum AUM requirement in its Schwab Advisor Network to $500 million recently.

1 min read

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