Schwab Advisor Services Announces Key Enhancements to iRebal®
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
“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
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
- 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
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.
More information is available at www.aboutschwab.com. Follow us
on Twitter, Facebook, YouTube and LinkedIn.
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
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,
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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Lexy Siegel The Neibart Group 201.448.5835
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