Investors trust independent
advisors with over $4 trillion
of their money.

That’s some serious trust.

What is an independent financial advisor?

Independent Registered Investment Advisors (RIAs) are professional independent advisory firms that provide personalized financial advice to their clients, many of whom have complex financial needs. Because these advisors are independent, they are not tied to any particular family of funds or investment products. As fiduciaries, they are held to the highest standard of care – and are required to act in the best interests of their clients at all times. They are registered with either the Securities and Exchange Commission or state securities regulators1.

Why does Charles Schwab support independent advisors?
Charles Schwab has provided custodial services to independent financial advisors for over 25 years. We are proud to support over 7,000 of these firms and the important work they do for their clients.

Why does it matter if your advisor is independent?

Many independent advisory firms are owned by the individual advisors who run them, so they forge deep, personal relationships and have a strong sense of accountability to their clients.

Benefits:

  1. Customized guidance based on your entire financial picture.
  2. A relationship that’s responsive, attentive, and personal.
  3. A fee structure that is simple and transparent.
  4. A high level of expertise to support your complex financial needs.
  5. Your money is held by an independent custodian, not the advisor firm.
Discover 5 key benefits of independence

Choosing the right advisor.

Whether triggered by a life event or evolving goals, many people reach a point where they need more from their financial advisor. You may be asking yourself one of these questions:

  • Does the financial guidance I’m currently receiving truly reflect my goals?
  • Could I be getting more personalized attention from my advisor?
  • Is there a better way?

It can be a challenge to find an advisor that’s right for you. But there are tangible clues that can help you evaluate how responsive and accountable an advisor may be.

Questions to ask yourself and your advisor
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Find a local
independent advisor.

Once you have finished identifying your investment goals and preferences, and are ready to interview advisors, search for independent advisors in your area by using our directory and entering a five-digit ZIP Code.

Find a local independent advisor