Schwab to Add TDA’s Mannequin Market Middle to Advisor Platform

Schwab Advisor Companies is including Mannequin Market Middle, the mannequin portfolio market developed by TD Ameritrade, to Schwab Advisor Middle, the agency introduced Tuesday in the beginning of its three-day Influence convention in Philadelphia.

The middle lets advisors entry 526 mannequin portfolios from 52 cash managers. Schwab calls it the trade’s first mannequin portfolio market.

“We’re thrilled to announce the rollout of Mannequin Market Middle on the Schwab custody platform — a key pillar of our promise to carry collectively the very best of Schwab Advisor Companies and TD Ameritrade within the new Schwab Advisor Middle,” in response to Jalina Kerr, managing director of shopper expertise for Schwab Advisor Companies.

Mannequin Market Middle is accessible to advisors by means of iRebal, Schwab’s customizable rebalancing software, accessible on Schwab Advisor Middle. Schwab advisors who beforehand custodied with TDA have already got entry to Mannequin Market Middle and iRebal, whereas different Schwab advisors will obtain entry to each instruments within the coming months, the agency mentioned.

Orion Replace

Orion Advisor Options mentioned Tuesday that the agency is updating its Schwab Advisor Companies custodial integration — giving advisors who use the Orion and Redtail portals entry to real-time knowledge and a brand new advisor buying and selling expertise, which incorporates improved buying and selling workflows and automatic Schwab cash market fund investing.

“We’re thrilled to introduce advisors to Advisor Buying and selling, an easy-to-learn, easy-to-use buying and selling expertise,” in response to Brian McLaughlin, president of Orion Advisor Tech. 

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