Executives provided advisors an update. The company has separately said it cut more than 200 retail branches at the end of last month.

Funding for wealthtech is also picking up, with firms attracting $1.5 billion across 62 deals in the third quarter.

From the fate of Veo One to account openings, here’s what Schwab’s leaders had to say.

CEO Dan Arnold cites growth in traditional channels and in recently launched models that could bring even more opportunities.

The nation’s largest IBD made its first tech deal this year for a firm that has $120 billion in assets on its platform.

The company said no additional layoffs would take place this year, but it left the door open to future staffing changes at the newly combined enterprise.

If approved for an IPO, the blank check company will face stiff competition among the growing ranks of RIA acquirers.

The move represents the third largest out of the IBD channel in 2020, according to company recruiting announcements tracked by Financial Planning.

New ownership of the popular platform could open the door for new tech leadership, but don’t count Schwab out yet.

Genstar Capital Managing Partner Tony Salewski spoke openly with advisors about the firm’s investment strategy for the IBD network.