Schwab Performance Technologies Announces New Product Releases for Independent Investment Advisors

Schwab Performance Technologies Announces New Product Releases for Independent Investment Advisors

Document management capabilities from NetDocuments added to Integrated Office

RALEIGH, N.C.--(BUSINESS WIRE)-- Schwab Performance Technologies (SPT), a subsidiary of The Charles Schwab Corporation and a leading provider of technology solutions to more than 3800 independent advisory firms, announced today enhancements to both Schwab OpenView Integrated Office™ (Integrated Office) and PortfolioCenter®. One of the additions to Integrated Office is document management through SPT's new agreement with NetDocuments, a leading provider of cloud-based email and document management. Document management provides advisors with a centralized, searchable hub in which to store important client documents and communications. Integrated Office includes Salesforce CRM customized for advisors, outsourced portfolio data management and performance reporting, and real-time Charles Schwab & Co., Inc. (Schwab) custody data.

"Document management is a core component of our vision for Integrated Office as an out-of-the-box solution that makes it easier for advisors to manage and outsource the technologies required to run their businesses," said Brian Shenson, vice president of advisor technology solutions for Schwab Advisor Services. "Many advisors today are looking to run a paperless office and integrating document management within the CRM is key to achieving that goal."

"We selected NetDocuments as the provider of document management because it fits well with our approach for Integrated Office: the product is accessible online, integrates well with Salesforce CRM, and has been designed with the needs of professional services firms in mind," added Shenson.

In addition to document management, the current release of Integrated Office simplifies the way advisors access documents—including SPT quarterly performance reports and Schwab custody statements—by including them within the CRM. The release also includes capabilities for advisors to manage and track email campaigns.

In the coming months, SPT is also planning to introduce a client portal for Integrated Office that will provide advisors' clients with secure access to their quarterly portfolio performance reports.

New features in PortfolioCenter 5.6 release; upcoming pilot for PortfolioCenter Hosted

The latest version of PortfolioCenter introduces a new securities data manager that allows advisors to quickly edit, sort, and filter numerous securities at once, saving many hours of administrative time.

"Advisors have data for hundreds of securities in their portfolio management system, all of which need to be reviewed and confirmed each quarter," said Shenson. "A securities data manager makes this process run much more efficiently."

SPT is also continuing to enhance PortfolioCenter's client presentations, including adding new formats and including billing statements as part of the presentation package.

"We'll be adding even more flexibility and customization options in coming releases," said Shenson.

Schwab Performance Technologies will also soon kick off the pilot phase for PortfolioCenter Hosted, the cloud-based version of PortfolioCenter.

This hosted version of PortfolioCenter will be priced for as low as $1200 per quarter and will have no transition costs for advisors who custody assets with Schwab Advisor Services. Advisors interested in being part of the pilot are encouraged to call 800-528-9595 or come by the Schwab Center at IMPACT 2012 for a demo.

The latest enhancements to PortfolioCenter and Integrated Office will also be available for advisors to see and learn more about in education session at IMPACT 2012.

About Schwab Performance Technologies

Founded in 1985, Schwab Performance Technologies® (SPT) is a subsidiary of The Charles Schwab Corporation and a leading provider of portfolio management and accounting solutions to approximately 3,800 independent financial advisors and investment managers. PortfolioCenter®, PortfolioServices, and Schwab OpenView Integrated Office™ are products of SPT. An open architecture firm, SPT provides services to all independent advisors regardless of custodial relationships. SPT also supports third-party outsourcing providers that use PortfolioCenter as the basis for their offering. More information is available at

About Charles Schwab

The Charles Schwab Corporation ("Charles Schwab") (NYS: SCHW) is a leading provider of financial services, with more than 300 offices and 8.7 million active brokerage accounts, 1.5 million corporate retirement plan participants, 844,000 banking accounts, and $1.89 trillion in client assets as of September 30, 2012. The company was ranked 'Highest in Investor Satisfaction with Self-Directed Services' in the 2012 US Self-Directed Investor Satisfaction StudySM from J.D. Power and Associates. Through its operating subsidiaries, the company 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. ("Schwab")(member SIPC,, 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 its Advisor Services division. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides trust and custody services, banking and lending services and products. More information is available at and (1012-7049)

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Schwab Advisor Services serves independent investment advisory firms and includes the custody, trading and support services of Charles Schwab & Co., Inc., a registered broker-dealer and member SIPC. Independent investment advisors are not owned by, affiliated with or supervised by Charles Schwab & Co., Inc.

Schwab Intelligent Integration ("SII") is an integrated technology strategy. Solutions leveraging SII are offered by Performance Technologies, Inc., ("PTI") a subsidiary of The Charles Schwab Corporation and an affiliate of Schwab or by participating providers in the Schwab OpenView Gateway program.

Schwab Intelligent Technologies (SIT), Schwab Performance Technologies (SPT) and CS&Co are separate companies affiliated as subsidiaries of The Charles Schwab Corporation, but their products and services are independent from each other. SIT and SPT's intelligent integration solutions integrate data about accounts custodied at CS&Co.

Third party firms and representatives are not affiliated with or an employee of the Charles Schwab Corporation. Their mention is not, and should not be construed as a recommendation, endorsement or sponsorship by the Charles Schwab Corporation. Experiences expressed are no guarantee of future performance or success and may not be representative of your experience.

Charles Schwab
Lindsay Tiles, 415-667-0479

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