Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
In Practice October 22, 2025
IAA, Schwab Enter ‘Strategic Relationship’
The trade association and custodian announced they will collaborate on industry advocacy and resources for registered investment advisers.
Reported by Edward Rueda
The Investment Adviser Association and Charles Schwab Advisor Services announced on Wednesday a strategic relationship. The trade association and custodian for registered investment advisers plan to “strengthen industry advocacy and deliver impactful education and resources,” according to the announcement.
IAA member firms collectively manage more than $35 trillion in assets on behalf of individual and institutional investors, including pension plans, trusts, mutual funds, private funds, endowments, foundations and corporations.
Charles Schwab Advisor Services offers RIAs a suite of technology platforms, practice management tools and operational support.
“The RIA space is growing fast—and with that growth comes incredible opportunity, along with more involvement from regulators. Advocacy in Washington is important,” said Jon Beatty, head of Schwab Advisor Services. “Our relationship with the IAA spans [more than a decade], and this new commitment [gives] RIAs the advocacy, support, and representation they need to continue growing their firms.”
In June, the IAA supported the delay of the effective date of the U.S. Department of the Treasury’s anti-money laundering rule for RIAs from January 1, 2026, to January 1, 2028.