Schwab Outlines New OpenView Integrations

Schwab Intelligent Technologies signed agreements with Orion Advisor Services and Redtail Technology to establish additional technology integrations benefiting registered investment advisers.

Orion Advisor Services specializes in portfolio accounting solutions, while Redtail Technology deems itself a leader in the financial services client relationship management (CRM) space. The integrations with Schwab’s open-architecture technology platform, Schwab OpenView Gateway, will enable registered investment advisers (RIAs) to directly link Charles Schwab custody systems and those of the participating technology providers.

Schwab notes that over 1,400 RIA firms already leverage the Schwab OpenView Gateway, and the latest integration is expected to boost that number. Schwab OpenView Gateway now includes participation from technology providers that support independent adviser firms in the areas of CRM systems, portfolio management, and automated trading and rebalancing.

“As advisers continue to optimize technology, some have identified Orion and Redtail as attractive platforms for their firms, so we are pleased to welcome both of these firms to Schwab OpenView Gateway,” says Neesha Hathi, senior vice president, Schwab Advisor Services.

Specifically, the integration of Orion Advisor Services technology offers advisers a range of portfolio accounting solutions directly in Schwab OpenView Gateway, leading to real-time, intraday updates on Schwab accounts and more seamless trade integration.

As a Web-based CRM solution, Redtail Technology’s integration with Schwab’s custody platform will enable real-time custodial data and transactions directly into the Redtail CRM, resulting in advisers having quick access to account information and services to empower more efficient client service.

Several existing providers to Schwab OpenView Gateway have made other recent enhancements to their integrations, according to Schwab. Among the updates:  

  • PIEtech’s MoneyGuidePro and Advicent’s NaviPlan have added integration to Schwab PortfolioCenter Hosted; and Advicent’s Profiles has added integration to Schwab’s custody data.
  • Integration with Junxure Cloud is now available, providing real-time access to Schwab custody data and alerts to advisers using or transitioning to Junxure’s new cloud-based CRM solution.
  • Representing a new integration capability, streamlined trading integration is now available for advisers using the Advisor Rebalancing application from Envestnet | Tamarac.
  • Additional integration with Morningstar Office will be in pilot soon, Schwab says.

More information about Schwab Intelligent Integration, including the providers that participate in Schwab OpenView Gateway, is available at