Schwab Advisor Services Announces Key Enhancements to iRebal®
Schwab Advisor Services has launched a redesigned user interface and functional enhancements for iRebal®, enhancing the portfolio management experience for independent advisors.
The new features include a dashboard view for quicker access to portfolio information, a grid interface for better data flexibility, improved navigation for editing and reporting, and a Model Market Center widget for alerts on portfolio changes. These updates aim to increase operational efficiency at no additional charge to users, with access currently available to TD Ameritrade Institutional advisors and planned for Schwab Advisor Services clients in early 2023.
- Redesigned user interface improves user experience and accessibility.
- New features include a dashboard view, grid interface, and enhanced reporting.
- Updates aim to boost efficiency without additional costs for users.
- None.
New user interface and updated functionality delivers streamlined experience and faster access to key information driving greater portfolio management efficiencies
“At a time when independent advisory firms are growing rapidly, and as we are working carefully to bring together our two leading custody platforms, we saw an important opportunity to innovate and deliver a new version of iRebal that is more modern, user-friendly and scalable,” said
iRebal reduces the legwork in complex investment management and rebalancing processes and offers advisors more effective portfolio management designed for tax-efficient rebalancing, dynamic cash management, and tax-loss harvesting, among other capabilities. Among the current enhancements:
- Dashboard view: Reflecting a leading piece of feedback from advisors, iRebal now has a new widget-based homepage dashboard view that gives advisors faster access to the information and the ability to toggle deeper if required. The dashboard summarizes portfolio information and proactively surfaces items for attention, allowing advisors to see their most valuable data at sign-on, and letting them take immediate actions as needed.
- New grid interface: Aimed at giving advisors greater flexibility with data, the new grid interface has enhanced filtering capabilities and the ability to easily copy and paste data directly to other programs. The interface has been designed to maximize large/wide screen monitors so that it reduces the need to scroll.
- Improved navigation, editing and reporting: The introduction of new side sheets means advisors can now make edits within pages without losing their place. They also now have access to new reporting features, including new cash and allocation reports that allow for quick review of accounts. These reports show the status of portfolios and advisors can quickly trigger a workflow with a reduced number of clicks.
- Model Market Center™ widget: Included in the homepage dashboard is a new Model Market Center widget which alerts advisors to changes in any portfolio models and allows them to drill down and act to rebalance client accounts as needed.
The updates to the iRebal platform are available immediately to all advisors who currently custody with TD Ameritrade Institutional, both existing users who have already begun to transition to the new interface, and to those who are interested in starting to leverage the iRebal in their firms. Monthly educational webcasts are available for advisors who are interested in learning more.
Schwab is currently planning to extend access to iRebal to interested Schwab Advisor Services clients in early 2023.
“Choosing iRebal for rebalancing and trading needs can help an advisor increase the efficiency of their investment operations and bring more consistency to their client service,” said
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Disclosures
Through its operating subsidiaries,
TD Ameritrade Institutional,
Model Market Center is an offering of
iRebal on Veo is a technology offering of TD Ameritrade Institutional and is powered by iRebal. iRebal products and services property of ThinkTech,Inc., an affiliate of
Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support of Schwab.
Independent investment advisors are not owned by, affiliated with, or supervised by Schwab. For informational purposes only.
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