The Schwab/TDAI merger is creating opportunities for emerging RIA custodians with more nimble technology, natural language processing tools and automated service.
As the dominant custodian for RIAs, Charles Schwab continues to digest its 2020, $26 billion acquisition of one-time rival TD Ameritrade. Seeing an opportunity, several smaller tech players have stepped forward to build custodial services using more nimble technology and a tighter focus on service….
