Private Client Resources (PCR), a leading provider of data aggregation and wealth information management services to UHNW families, private banks, multi-family offices, and investment advisors, today announced it will deepen and evolve its integration with Schwab Advisor Services™ as a third party participant in the Schwab OpenView (http://www.schwabintelligenttechnologies.com/Home) Gateway® program. This strengthened integration will allow advisors to support clients with sophisticated portfolio needs, data protection and security through enhanced data aggregation solutions.

The announcement was timed to coincide with the annual T3 Technology Conference for Advisors. Schwab will have a booth in the exhibit hall as well as a session during the conference as follows:

Reimagining the Custodian Tech Stack
2:00 PM – 2:40 PM, Thu, Jan 31, 2019
Pioneer Ballroom 2/3/4

Learn from Schwab’s technology leadership about how the custodian is taking a services first approach to developing products and capabilities with the mission of delivering experiences that help advisors put their clients first.

API-DRIVEN PLATFORM IS QUANTUM LEAP

“As a trusted partner to advisors for the past 15 years, we have a number of mutual clients with Schwab, and moving to the OpenView Gateway secure API-driven platform represents a quantum leap forward for our relationship,” said Robert Miller, CEO of PCR. “The integration will allow us to share data and offer UHNW and family office clients as well as Schwab advisors, an efficiently managed total view of their investments, including automated alternative/illiquid and held-away assets. Schwab is the standard bearer for deep, real-time, secure API-driven integration.”

“PCR’s inclusion in the OpenView Gateway program is a natural step in the evolution of our longstanding relationship,” said John Connor, Vice President in Schwab’s Digital Advisor Solutions group. “We continually work to provide the most comprehensive platform possible to advisors and family office clients. Collaboration with industry leaders like PCR is critical to helping these advisors focus on building client relationships and scale their businesses.”

PCR joins Schwab OpenView Gateway as the only purpose-built data aggregator on the platform, connecting thousands of data sources. PCR clients and integration partners will be able to use the solution to securely connect data and metrics from PCR’s wealth aggregation platform to a multitude of other products and systems both inside and outside of Schwab’s eco-system. Existing integrations combine the best of Schwab and third-party capabilities and include many of the major technology tools that independent advisory firms depend on, such as CRM, portfolio management, financial planning, trading & rebalancing, and risk analysis.

ABOUT PRIVATE CLIENT RESOURCES (PCR)

PCR is a leading data aggregation, data privacy and data management services provider to over $300B of UHNW assets. PCR specializes in difficult to aggregate asset classes and data sources important to UHNW as well as information from custody banks and brokers. PCR currently serves 140+ family offices, RIAs, private and trust banks and institutional investors. Their award-winning wealth information platform aggregates statements and data feeds from over 5500 private placement funds and fund administrators, encompassing $150B in commitments, as well as marketable securities accounts from over 500 electronic sources, representing nearly $300B in assets. PCR delivers fully reconciled and normalized data, via an extensible data warehouse, and a Digital Hub with a suite of tools, APIs, and pre-packaged third party software integrations. For more information, visit www.pcrinsights.com

ABOUT SCHWAB ADVISOR SERVICES AND SCHWAB INTELLIGENT TECHNOLOGIES®

Schwab Advisor Services provides custody and trading, as well as technology and other support services to independent investment advisors. It includes the custody, trading and related support services of Charles Schwab & Co., Inc., a registered broker-dealer and member SIPC. It also includes the technology and related products and services of Schwab Intelligent Technologies (“SIT”) and Schwab Performance Technologies (“SPT”). Schwab and SIT, and SPT are affiliated as separate subsidiaries of The Charles Schwab Corporation, but their respective products and services are independent of each other. For more information, visit http://www.schwabintelligenttechnologies.com/