{"id":838004,"date":"2025-04-16T08:34:01","date_gmt":"2025-04-16T12:34:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-announces-strategic-investment-in-wealth-com-to-support-estate-planning-capabilities-for-investors\/"},"modified":"2025-04-16T08:34:01","modified_gmt":"2025-04-16T12:34:01","slug":"schwab-announces-strategic-investment-in-wealth-com-to-support-estate-planning-capabilities-for-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-announces-strategic-investment-in-wealth-com-to-support-estate-planning-capabilities-for-investors\/","title":{"rendered":"Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadl0 { padding-left: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors<\/b><\/p>\n<p>WESTLAKE, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Charles Schwab Corporation today announced it has made a minority investment in Wealth.com, the #1 rated estate planning platform in wealth management<sup>1<\/sup> that is modernizing how financial advisors help clients of all wealth levels with their estate planning needs.\n<\/p>\n<p>\nSchwab\u2019s investment will help Wealth.com continue to scale its capabilities to make it easier for financial firms and advisors to provide valuable estate planning services to individuals and families. Wealth.com\u2019s platform equips advisors and financial professionals to offer estate planning solutions that are modern and sophisticated\u2014yet approachable and easy for clients to navigate. Financial advisors use Wealth.com\u2019s platform to help clients optimize their estate plans or give clients without an estate plan the ability to immediately self-create robust legal documents (e.g., wills and revocable trusts) in all 50 U.S. states and D.C. at a fraction of the cost of an estate attorney.\n<\/p>\n<p>\n\u201cWe\u2019re enhancing our wealth management offer by building out trust and estate capabilities that will help us serve our clients\u2019 evolving needs, wherever they are on their financial journeys,\u201d said Neesha Hathi, Managing Director, Head of Wealth and Advice Solutions. \u201cWealth.com is a leading provider of an intuitive and easy-to-use trust and estates process, powered by Artificial Intelligence.\u201d\n<\/p>\n<p>\n\u201cInvestors want to conduct more of their financial lives in one place, and advisors are increasingly looking for tools and platforms that enable them to scale their business and grow,\u201d said Rick Wurster, President and CEO of the Charles Schwab Corporation. \u201cWealth.com is an important first step in building out a support ecosystem for our advisor clients as they respond to investors\u2019 needs, while also providing a scalable and easy-to-use solution for our retail clients to meet more of their financial needs at Charles Schwab.\u201d\n<\/p>\n<p>\n\u201cThis is more than an investment. It\u2019s the foundation for something much bigger,\u201d said Wealth.com CEO Rafael Loureiro. \u201cTogether, we\u2019re reimagining estate planning at scale \u2014 delivering modern tools that empower advisors, elevate client outcomes, and redefine what\u2019s possible in wealth management.\u201d\n<\/p>\n<p>\nAs an extension of this strategic investment, the two firms are also developing opportunities to offer access to Wealth.com\u2019s estate planning tools to Schwab\u2019s clients. Details and launch plans to follow.\n<\/p>\n<p>\nThe terms of the investment have not been disclosed.\n<\/p>\n<p><b>About Charles Schwab<\/b><\/p>\n<p>\nThe Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 36.9 million active brokerage accounts, 5.5 million workplace plan participant accounts, 2.0 million banking accounts, and $10.28 trillion in client assets as of February 28, 2025. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab &amp; Co., Inc. (member SIPC, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sipc.org&amp;esheet=54238737&amp;newsitemid=20250416349796&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.sipc.org&amp;index=1&amp;md5=4e53ef80091cfcc55f91dc30d444c727\">https:\/\/www.sipc.org<\/a>), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aboutschwab.com&amp;esheet=54238737&amp;newsitemid=20250416349796&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.aboutschwab.com&amp;index=2&amp;md5=1c6cc86ee294c49ddc7295b601c44df8\">https:\/\/www.aboutschwab.com<\/a>.\n<\/p>\n<p><b>Brokerage Products: Not FDIC Insured \u00b7 No Bank Guarantee \u00b7 May Lose Value<br \/>\n<br \/><\/b>\u00a9 2024 Charles Schwab &amp; Co., Inc. Member <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sipc.org&amp;esheet=54238737&amp;newsitemid=20250416349796&amp;lan=en-US&amp;anchor=SIPC&amp;index=3&amp;md5=24dbf6d19885a8e56542ab568ab6508a\">SIPC<\/a>.\n<\/p>\n<p>\n0425-JMZ4\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">______________________<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>1<\/sup> Source: 2024 T3\/Inside Information Survey.\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n\u00a0\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250416349796r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250416349796\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250416349796\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA:<br \/>\n<\/b><br \/>Mayura Hooper<br \/>\n<br \/>Charles Schwab<br \/>\n<br \/>Phone: 415-667-1525\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Personal Finance Technology Finance Consulting Banking Professional Services Family Internet Consumer Asset Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250416349796\/en\/387025\/3\/LOG-CSCrprtn-Stck-core_blue_DIGITAL.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; The Charles Schwab Corporation today announced it has made a minority investment in Wealth.com, the #1 rated estate planning platform in wealth management1 that is modernizing how financial advisors help clients of all wealth levels with their estate planning needs. Schwab\u2019s investment will help Wealth.com continue to scale its capabilities to make it easier for financial firms and advisors to provide valuable estate planning services to individuals and families. Wealth.com\u2019s platform equips advisors and financial professionals to offer estate planning solutions that are modern and sophisticated\u2014yet approachable and easy for clients to navigate. Financial advisors use Wealth.com\u2019s platform to help clients optimize their estate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-announces-strategic-investment-in-wealth-com-to-support-estate-planning-capabilities-for-investors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838004","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-announces-strategic-investment-in-wealth-com-to-support-estate-planning-capabilities-for-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; The Charles Schwab Corporation today announced it has made a minority investment in Wealth.com, the #1 rated estate planning platform in wealth management1 that is modernizing how financial advisors help clients of all wealth levels with their estate planning needs. Schwab\u2019s investment will help Wealth.com continue to scale its capabilities to make it easier for financial firms and advisors to provide valuable estate planning services to individuals and families. Wealth.com\u2019s platform equips advisors and financial professionals to offer estate planning solutions that are modern and sophisticated\u2014yet approachable and easy for clients to navigate. 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Schwab\u2019s investment will help Wealth.com continue to scale its capabilities to make it easier for financial firms and advisors to provide valuable estate planning services to individuals and families. Wealth.com\u2019s platform equips advisors and financial professionals to offer estate planning solutions that are modern and sophisticated\u2014yet approachable and easy for clients to navigate. 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