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Why Should I Use the Schwab Advisor Center Digital Account Opening Tool?

What is the Schwab Advisor Center Digital Account Opening Tool?

How to Enable the Schwab Advisor Center Integration

Opening an Account using the Schwab Advisor Center Integration

View Alerts in Schwab from Redtail CRM

 

 

 

 

Why Should I Use the Schwab Advisor Center Digital Account Opening Tool?

• Quickly initiate Schwab's Digital Account Opening process from Redtail CRM without having to manage multiple browser windows and tabs, while providing alerts on account information from the last 30-days.
  
  
• Pre-fill certain fields from Redtail CRM into Schwab account forms, saving time and streamlining the account opening process.
  
  
• For users who prefer to work simultaneously within both ecosystems, utilize the Single Sign-On (SSO) feature to manage your contacts and accounts within both Redtail and Schwab.

 

 

 

What is the Schwab Advisor Center Digital Account Opening Tool?

Redtail CRM provides an integration that connects with Schwab Advisor Center. This integration opens up features for users to Single Sign-On (SSO) into their Schwab account, send data from Redtail CRM to Schwab when opening a new account in Schwab Advisor Center, and view alerts that have happened in Schwab over the last 30 days. When set up, the integration streamlines the new account process and reduces the amount of necessary browser tabs and windows, making it easier to navigate where you need to with your contact data.

 

 

 

How to Enable the Schwab Advisor Center Integration

• Go to the profile dropdown at the top right of the CRM and select "Manage Your Integrations."
  
  
• Find or filter "Schwab Advisor Center" and confirm the ON/OFF toggle has been turned to ON.

 

 

 

 

• Select the settings cog and then select "Settings" to open the Update Integrations Settings modal.
  
  
• You'll be prompted to agree to enrollment terms and conditions. After checking the "Agree to Terms and Conditions" box, click the "Enroll" button.
  
  
• Enter your Schwab Advisor Center® credentials and click through the resulting screens. Make sure to read through any additional terms.
  
  
• The process is finished when you return to the CRM dashboard.

 

 

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Opening an Account Using the Schwab Advisor Center Integration

• While in a contact record in Redtail, click the Integrations Menu at the top right and choose Schwab Advisor Center.
  
  
• Click Open an Account to launch the Digital Account Open screen within Schwab Advisor Center®:

 

 

• Information from Redtail CRM populates into the required fields during the account opening process.
  
  
• Fields that are sent from Redtail to Schwab:
  • First name
  • Middle name
  • Last name
  • SSN
  • DOB
  • Home Address
  • Primary Email
  • Mobile Phone
  • Home Phone (Optional)
    
    
• Please Note: Citizenship and Employment info DOES NOT come over, but is required for Schwab’s Digital Account Opening. In most cases, you need to fill out those remaining fields with the missing data.
  
  
• After you have confirmed all required data has transferred, add any additional data and continue through the Schwab new account setup process.

 

 

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View Alerts in Schwab from Redtail CRM

Use "View Alerts" in the Schwab Advisor Center® integrations menu from Redtail CRM to view up to 250 alerts from the last 30 days.

 

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