{ "crd_number": 159035, "slug": "schwab-wealth-advisory-inc-san-francisco-ca-159035", "primary_business_name": "SCHWAB WEALTH ADVISORY, INC.", "legal_name": "SCHWAB WEALTH ADVISORY, INC.", "dbas": [], "city": "San Francisco", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2011-12-09", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-06-29", "carried_forward": false, "raum_total": null, "raum_discretionary": null, "raum_non_discretionary": null, "raum_band": "not_reported", "raum_band_label": "Not reported", "total_employees": 1457, "advisory_employees": 1375, "client_count_bucket": null, "clients_by_type": null, "compensation_types": [ "other" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": true, "disclosure_yes_count": 4, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "PR", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VI", "VT", "WA", "WI", "WV", "WY" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/159035", "disclosure_items": [ { "item": "11.A(2)", "question": "In the past ten years, has the firm or an advisory affiliate been charged with a felony?" }, { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(5)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?" }, { "item": "11.F", "question": "Has an authorization to act as an attorney, accountant, or federal contractor granted to the firm or an advisory affiliate ever been revoked or suspended?" } ], "city_as_filed": "SAN FRANCISCO", "url": "https://advisorcensus.com/firm/schwab-wealth-advisory-inc-san-francisco-ca-159035", "display_name": "Schwab Wealth Advisory, Inc.", "summary": "Schwab Wealth Advisory, Inc. is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2011, with no regulatory assets under management reported in its Form ADV filing dated June 29, 2026.", "citation": "AdvisorCensus. Schwab Wealth Advisory, Inc. (CRD 159035): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Other" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Schwab Wealth Advisory, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Schwab Wealth Advisory, Inc. reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Schwab Wealth Advisory, Inc. located?", "a": "Schwab Wealth Advisory, Inc.'s principal office is in San Francisco, CA, according to its Form ADV; the July 2026 filing also lists 23 other offices (Schedule D, Section 1.F)." }, { "q": "Is Schwab Wealth Advisory, Inc. registered with the SEC or a state?", "a": "Schwab Wealth Advisory, Inc. is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 159035." }, { "q": "How have Schwab Wealth Advisory, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Schwab Wealth Advisory, Inc.: Total employees: 699 in October 2021 and 1,457 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "Does Schwab Wealth Advisory, Inc. report any disciplinary disclosures?", "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.A(2) (felony charge in the past ten years), 11.D(2) (another regulator's finding of a violation), 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), and 11.F (authorization as an attorney, accountant, or federal contractor revoked or suspended). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/159035" }, { "q": "What changed in Schwab Wealth Advisory, Inc.'s recent Form ADV filings?", "a": "In the June 2026 filing data: Item 11 disclosure answers changed: 4 yes answers, previously 3 (now yes: 11.A(2))." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": 699, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": null, "total_employees": 825, "filing_date": "2022-09-29" }, { "period": "2023-10-01", "regulatory_assets_under_management": null, "total_employees": 948, "filing_date": "2023-05-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": null, "total_employees": 941, "filing_date": "2024-09-25" }, { "period": "2025-10-01", "regulatory_assets_under_management": null, "total_employees": 1042, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": null, "total_employees": 1457, "filing_date": "2026-06-29" } ], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Item 11 disclosure answers changed: 4 yes answers, previously 3 (now yes: 11.A(2))." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.D(2), 11.D(5), 11.F).", "Employees performing advisory functions went from 987 to 1375.", "Changed its office addresses in Jersey City, NJ.", "Added an office in Irvine, CA.", "Added an office in Lone Tree, CO.", "Added an office in Tampa, FL.", "No longer lists an office in Henderson, NV.", "No longer lists an office in Holladay, UT.", "No longer lists an office in Newport Beach, CA." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Changed its office addresses in Jersey City, NJ.", "Changed its office addresses in Newport Beach, CA.", "Added an office in Holladay, UT.", "Added an office in Los Angeles, CA.", "Added an office in Minneapolis, MN.", "Added an office in New York, NY.", "Added an office in Orlando, FL.", "Added an office in San Diego, CA.", "No longer lists an office in Lone Tree, CO.", "No longer lists an office in Santa Barbara, CA." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Item 11 disclosure answers changed: 0 yes answers, previously 2 (now no: 11.A(1), 11.F)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/schwab-wealth-advisory-inc-san-francisco-ca-159035.md", "clients": [], "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/159035", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }