Advisors that attended Schwab’s IMPACT conference in November are likely already aware, but for everyone else: Third-party technology platform provider AdvisorEngine formally announced that its Junxure CRM is the first such relationship management offering to integrate with the new digital account opening workflow developed by Schwab Advisor Services.
Starting in December, wealth management firms that use Junxure and Schwab Advisor Services as a custodian will be able to open new accounts digitally and in real time.
The integration is meant to streamline the account-opening process for both front- and back-office staff and reduce instances of missing data. This new set of enhancements builds on existing API integrations between Junxure and Schwab Advisor Center.
Single sign-on for LifeYield
Separately, LifeYield LLC also announced a single sign-on from its LifeYield Advantage Suite directly to the Schwab Advisor Center platform. This allows LifeYield users that have turned on the functionality to access several related sections of SAC directly from the Advantage Suite interface. As part of the integration, Schwab now can export account information daily to LifeYield, which allows advisors access to pertinent client data from within that interface, according to a LifeYield statement.