WuBlockchain
Charles Schwab is targeting a mid-2027 rollout of crypto spot trading, transfer, and custody capabilities for advisors on its custody platform, according to Jalina Kerr, Managing Director of Schwab Advisor Services. The firm oversees more than $10 trillion in client assets.
Why it matters
The build is aimed at the registered investment advisor channel, not retail. Schwab already offers spot Bitcoin and Ethereum trading to retail clients; layering spot trading, transfer, and custody into the advisor-facing custody platform routes crypto through the same operational rails advisors already use for stocks and bonds. For an industry that has repeatedly flagged custody and compliance as the gating issue for advisor allocation, that integration is the actual product.
Market impact
The 2027 timeline leaves room for custody rulemaking and bank-securities guidance to settle before Schwab flips the switch, which is also why the date lands where it does. Once live, the channel implication is straightforward: advisor-platform AUM is sticky, and a default crypto workflow embedded in that workflow is a slow-burn legitimizing flow rather than a one-day headline.
Source: [source](https://citywire.com/pro-buyer/news/schwab-eyes-2027-rollout-of-crypto-spot-trading-for-advisors/a2490867)
Frequently asked questions
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When is Charles Schwab launching crypto spot trading for advisors?
Schwab is targeting a mid-2027 rollout, according to Jalina Kerr, Managing Director of Schwab Advisor Services, with the timeline described as on track but subject to change.
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What crypto services will Schwab offer advisors?
The build covers spot trading, transfer, and custody capabilities on Schwab's custody platform, giving advisors a single operational workflow for crypto exposure.
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Does Schwab already offer any crypto trading?
Yes. Schwab already offers spot Bitcoin and Ethereum trading to retail clients; the 2027 initiative extends that capability into the registered investment advisor channel.
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How much client assets does Schwab oversee?
Schwab oversees more than $10 trillion in client assets, making its advisor custody platform one of the largest single rails through which US wealth is intermediated.
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Why does the advisor channel matter more than retail?
Advisor-platform AUM is sticky by construction: a default crypto workflow embedded in advisor custody rails is a slow-burn legitimizing flow, whereas retail trading is more episodic and price-sensitive.
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