Conversion Guide: TD Ameritrade to Schwab

Conversion

Guide:

TD Ameritrade

to Schwab

For direct integrators

*Updated July 2023

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Table of Contents

Page Topic Sub-topic

3 Overview Conversion overview

4 Key considerations

5 Schwab integration platform

7 Data Files Data file conversion checklist

8 Data file conversion timeline

9 How the Schwab data file offer/process differs from TDAI

10 TDAI/Schwab file type mapping

11 Cross-reference files Working with cross-reference files

Cross-reference file examples

13 Residual transactions Residuals overview

14 Residual types and processing

15 Accounts How accounts will be migrated and how to manage

16 Historical data How historical data will be migrated (statements, files, cost basis)

17 Key questions Key questions to consider

19 APIs/SSO API/SSO conversion checklist

20 API/SSO conversion timeline

21 How the Schwab API offer/process differs from TDAI

22 How the Schwab SSO offer/process differs from TDAI

23 List of Schwab APIs

26 Account statements Schwab-only integration offer

27 Schwab Provider Listings

Schwab-only fintech promotional website

28 Contact us/resources Email contact points, useful URLs

Updated pages

marked with this icon

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Conversion Guide: TD Ameritrade Institutional Veo One

Veo Open Access

to Schwab

The Schwab and TD Ameritrade Institutional (TDAI) integration offerings are very similar, and

we’re in the process of combining the best of both platforms. By adding key TDAI integration

components to the current Schwab integration infrastructure, we can minimize loss of

functionality for our mutual clients prior to their accounts and firms converting to the

Schwab platform (“Account Conversion”). Account Conversion is scheduled to take place

over Labor Day weekend, September 2–4, 2023.

This guide helps you plan a seamless integration experience. It’s organized by integration

offering and is intended to walk you through Account Conversion, including specific

checklists for converting data files and application programming interface (API)/single sign-

on (SSO) integrations.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Conversion Guide: TDAI to Schwab

Key considerations

 Over conversion weekend (September 2–4, 2023), if you store these data points within your systems, you must convert

account numbers, rep codes, and select security identifiers from the TDAI to Schwab format, as well as manage residual

transactions originating from the TDAI platform for up to 90 days post conversion. Transfers out of the TDAI accounts and

transfers into the Schwab accounts will not be included in the daily data feeds so that account histories remain intact. We

will provide cross-reference files to assist with the required conversion of account numbers, rep codes, and security

identifiers. Starting September 5, 2023, you will solely leverage the Schwab file feeds and APIs for all integration needs.

 All Veo One direct integrations will no longer function after Account Conversion except for data files containing trailing

(“residual”) transactions, which will remain functional for up to 90 days. In addition, to align with freezes of certain account

functions on the Veo One platform, several Veo One APIs will cease to function prior to Account Conversion, meaning they

will fail when launched from your platform, including:

— August 18 at 5:00pm ET: Account Wizard, Account Number Generate, and Account Create APIs

— September 1 at 4:00pm ET: Cash Management, Trading, and Management Fee APIs

 Any TDAI retail accounts included in your Veo One daily file feed will no longer be included in your new file feed coming

from the Schwab platform, only advised accounts will be included.

 All existing direct integrations with Veo One must be rearchitected on the Schwab platform. We have teams in place ready

to assist you with this process.

 Activation of API integrations are managed differently between Schwab and TDAI:

— Schwab API integrations are activated by the advisor through your third-party platform

— TDAI API integrations are activated by the TDAI Tech Services team via a (Release of Information (ROI) form

 Migration of current TDAI file feeds, as well as authorization and activation of new Schwab data file feeds will depend on

you signing the Schwab Master Data Access Agreement

 Budgeting time to plan and implement these new integrations well ahead of Account Conversion is critical. Careful review of

the details in this guide will help.

 If you have not already evaluated how your integrations to Veo One will translate to Schwab Advisor Center

, please reach

out to our team now regarding these conversations.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Schwab integration options largely mirror TDAIs

Daily data files

and statements

API integration Single sign-on Trading integration

End-of-day bulk

balances, positions,

and more via flat file

Account statements

via SFTP

The most robust set of

data available

Deep, high-quality,

real-time integration

with select providers

Initiate digital workflows

with single sign-on (SSO)

and data loading

Seamless connection

from your system to

Schwab Advisor Center

Industry standard

SAML 2.0 format

Submit trades from order

management systems to

the Schwab platform

Multiple connection

options, including FIX,

SFTP, and API

 Master Data Access

Agreement (MDAA)

required

 Advisor authorization

also required

 Due diligence review

required

 Contract required

 Due diligence review

required

 Contract required

 Due diligence review

required

 Contract required

(Leveraging an approved Order Routing

Network allows third-party vendors to

bypass the due diligence review and

contract requirements.)

Provider Listings at advisorservices.schwab.com

Inclusion of your product and company on the Advisor Services website,

offering third-party vendors no-cost exposure to our advisor client base

Conversion

checklist and

information

Daily data files

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Data File Conversion Checklist

Now through September 2, 2023:

 Get set up with Schwab Advisor Center credentials. You will need a username and password for the Schwab platform in order to

download files (including the cross-reference files) from Schwab, which we will deliver to you assuming you have signed the Master

Data Access Agreement.



Confirm ability to ingest the Schwab Core B/D and Cost Basis daily data files



Sample files and specs are available upon request, or by visiting the Schwab Advisor Center Technical Support page here



‘Classic’ file versions are being retired (titled beginning with CS, ERT, PC, PRI, SAF, and SCF, followed by a date (mmddyy)

and extension)



Confirm ability to convert TDAI account numbers and rep codes, by leveraging the cross-reference files (.MXR files)



Files will be delivered to you daily via your Schwab (not Veo One) data file feed



Files are scheduled to be available starting mid-July (FA master accounts), and one week later for money managers/TAMPs

(BT/SL master accounts)



File specs are available here and a sample version is available here



NOTE: You will receive an .MXR cross-reference file for each Schwab master account included in the conversion



Confirm ability to convert any required security identifier changes, by leveraging the ticker cross-reference file



Includes mostly options and a small subset of mutual funds



File and file specs available on the Schwab Advisor Center Technical Support page



Confirm your ability to process and manage residual transactions



See residual transactions pages for details

Conversion weekend: September 2-4, 2023:



Convert account numbers



Convert changing security identifiers



Convert rep codes to master accounts (if necessary)



Configure your system to download and process files for the newly created master accounts



Process residual transactions from the TDAI platform for up to 90 days post conversion (if necessary)

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Join the

program

Develop integration

Rep code and subaccount

migration

Asset

migration

TDAI to Schwab

conversion

Can take 2 months Can take 1-2 months July 2023 September 1, 2023 September 4–6 and after

1. Sign Master Data Access

Agreement

2. Get set up with credentials

on Schwab Advisor Center

1. Review Core B/D and Cost

Basis file specs and

develop integration to

process files

2. Review sample cross-

reference file specs

(account cross-reference,

and ticker cross-

reference)

3. Create mechanism to

handle residual

transactions

4. Leverage our team

as needed to ensure

production readiness

Core B/D files all begin with CRS,

followed by a date (yyyymmdd) and

extension. “Classic” files have titles

beginning with CS, ERT, PC, PRI,

SAF, or SCF, followed by a date

(mmddyy) and an extension.

“Classic” files are being retired.

1. Receive initial iteration of

Schwab B/D data files for

migrated master accounts in

mid-July for most accounts, one

week later for money managers

and TAMPs

2. Subaccount and TDAI rep code

to Schwab master account

cross-reference information

provided via .MXR cross-

reference files:

• Initial version available mid-

July for FA master accounts

• BT/SL master accounts

added one week later (for

money managers and

TAMPs)

• First refresh in early August

• Final refresh in late August

• Dates subject to change

3. Conduct mock Account

Conversion testing, leveraging

the cross-reference files (1

month out)

4. Conduct security identifier

conversion testing, leveraging

the ticker cross-reference file

1. Receive and

process the final

pre-conversion set

of TDAI files

Note: there will be no

transactions provided in the

Schwab nor TDAI file sets

that correspond to the

actual transfer of positions

and cash from TDAI to

Schwab

Residual transactions

(ones executed at TDAI but

settled at Schwab) will

continue to flow in the TDAI

file format from Veo One for

up to 90 days after

conversion.

1. Convert account

numbers in your client

databases using cross-

reference files

2. Convert any applicable

security identifier

changes in your client

databases using the

current version of the

security ticker cross-

reference file

3. Configure your system to

download and process

files for the newly

created master accounts

4. Begin downloading and

processing Schwab files

(September 6, 2023, and

after)

5. Process residual TDAI

transactions over the

trailing 90 days (through

November 2023)

Authorizes you to receive

Schwab data files for

current clients of TDAI and

any future clients working

with Schwab.

Completes development

cycle and frees you up to

focus on the conversion

process

Establishes TDAI-to-Schwab

subaccount mapping, and security

identifier mapping

Verifies that your conversion

process works successfully

Ensures a solid

baseline for

conversion

Conversion success!

Data File Conversion Timeline

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Daily file downloads: Advisor Services data delivery

What it is

Advisor Services data delivery provides robust, comprehensive,

and customized close-of-business data available daily for

seamless upload into technology systems in file format for many

data points across an advisor’s business, such as positions,

balances, cost basis, account information, and more.

Why we offer it

Data is vital to the smooth functioning of every modern office.

Schwab’s flexible approach lets you choose the file and delivery

methods that work best for your technology and workflow. Daily

data file integration is the quickest and easiest way to get

access to Schwab account data; it’s a simple advisor-driven

process to authorize the download and a low-overhead

technical implementation to receive and process the files into

your technology platform.

How it works

Each day a new set of files is created and made available for

downloading and processing. Files can be downloaded using the

desktop Schwab Data Delivery

tool or, for bulk download

needs, an SFTP transmittal channel (pull only) can be set up.

How it differs from the TDAI platform

 You must sign a Master Data Access Agreement that will allow the

migration of file feeds from the TDAI platform to the Schwab platform.

Any new client for whom you process files will request that a file feed

be sent to you via Schwab Advisor Center, by submitting a Request for

Data Access Agreement on the Account Management page.

 No retail accounts are or will be included in the Schwab data feeds

post conversion, only advised accounts will be included.

 There are minor differences in the file specs and data points but most

of what you rely on in the TDAI files is already available in the Schwab

files. Any significant gaps that exist will be closed prior to Account

Conversion.

 For firms already downloading Schwab files, please note that

converted TDAI brokerage accounts will only be sent in the current

Schwab Core Broker/Dealer (B/D) file formats and not the “classic”

Schwab formats.

 TDAI groups accounts into rep codes for downloads, while Schwab

uses master accounts. Rep codes and account numbers will both

change to the Schwab format at Account Conversion. You must also

convert account numbers on existing data within your systems at the

same time to ensure a seamless transition.

 There are several securities that will undergo an identifier change

when accounts get converted. These identifiers should be converted at

the same time as the account numbers. A cross-reference file to help

you convert those identifiers is available on the Technical Support page

on Schwab Advisor Center, linked here

. The final version of this file will

be made available starting August 25 via this same location.

 Date of birth and Social Security number/taxpayer ID are available in

Schwab data files, but a request by the advisor to Schwab Advisor

Platform Support must be made (in June 2023 or later) to include them

for each master account. If you rely on these fields as part of the TDAI

file feeds, please let us know

ASAP if you haven’t already.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

TDAI > Schwab file names Schwab file descriptions

TDAI to Schwab Core B/D data file mapping

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Schwab B/D Core Data Files

Account/Master

cross-reference files (.MXR)

Security Ticker

cross-reference file

File descriptions Daily set of files that contain all account

and security related information and daily

activity

Mapping file(s) that link your current TDAI

account numbers and rep codes to the new

Schwab sub-account numbers and master

accounts

Mapping file that links the current TDAI

security identifiers (CUSIPS are not

changing) to the equivalent Schwab

security identifiers, where differences

exist. For options and a small number of

mutual funds only.

What is required in order to

get the file(s)?

By signing the Schwab Master Data

Access Agreement, your feeds on the TDAI

side will automatically migrate over to

Schwab

Files will be included along with your Core B/D

File feed upon signing the Schwab Master Data

Access Agreement

Use your Schwab Advisor Center

credentials to login and access the file

Where will I get the file(s)

from?

Included in your Schwab daily file feed,

which will be either the Schwab Data

Delivery tool, or via SFTP protocol

Included in your Schwab daily file feed, which

will be either the Schwab Data Delivery tool, or

via SFTP protocol

File and corresponding specs are located

on the Technical Support page within

Schwab Advisor Center, here

When can I expect to get the

file(s)?

Delivered daily, starting:

• Mid-July – First iteration will include

new FA master accounts and individual

subaccounts (no assets) that will be

converted from the TDAI platform

• One week later – BT/SL master

accounts and individual subaccounts

added (for money managers and

TAMPs)

• Sept 6, 2023 and after – Full iteration

of files which include asset holdings

To be updated in waves, and delivered daily:

• Initial version available mid-July for FA

master accounts

• BT/SL master accounts added one

week later (for money managers and

TAMPs)

• First refresh in early August

• Final refresh in late August just before

conversion

• Dates subject to change

Available now, but the refreshed, final

version will be available starting August

25.

At what entity level are the

files created?

Created at the master account level

(similar to the TDAI rep code level), but

bundled together for your download

package.

• Note: Retail accounts are not available

or included in the Schwab Core B/D

file feeds

Created at the master account level (similar to

the TDAI rep code level), meaning you can

expect to get one of these .MXR files for every

Schwab master account that includes

converted TDAI accounts

Created at the custodian level, meaning

there is only one version of the file for all

use cases

Working with Schwab cross-reference files

Account Cross Reference File (.MXR)

Sample cross-reference files

Security Identifier Cross Reference File

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

TDAI residual transactions: Overview

Residuals Approach

TD Ameritrade

 TDAI will process all residual transactions as normal post Account Conversion (September 5, 2023,

and after)

 TDAI transaction files will be created based on those transactions

 These files will be available through existing TDAI channels; Veo One, SFTP, etc.

Schwab

 Schwab data files will suppress the TDAI journal transfers post Account Conversion (September 6,

2023, and after)

 Schwab internal systems will reflect a corresponding cash journal into the Schwab account rather

than the posted TDAI transaction

 Impact to Schwab Balance and Position files to be reflected the next business day for cash-based

transactions, and up to 7 days for share-based transactions (which are updated once per week),

thereby resolving any reconciliation discrepancy

Advisor/Vendor

 Advisors and vendors will need files from both Schwab and TDAI post Account Conversion

 TDAI statement and confirmation files will be available on Veo One

If you track transaction history within your platform, you will need to be aware of residual transactions, which cover a variety of

situations where transactions continue to hit TDAI accounts after the accounts convert to the Schwab platform. These transactions

will be provided to you via Veo One transaction files for up to 90 days post conversion. Examples include trailing dividends and

accrued interest, most of which will have any resulting cash or positions swept into the Schwab account the next business day.

Because of this lag, these transactions have the potential to create a temporary reconciliation discrepancy on the Schwab side,

which you should be aware of and prepared to manage. It is recommended that you post the initial transaction sent through Veo

One directly into the new Schwab account rather than the TDAI account (by leveraging the account cross-reference files), as the

overnight sweeps and/or transfers will be suppressed and therefore not available in the Schwab data files, even though they will

appear on the Schwab website.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Category Description of the activity type and example Impact to Schwab data files

Corporate actions

 Cash dividend – Dividend paid for an equity security with record

date before the account was converted

 Other delayed, mandatory corporate actions – Spinoff, stock split,

etc. occurring after Account Conversion but recorded before

Account Conversion

 Daily Balance file will not reflect the cash transaction until

after the funds are posted in Schwab internal systems

 Daily Positions file will not reflect the asset transfer until

after the assets are transferred into Schwab internal

systems

Mutual funds

 Accrual funds – Bond fund that accrues interest throughout the

month. At the end of the month, accrued portion is paid through

conversion date to client’s TDAI account.

 Daily Balance file will not reflect the cash transaction until

after the funds are posted in Schwab internal systems

 Daily Balance or Positions file will not reflect the results of

the dividend until after the dividend is posted in Schwab

internal systems

Trading

 Trade corrections (Option, Equity, Foreign, FI) – Client trades for

100 shares but only intended 10; calls to get trade corrected

 Trade corrections will be reflected in the Balance or

Position files the same day the corrections are applied

Cash related

 Wires IN – Client mistakenly sends wire to TDAI

 External ACH IN – Client Social Security deposit sent to TDAI

 External ACH OUT – Client credit card bill drawn from TDAI

 Physical mail in check deposits – Client mails check to TDAI for

deposit or delivers to a TDAI branch

 Daily Balance file will not reflect the cash transaction until

after the funds are posted in Schwab internal systems

Transfer

 In-progress transfer –

Client transfer in request to TDAI has not yet

finished processing prior to conversion

 Daily Positions file will not reflect the asset transfer until

after the assets are transferred in Schwab internal

systems

Residual transaction types & processing

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

TDAI account statuses that will transition:

• TDAI accounts marked as CLOSED with a ZERO balance will not convert over to the Schwab platform. All other account

statuses will, including those that are open with a zero balance, as well as those closed but with a balance.

Note: there are a small number of TDAI account registration types that are not supported on the Schwab platform, all of

which will convert into frozen Keogh accounts on the Schwab platform.

Handling new vs existing accounts and master accounts:

 It is best to not add or post the new (shell) Schwab subaccounts into your database when they are initially added to the

Schwab data files in the months leading up to conversion. You should wait to update the existing TDAI account numbers

that are already stored in your database over conversion weekend. Doing otherwise could create duplicate account

numbers.

 TDAI uses rep codes and Schwab uses master accounts. There are three types of master accounts, and each type is

used for different purposes: FA masters, SL masters, and BT masters.

 FA (Financial Advisor) master accounts are the required primary link. All Schwab sub-accounts are linked to one,

and only one, FA master account. Firms may have multiple FA master accounts.

 SL (Sub-linked) master accounts are used for viewing and trading purposes, including when an advisor wants to

provide only a subset of their book to a third-party provider. TAMPs and Outsource Agents use this type of

master account.

 BT (Block Trade) master accounts are issued to Money Managers and are also used to provide data to third-

parties.

 The vast majority of TDAI rep codes will convert into new Schwab FA master accounts

 The majority of TAMPS will have new Schwab SL master accounts created for their TDAI rep codes

 Money Managers will have their TDAI Rep Codes converted into existing Schwab BT masters (where available)

– IMPORTANT: If your system automatically imports new accounts from the Schwab account (.ACC) file, you will

need to be especially cognizant of converted (shell) accounts being added to existing BT or SL masters, as they

may be brought in as new accounts which could cause duplication

How accounts will be maintained through

conversion

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Type of data at TDAI What will transfer to Schwab Advisor Center

Account Statements and

Forms 1099

10 years of history

Daily Data Files Will not be accessible via Schwab Advisor Center post conversion weekend. It is

recommended that you download any required history from Veo One before conversion

weekend if you have a need to retain historical files.

Cost Basis • Unrealized Gain/Loss information will be available in the Schwab cost basis files (.UPT,

.ULT, .UPN, .ULN) starting with the September 5, 2023 file set

• Realized Gain/Loss information will have a hard cutover on conversion weekend:

• Realized Gain/Loss data for January 1, 2023 through September 1, 2023 will only be

available in the Veo One cost basis files. This data will not transfer over to the

Schwab cost basis files (.RLD, .RTY, .RLY, .RTU, .RLU)

• Realized Gain/Loss data for September 5, 2023, and after will be available in the

Schwab cost basis files

• Any corrections to Realized Gain/Loss data for trades occurring before September 1,

2023, will flow through the Veo One cost basis files only

• Information included on 1099s will follow the same cutover logic. Clients will receive

a 1099 from both custodians for 2023

How historical data will be maintained through

conversion

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Key questions for you to consider

Key questions

 Will the volume of your new Schwab consolidated file feed (Schwab + TDAI) be an issue?

 Is there a need for you to review how your new Schwab master accounts are assigned to your

firms’ security groups on Schwab Advisor Center to ensure proper load-balancing once the newly

combined Schwab + TDAI file feeds are in place? This could be done late July through August if

needed.

 Will including converted TDAI accounts in the Schwab data files ahead of conversion (in July)

cause any issues in terms of creating duplicate records in your system?

 What actions will your users need to take to accommodate the change in account numbers? How

and when will you communicate those steps to them?

 Do you rely on other third-party platforms for account data, and if so, are you in sync with their

approach to handling conversion?

 Do other platforms rely on data from your system, and if so, are they aware and prepared to

manage these conversion changes? (Schwab/TDAI can only identify those who get data directly

from our platforms)

 Will account number fields in your system be consolidated, eliminated, or just have their data

updated?

 Will the newly converted TDAI account numbers be presented to the end user as new accounts

that need to be assigned to records? Or will existing records be updated?

Conversion

checklist and

information

APIs & SSO

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

API/SSO Conversion Checklist

Now through June 30, 2023:

 Sign Nondisclosure Agreement (NDA): Allows you to access API and SSO documentation to begin your

scoping and planning.

 Complete due diligence review: Requires Schwab approval of supplied information about your company

before the agreement can be signed.

 Sign API and/or SSO Agreement: Gives you access to the full Schwab API and SSO environments and

clears the path for you to begin development.



Completion of a Project, created via our Participant Portal (this includes development work, technical

validation, and approval to release).



We require that you complete this work by May 1, 2023, to allow adequate time to test it against

mock data.



Finalize client-facing documentation detailing steps to enable API/SSO integration to Schwab Advisor

Center from within your platform. Schwab does not have any ability nor knowledge of how to activate

integrations within your platform, like TDAI does.



Have your clients activate the integrations one month prior to account conversion.

Conversion weekend (September 2–4, 2023):



Ensure that all clients have activated the API/SSO integration within your platform.



If you store account numbers and/or security symbols within your database, you will also need to

convert the account numbers to the new Schwab format to ensure that the integrations continue to have

data flow once we convert them on our platform. See Data File Conversion Checklist for details.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

API/SSO Conversion Timeline

Join the program Develop integration Prepare for conversion Activate integrations At conversion

Can take 6 months

Now – May 1, 2023 April 1 – June 1, 2023 August 2023 September 2–4, 2023

1. Sign Nondisclosure

Agreement

2. Complete due

diligence review

3. Sign API and/or SSO

Agreement

1. Develop integration in

test environment

2. Validate integration

with Schwab’s team

and move to

production

environment

3. Ensure that your

clients understand

the coming changes

1. Create documentation

and content

instructing clients

how the new

integration will work

and how they will

activate it

1. Have your clients

activate the

integration ahead of

conversion, ensuring

an immediate data

flow the morning of

September 5, 2023

1. Ensure your clients

activate the API

and/or SSO

integration within

your platform

2. If you store account

numbers and/or

security identifiers

within your

database, you will

also need to convert

those in order to

ensure that the

integrations continue

to have data flow

once we convert

them on our platform.

See Data File

Conversion Checklist

for details.

Gives you access to

all APIs,

documentation, and

program resources,

so you are free to

begin development

Completes

development cycle

and frees you up to

focus on Account

Conversion

Prepares clients to

seamlessly change

over from Veo One

integrations to

Schwab Advisor

Center integrations

Frees up clients to

focus on other tasks

related to account

conversion

Conversion success!

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

API integration: Seamless, end-to-end workflows

What it is

API integration is end-to-end integration with essential

Schwab Advisor Center tools and data; it is available to

technology providers who want to develop deep, customized

user experiences.

Why we offer it

API integration is the most seamless and flexible integration

option, giving advisors access to real-time custody data and

workflows from the systems they already use. Schwab’s

modern API development tools and best practices can be

used to build custom experiences within technology provider

platforms.

How it works

We provide comprehensive documentation and resources

via our Participant Portal, where your development team has

ongoing access to the details of each API and can track and

monitor the progress of each project. Our program also

includes a dedicated service team, who will work with your

development team throughout the project lifecycle, ensuring

that questions are answered, roadblocks are cleared, and a

secure and high-quality outcome is delivered.

How it differs from the TDAI platform

 While largely equivalent, there are a handful of new APIs

being created on the Schwab platform to ensure parity

with the TDAI platform: Standing Instructions API, iRebal

APIs, and Trading API. There will be migration guides for

each API to explain the specific data point differences

between equivalent APIs on the Schwab and TDAI

platforms.

 The enrollment/activation process differs, as each end

user self-enrolls using their Schwab Advisor Center

credentials via an enrollment workflow that is built into

the integration code on your platform, as opposed to the

TDAI Tech Services team enrolling firms and users via a

submitted ROI form.

 Account numbers will change to the Schwab format at

Account Conversion. You must also convert account

numbers and security identifiers on existing data within

your systems at the same time to ensure a seamless

transition.

 A new/separate due diligence review and agreement

between you and Schwab is required before you are able

to implement APIs.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Single sign-on (SAML 2.0)

What it is

Advisors get convenient access to Schwab Advisor Center, when and

where they need it, giving them streamlined workflows across the

platforms they use. Schwab offers an industry-standard SAML

2.0−based single sign-on. End points on Schwab Advisor Center

include:

 Home Page

 Alerts

 Documents

 Profiles

 Management Fees

 Trading

 Balances & Positions

 Service Request &

Status

 Forms & Applications

 News & Research

 Schwab Charitable

 Money Movement

Why we offer it

Implementing SSO can streamline advisor workflows by enabling easy,

one-click access to key data and tools within the systems advisors

depend on. Whether implementing SSO on its own or combining it with

Schwab’s other deep integrations, completing key account management

tasks that advisors perform every day becomes easier than ever.

How it works

SAML is the link between the authentication of an advisor’s identity and

their authorization to use other websites and applications. Advisors log

into their third-party platform, then via an encrypted token are logged

into other service providers, including Schwab Advisor Center.

Leveraging SAML allows advisors to easily integrate with Schwab and

simplify the credential management process.

How it differs from the TDAI platform

 The Schwab SSO offer includes all the TDAI

landing pages and more.

 There is no ability to use SSO to sign into your

application from Schwab Advisor Center—only

from your system into Schwab’s.

 A new/separate due diligence review and

agreement between you and Schwab is

required before you can implement SSO.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Schwab APIs & SSO: Credentials/SSO, digital

messaging, and data mapping

Capability Definition

CREDENTIALS/SSO

Enrollment (mandatory)

Required for any API integration. Provides a prompt, giving users the opportunity to enroll their user ID for access to Schwab Advisor

Center data and functionality via the APIs. Leverages OAuth authorization.

Enrollment status Checks a user’s enrollment status; unenrolls a user

User authorization

List of Schwab Advisor Center security permissions assigned to a particular user. This permissions check is required for SSO-related

calls like digital onboarding, move money, trade file upload, and management fee file upload.

Single sign-on

SAML 2.0 single sign-on provides end users with easier contextual access to Schwab Advisor Center pages and functionality by

initiating access from the consuming application—without having to separately log in. End points on Schwab Advisor Center include:

 Home page

 Accounts > Alerts — account and operationally related next steps and notifications

 Accounts > Balances or Positions — cash, cash equivalents, and security holdings

 Accounts > Documents — view statements, trade confirmations, and tax reports

 Accounts > Profiles

 Accounts > Service Request — submit forms, documents, and requests to Schwab service teams

 Accounts > Status List — provides status for submitted service requests

 Trading — order entry and file import tabs

 Money Movement

 Management Fee Blotter

 Account Management — account opening, servicing, and maintenance forms (PDF based)

 Digital Envelopes — access to and status of digital workflows

 News

 Research > Markets — look up information about a security (in context)

 Schwab Charitable

 SSO to Schwab Alliance (for account holder single sign-on)

DIGITAL

MESSAGING

Alerts

List of all alerts for a firm in one of three views: subaccount, Master Account, or firm view. This API also provides alert details and the

ability to archive the alert.

Status Retrieve current status for in-flight requests made on Schwab Advisor Center. Pairs with most digital account maintenance APIs.

DATA

MAPPING

Clients

List of client IDs and key identification information—first name, last name, address, month/year of birth—which is typically used for

search functions from the consuming application to select specific Schwab clients (for example, finding all accounts for “John Smith”).

Accounts List and detail information for Master Accounts and their associated subaccounts

Account synchronization

List of account details data, generally used with the data persistence API to synchronize data changes on Schwab Advisor Center

with the consuming application.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Capability Definition

REAL TIME

Balances Real-time cash and equivalents information for a single account or an array of accounts (for example, household)

Positions Real-time position information, including quantity and value, for a single account or an array of accounts

Transactions List of transactions for a single account and details for a single transaction once a transaction is selected

Cost basis Cost basis details for subaccounts, including realized gain, unrealized gain, and trade lot information

Profiles

A set of three APIs (Account Profiles, Preferences & Authorizations, and Document Preferences) containing most account settings and

preferences. The details can be provided for a single account or an array of accounts and optionally saved and stored locally.

Reports

List of investor reports, including client monthly statements, trade confirmations, and year-end tax documents. From the list, the user of

the consuming application can open and save a single PDF or open PDFs sequentially to save and store for multiple accounts.

DIGITAL ACTIONS

Digital onboarding

A set of APIs that include (1) SSO into the digital onboarding workflow, (2) loading of contact/client data from the third-party system,

and (3) status updates that can be fed back into the third-party system.

Digital address change

SSO into and preload the digital address change tool on Schwab Advisor Center with updated address information from the consuming

application. Digital status is also available.

Digital move money

SSO into and preload the move money tool on Schwab Advisor Center with client and account data from the consuming application.

Digital status is also available.

Service request

Supports the submission of a new service request on Schwab Advisor Center. Service requests are used to submit requests for service,

forms, and documents to Schwab service teams. Digital status is also available.

Trade instructions and

allocations file upload

SSO into and transmit Schwab trade files and block trade allocation files from the consuming application into the Schwab Advisor

Center Trade Blotter. Requires both the trading SSO and the file upload APIs.

Management

fee file upload

SSO into and transmit management fee files from the consuming application into the Schwab Advisor Center Management Fee Blotter.

Requires both the Management Fee Blotter SSO and the file upload APIs.

IMPORT

Data delivery

(in bulk)

An API providing sub-files containing profile, position, balance, account roles, required minimum distribution (RMD), and beneficiary

data, in bulk, as of the previous business day for all accounts at the firm. The consuming application may store the data locally and use

for beginning-of-day analysis, reports, workflows, views, or any other purpose requiring a complete snapshot of all Schwab accounts

managed by the firm. After the data is retrieved, it is the responsibility of a consuming application to secure the data within the

application. Note: Consuming applications can request delta information for profile data.

New from

TDA

Standing Authorizations

iRebal APIs

Trading APIs

These APIs are currently being developed on the Schwab API platform to replace APIs that Veo One offered.

Schwab APIs & SSO: Real-time digital account

maintenance and importing

Other Schwab

integration

offers

 SFTP statements

 Provider Listings

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Schwab Advisor Center account statements

and documents: Bulk, SFTP delivery

What it is

Schwab offers SFTP delivery of various types of account-

related documents on request for third parties working with

one or more registered investment advisors (RIAs).

Why we offer it

Including account-related documents is a great way to

enhance the value of a client portal solution, and this offer

provides an easy way for third parties to import documents

for all accounts on a bulk level. More than 40 different types

of documents are available, ranging from account

statements and tax forms to Schwab Charitable™

documents and Pledged Asset Line

documents. The

documents are the same as those available on Schwab

Advisor Center. With SFTP delivery, third parties can choose

the specific document types to download.

How it works

Third parties enrolled in this program are granted an SFTP

account on Schwab’s servers from where they can pull the

documents. The downloading party uses their own FTP

software to retrieve files at their convenience, typically

monthly. The files are then transmitted in a .zip file format,

which can be extracted on receipt and processed into the

advisor’s technology for client use.

How it differs from the TDAI platform

 This offer is unique to the Schwab platform and does not

exist on the TDAI platform.

 Signing the Master Data Access Agreement is required,

establishing you as an authorized recipient for any clients

who wish to access these statements and documents

through your system.

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

How it differs from the TDAI platform

This offer is unique to the Schwab platform and does not

exist on the TDAI platform.

Provider Listings on advisorservices.schwab.com

What it is

The Provider Listings page on the Schwab Advisor Services

website is a public online directory of technology and

professional service providers that offer products and

services to RIAs. Within each product listing, you can

include summary information about your product and

company, multiple screenshots of your technology, full

contact and social media information, and details about how

your technology integrates with various Schwab platforms.

Why we offer it

The Provider Listings page is a resource for RIAs who are

beginning their search for new products and services. While

not intended to be a deep dive into product features, it helps

RIAs narrow their search to appropriate candidates. Creating

a profile on the page (at no cost) also provides unique

access to Schwab events, including additional sponsorship

opportunities at IMPACT

How it works

To be listed on the Provider Listings page, you sign a short

agreement, along with a Profile form, where you provide all

the information for the listing. Once you submit the forms,

the Schwab team will publish your listing. You can then

announce your participation in the program and promote

your listing via your marketing and communication channels

(per program guidelines).

Charles Schwab Digital Services

Conversion Guide: TD Ameritrade to Schwab

Please contact us at IntegrationSolutio[email protected] to:

 Ensure that you are on our mailing lists, as we send additional updates about

the conversion process

 Receive Schwab data file specs and sample files

 Discuss how trading connections will convert

Our main portal for sharing conversion information with advisors is located here

Included on this website is the advisor Transition Planning Guide

that covers

additional details and FAQs on the overall conversion process.

For ongoing access to documents related to API and SSO migration, please visit our

Participant Portal

For FIX trading related issues, please contact [email protected]

To learn more about the providers we work with, visit

advisorservices.schwab.com/provider-solutions.

Work with us and stay connected

This presentation is for general educational purposes only, specifically for technology vendors that work with

Schwab Advisor Services.

Schwab Advisor Services

™

includes the custody, trading, and support services of Charles Schwab & Co., Inc.

(“Schwab”), a registered broker-dealer and member SIPC

, and the technology products and services of

Performance Technologies, Inc. (“PTI”). Schwab and PTI are separate companies affiliated as subsidiaries

of The Charles Schwab Corporation, but their products and services are independent of each other. PTI’s

integration solutions integrate data about accounts custodied at Schwab.

API integration is available through Schwab OpenView Gateway

, which is provided by PTI. Single sign-on is

provided by PTI. Daily data files and trading integration are available through Schwab. Schwab OpenView

Gateway and Schwab OpenView MarketSquare

are services of PTI.

References to third parties (whether such parties are vendors participating in a service of PTI or independent

advisors using a service of a participating vendor) are not an endorsement or recommendation of, or an opinion

(favorable or unfavorable) or advice about, or a referral to any product or service of any third party. Advisors are

solely responsible for evaluating, selecting, and purchasing products and services offered by third-party

vendors. Unless indicated otherwise, third parties are independent and not affiliated with PTI or its affiliates.

The mention of third-party firms is not, and should not be construed as, a recommendation, endorsement,

or sponsorship by Schwab. These firms are not affiliated with or employees of Schwab.