Step 1. - Login to Schwab Institutional
Log into Schwab Institutional and select Account Management at the top of the page.
Step 2. - Go to Account Management
Go to the Account Management
Step 3. - Go to Forms Library
Select Forms library
Step 4. - Search for Data Access Agreement
Search for “Request for Data Access Agreement”. To the right of that form, click Submit Request.
Step 5. - Complete Data Access Agreement
Complete the required fields for Advisor & Firm Information, Master Accounts, and the Third-party data recipient information listed below.
Recipient and Signer should be: Bridge Financial Technology Inc
Email: [email protected] or [email protected]
Additional request details: Please include Yayati LLC at [email protected] in the DocuSign email to authorized signers.
Step 6. - Execute DocuSign
Within three business days, you, BridgeFT, and Yayati will receive an email notification to sign the form via DocuSign. Open that email and click the link on the email notification and provide your signature.
After all signatures are obtained, Schwab will assign the master account to BridgeFT and send a notification to BridgeFT and Yayati.
If you have questions about the data access set up process, call Advisor Platform Support at 800-647-5465.
(Optional) Firm Level ROI
Completing an ROI at a firm level master account number provides all of the advisor codes within that master account. This allows advisors to complete the ROI process once for essentially an umbrella master account number that encompass the other relevant master accounts that can then feed into BridgeFT. This Firm Level ROI is communicated to BridgeFT through a FAM file from Schwab.
Pre-requisite: This must be set up with Schwab in advance before completing this optional step.
In order to get this set up with Schwab:
Call the Schwab Advisor Platform Support team at 800-647-5465.
Reference the Firm's SL Master and request the FAM file be generated for your feeds.
As a result, the FAM File for your firm will be added to the data feed to BridgeFT. Included in this file is a Client to Advisor (Master #) relationship.
(Optional) Multiple Master Accounts
If you are intending to manage accounts that span more than one Master, each master account number needs to be requested in Step 1. Schwab requires that a separate request is completed each time a new master account is authorized.
For additional information, please visit Schwab’s Direct Instruction Link.