Corporate Roundup: Schwab Invests in Wealth.com, Blue Ridge Associates Buys QRPS

Schwab Invests in Wealth.com

The Charles Schwab Corporation has made a minority investment in Wealth.com, an estate planning platform in wealth management with aims to modernize how financial advisors help clients of all wealth levels with their estate planning needs.

Schwab’s investment is said to help Wealth.com scale its capabilities to make it easier for financial firms and advisors to provide estate planning services to individuals and families.

“We’re enhancing our wealth management offer by building out trust and estate capabilities that will help us serve our clients’ evolving needs, wherever they are on their financial journeys,” said Neesha Hathi, managing director and head of Wealth and Advice Solutions. “Wealth.com is a leading provider of an intuitive and easy-to-use trust and estates process, powered by Artificial Intelligence.”

“Investors want to conduct more of their financial lives in one place, and advisors are increasingly looking for tools and platforms that enable them to scale their business and grow,” said Rick Wurster, president and CEO of the Charles Schwab Corporation. “Wealth.com is an important first step in building out a support ecosystem for our advisor clients as they respond to investors’ needs, while also providing a scalable and easy-to-use solution for our retail clients to meet more of their financial needs at Charles Schwab.”

“This is more than an investment. It’s the foundation for something much bigger,” said Wealth.com CEO Rafael Loureiro. “Together, we’re reimagining estate planning at scale — delivering modern tools that empower advisors, elevate client outcomes, and redefine what’s possible in wealth management.”

As an extension of this strategic investment, the two firms are also developing opportunities to offer access to Wealth.com’s estate planning tools to Schwab’s clients. Details and launch plans to follow.

The terms of the investment have not been disclosed.