NDEX Expands Schwab Partnership for RIA Platform
NDEX Systems will offer registered investment advisers its wealth management platform and data aggregation tools through Schwab Advisor Services.
Updated on Nov. 3, 2026 in Financial Planning
NDEX Systems expanded its relationship with Schwab Advisor Services to give registered investment advisers access to its wealth management platform and data aggregation capabilities. The offering lets firms consolidate information from multiple custodians and asset types into one application.
Why it matters
Advisers working with multiple custodians often juggle separate systems and manual data reconciliation, which the NDEX offering aims to consolidate. The expansion extends NDEX's existing Schwab integrations, which support automated daily data feeds, single sign-on, client onboarding and trading.
NDEX Data Bridge and F-Engine can be subscribed to separately, and NDEX Data Solutions and Wealth Management Solutions are listed in the Schwab Advisor Services technology provider directory. Data reconciliation is performed back to Schwab data and reporting standards.
The players
NDEX Systems
NDEX Systems is a provider of data aggregation and multi-custodian wealth management technology used by financial advisory firms.
Schwab Advisor Services
Schwab Advisor Services is the custodial and technology division of Charles Schwab that supports registered investment advisers.
The details
NDEX ingests custodial data feeds and other financial records, then normalizes and reconciles that information for use across a firm's systems and workflows. The company says it is working on further integration to support advisors working with Schwab.
Timeline
November 3, 2026: NDEX announces its expanded Schwab relationship.
Market Dynamics
NDEX's expansion sits within Schwab Advisor Services' technology provider directory, where third-party vendors plug into custodial infrastructure used by registered investment advisers. The arrangement reflects how RIAs increasingly rely on outside data aggregation tools to manage multi-custodian client portfolios.
For clients of registered investment advisers who hold accounts at several custodians, consolidated reporting and automated data feeds can reduce reconciliation delays in their adviser's statements. The practical effect depends on whether a given adviser adopts the NDEX platform.
The takeaway
Investors working with an adviser can ask whether that firm consolidates data from all of their custodians and how often account information is reconciled. Clear answers to those questions help clients judge how current their reporting is.
Further reading
For broader context on how advisers organize client plans across accounts, see Financial Planning.
Source note: This article includes information reported by North Bay Nugget.
