Schwab bets less is more with revamped Portfolio Center
Financial Planning Online, Sean Allocca, Wednesday, 24 April 2019
In a world of open architecture and almost infinite tech choices, less might soon be more.
Charles Schwab’s new portfolio management software may reflect a new paradigm where firms are asking for simpler offerings with less customization to ease the pressures of choosing the right mix. And as smaller firms and breakaway teams not accustomed to creating tech stacks flourish, an open architecture style with a standardized desktop and basic options might be a more attractive way forward.