Schwab Advisor Services has launched the Virtual Practice Management (VPM), an on-demand content and programs product designed to help independent investment advisors who custody with Schwab reach their strategic goals, the company announced yesterday in a news release.
VPM programs deliver guidance at the convenience of the advisor and are supplemented with opportunities to work with Schwab consultants, as well as to connect with other advisors, the company said.
Advisors can participate on their own terms and without leaving their offices, making it suitable for those who may have limited time to travel to conferences or seminars.
Programs that assist advisors with cybersecurity and strategic planning will be available soon, Schwab said.