Indianapolis, IN Office

Team
Updated today

Schwab Wealth Advisory

Enterprise

Firm-wide stats for Schwab Wealth Advisory

Total advisors

1,785

Across 170 offices

Clients per advisor

95 High

Avg AUM per client

$0 Very Low

HNW client ratio

0% Very Low

About

Schwab Wealth Advisory, Inc. serves clients enrolled in the Schwab Wealth Advisory (SWA) program and certain CS&Co.-referred clients, providing non‑discretionary fiduciary investment advice, financial planning, and point‑in‑time wealth management consultations. Its services include guidance on asset allocation and investment selection — including mutual funds, ETFs, SMAs, and alternative investments — while trades are executed only with client authorization.

The firm’s advice is driven by Charles Schwab & Co.’s standard asset‑allocation models and internal research tools (including Schwab Equity Ratings®), with at‑least‑annual reviews and recommendations tailored to each client’s stated goals and risk tolerance. SWAI does not exercise discretionary trading authority, does not monitor accounts continuously between reviews, and typically recommends separately managed accounts that are managed and traded by third‑party or affiliated money managers.

Noteworthy aspects of SWAI’s structure include that it is compensated by Charles Schwab & Co. rather than billing clients directly, and that it is affiliated with a registered futures merchant (Charles Schwab Futures and Forex LLC), an affiliation that is uncommon among large advisory firms. Its large scale — including over $218 billion enrolled in the SWA Program as disclosed — combined with dual‑registered SWAI Associates, frequent use of affiliated funds and platform arrangements, and formal compliance measures (including annual independent audits and supervisory programs) creates distinct conflict‑of‑interest considerations and operational practices compared with many peers.

Based on Schwab Wealth Advisory

Expertise

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting

Based on Schwab Wealth Advisory

Occupation focus

Retired

Based on Schwab Wealth Advisory

Location

Indianapolis IN

Advisors at this office

8

Advisors at this office

user avatar

Lauren C

Series 66

Indianapolis, IN

Schwab Wealth Advisory

Lauren Cook is a Series 66-licensed financial advisor with nine years of industry experience. She is currently with Schwab Wealth Advisory, where she has worked since 2021, following roles at Truist Advisory Services, BB&T Securities, Equity Services, and Thoroughbred Advisors/National Life Group. Based in Indianapolis, IN, she advises clients within Schwab's wealth management framework. Schwab Wealth Advisory, Inc. provides non-discretionary fiduciary investment advice and financial planning to clients enrolled in the Schwab Wealth Advisory program or referred by Charles Schwab & Co. The firm’s services focus on asset allocation and investment selection using Schwab’s proprietary research and standard models, with trades requiring client authorization and reviews conducted at least annually.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Justin S

Series 63, Series 66

Indianapolis, IN

Schwab Wealth Advisory

Justin Stewart is a financial advisor with Schwab Wealth Advisory in Indianapolis, IN. He holds Series 63 and Series 66 designations and has nine years of industry experience. He has been associated with Charles Schwab since 2015 and joined Schwab Wealth Advisory in 2025. Schwab Wealth Advisory, Inc. provides non-discretionary fiduciary investment advice, financial planning, and wealth management consultations primarily to clients enrolled in the Schwab Wealth Advisory program and certain referred clients. The firm utilizes Charles Schwab’s standard asset-allocation models and internal research tools to deliver tailored recommendations based on clients’ goals and risk tolerance.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Janessa H

Series 63, Series 66

Indianapolis, IN

Schwab Wealth Advisory

Janessa Herrick is a financial advisor at Schwab Wealth Advisory with 9 years of industry experience. She holds Series 63 and Series 66 licenses and has worked at Schwab Wealth Advisory Inc. since 2025 and Charles Schwab & Co., Inc. since 2016. Schwab Wealth Advisory, Inc. provides non-discretionary fiduciary investment advice, financial planning, and wealth management consultations to clients in the Schwab Wealth Advisory program and certain referred clients. The firm’s advice is based on Charles Schwab & Co.’s asset-allocation models and internal research, offering tailored recommendations without exercising discretionary trading authority.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Lauran R

Series 63, Series 65, Series 66

Indianapolis, IN

Schwab Wealth Advisory

Lauran Reynolds is a financial advisor with Schwab Wealth Advisory Inc., holding Series 63, Series 65, and Series 66 licenses and eight years of industry experience. Her career includes roles at Charles Schwab since 2018 and three years at Winthrop Capital Management. Schwab Wealth Advisory, Inc. provides non-discretionary fiduciary investment advice and financial planning primarily to clients enrolled in the Schwab Wealth Advisory program, using Charles Schwab & Co.'s asset-allocation models and research tools to guide investment decisions.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Brenda P

Series 63, Series 65

Indianapolis, IN

Schwab Wealth Advisory

Brenda Pierce is a financial advisor with Schwab Wealth Advisory in Indianapolis, IN. She holds Series 63 and Series 65 licenses and has 9 years of industry experience. Pierce has been with Schwab Wealth Advisory and Charles Schwab since 2015. Schwab Wealth Advisory serves clients enrolled in the Schwab Wealth Advisory program and certain Charles Schwab-referred clients, providing non-discretionary fiduciary investment advice, financial planning, and point-in-time wealth management consultations. The firm’s guidance is based on Schwab’s proprietary asset-allocation models and research tools, offering tailored recommendations without exercising discretionary trading authority.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Stephen K

CFP®, Series 66

Indianapolis, IN

Schwab Wealth Advisory

Stephen Krout is a CFP® and Series 66 professional with four years of industry experience. He is currently with Schwab Wealth Advisory, having previously worked at Charles Schwab & Co., Inc. and Charles Schwab Bank, SSB. Before entering financial services, he was employed by Celadon Trucking Services. Schwab Wealth Advisory, Inc. provides non-discretionary fiduciary investment advice, financial planning, and wealth management consultations primarily for clients enrolled in the Schwab Wealth Advisory program and select referrals. The firm uses Charles Schwab’s asset allocation models and internal research tools to guide clients on investment selection, while trades require client authorization.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Stephen S

Series 63, Series 66

Indianapolis, IN

Schwab Wealth Advisory

Stephen Sexton is a financial advisor at Schwab Wealth Advisory with 21 years of industry experience. He holds Series 63 and Series 66 licenses and has been with Charles Schwab since 2006. Based in Indianapolis, IN, he began his role at Schwab Wealth Advisory in 2025. Schwab Wealth Advisory serves clients enrolled in the Schwab Wealth Advisory program and certain Charles Schwab & Co.-referred clients by providing non-discretionary fiduciary investment advice, financial planning, and wealth management consultations. The firm employs Charles Schwab’s asset-allocation models and internal research tools to offer tailored recommendations, with trades executed only upon client authorization.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
user avatar

Alexander M

CFP®, Series 63, Series 66

Indianapolis, IN

Schwab Wealth Advisory

Alexander Molnar is a CFP® professional with five years of industry experience, currently serving at Schwab Wealth Advisory, Inc. He has worked within the Charles Schwab organization since 2020. Molnar is a member of the Pokagon Band of Potawatomi. Schwab Wealth Advisory, Inc. provides non-discretionary fiduciary investment advice and financial planning to clients enrolled in the Schwab Wealth Advisory program and certain Charles Schwab & Co.-referred clients. The firm’s services focus on asset allocation and investment selection using Schwab’s proprietary models and research tools, with trades executed only upon client authorization.

Retirement income strategy Equity compensation tax strategy Tax-loss harvesting Retired
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