Charles Schwab, the country’s largest custodian for registered investment advisors, is on track to roll out spot cryptocurrency trading, transfers, and custody services for its advisor channel by mid-2027 — a move that could reshape how trillions of dollars flow into digital assets through professional wealth management.

The disclosure came at Schwab’s Advisor Services Midyear Media Roundtable on May 28, where Jalina Kerr, Managing Director and Head of Advisor Experience, confirmed the timeline. 

The advisor product is distinct from what Schwab rolled out to retail clients this spring. In April 2026, the bank announced Schwab Crypto™, a spot Bitcoin trading service for…

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