At a glance
- Advisor assets reached $5.85 trillion.
- Schwab said managed investing net flows hit a record $24 billion and that a proprietary long-short investment strategy is in the works.
- MassMutual launched a securities-backed credit line with Supernova as lender.
Schwab said average margin loans tied to RIA long-short strategies reached $51.4 billion in the third quarter, up from $2.8 billion a year earlier.
The company reported a record $190.4 billion of total net new assets in the quarter, including $120.1 billion at its RIA custody unit, up 47% from a year earlier. Advisor assets reached $5.85 trillion.
Schwab said managed investing net flows hit a record $24 billion and that a proprietary long-short investment strategy is in the works.
MassMutual launched a securities-backed credit line with Supernova as lender. MML Investors Services refers the loans and takes no underwriting or credit decisions, and the launch followed a Flourish cash-account announcement by seven days.
Reported by the Features desk from Private Wealth Daily coverage. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections