New York, NY, 10/28/2025 – Pave Finance, Inc. (“Pave”), the next-generation wealth management platform, has today announced its integration with Charles Schwab, the world’s largest registered investment advisory custodian and one of the largest retail brokerage firms. The move enables registered investment advisors (RIAs) to link their Schwab client accounts directly to Pave for automated portfolio construction, management, and trading, all without moving a single client asset.
By deploying automation and removing operational friction, advisors now have the ability to deliver personalized, risk-managed portfolios that scale effortlessly, saving up to 18 hours per week1 without compromising performance.
As the wealth management industry is projected to double in size2 over the next decade, independent RIAs are rapidly gaining market share. Pave’s integration with Charles Schwab represents a major step forward in empowering independents to compete with Wall Street giants, capturing a larger share of a growing market through scalable automation and personalization.
Pave’s proprietary Asset Intelligence Layer and optimization engine, self-proven over more than a decade, has also consistently outperformed the S&P 500 by an average of 285 basis points annually.3 With the Schwab platform providing access to more than 15,000 RIA firms managing more than $4.2 trillion in assets, these firms can now seamlessly leverage Pave’s market-leading technology to improve outcomes for their clients.
Christopher Ainsworth, Chief Executive Officer of Pave Finance, commented: “We’re thrilled to be extending our leading automated wealth management solutions to a new pool of users through this integration with Charles Schwab. With our frictionless and time-saving technology outperforming the returns of popular indices over the last decade, we believe Pave should be a tool in the arsenal of every RIA. Through this integration, we’re picking up momentum and bringing Pave one step closer to achieving this goal.”
Since the integration, 16 firms with a combined $16 billion in assets across 60,000+ client accounts have already adopted the Pave platform, demonstrating strong demand from forward-thinking RIAs.
Pave will be showcasing its innovative portfolio management platform at its third consecutive IMPACT®2025 conference, taking place from November 4 – 6, 2025, in Denver, Colorado.
About Pave Finance, Inc.
Pave Finance, Inc. is a leading provider of wealth management software and services that enable investment advisors to customize, personalize and automate portfolio construction, management, and trading. Pave Finance’s business units include: (i) Pave Labs, LLC, which provides a portfolio management software platform; (ii) Pave Securities, LLC, which is a fully-disclosed introducing broker-dealer; and (iii) Pave Investment Advisors, LLC, which is an SEC-registered investment advisor. Pave Finance’s business model derives three primary streams of revenue: (i) software licensing revenue, which is priced using a SaaS licensing model with users paying a monthly license fee; (ii) broker-dealer revenues including, trading, securities lending, and spreads on credit and debit balances; and (iii) investment advisory fees for the automated management of assets on a discretionary and non-discretionary basis. Pave Finance was founded in 2021 and is based in New York, New York.
- Kitces, Michael. The Kitces Report: How Financial Planners Actually Do Financial Planning. Vol. 2, 2024, Kitces.com, https://www.kitces.com/kitces-report-how-financial-planners-actually-do-financial-planning/.
- Habbel, M., & Jones, D. (n.d.). Bain & Company expects the wealth management market to double in size, exceeding $500 billion in revenues by 2030. Bain. https://www.bain.com/about/media-center/press-releases/2022/bain–company-expects-the-wealth-management-market-to-double-in-size-exceeding-$500-billion-in-revenues-by-2030/
- Net performance of standard portfolio without changes.
Disclosure
Note: Past performance is not indicative of, nor a guarantee of, future results. Performance results are from April 30, 2010, through June 30, 2025.
