|
Feb 18
|
|
$95.38
$95.38
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Tracking Al Gore's Generation Investment Mana...
|
|
Feb 18
|
|
$95.38
$95.38
-0.0%
|
LONG
|
Michael Batnick
Managing Partner, Ritholtz Wealth Management
|
Schwab stock dropped 10% on news that a competitor (Altruist) released an AI tax tool. The market's reaction suggests a fundamental misunderstanding of the industry. The idea that a single AI tax feature would dismantle the moats of massive custodians like Schwab, Raymond James, or LPL is "a joke." The sell-off is an irrational "recency bias" event where algorithms are selling on AI headlines without understanding the business durability. Continued algorithmic selling or genuine disruption in wealth management fees over the very long term. |
The Compound News
Is AI a Mistake? | Animal Spirits 452
|
|
Feb 18
|
|
$95.38
$95.38
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Charles Schwab Foundation Expands Partnership...
|
|
Feb 18
|
|
$95.38
$95.38
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Is Charles Schwab (SCHW) At An Attractive Pri...
|
|
Feb 17
|
|
$93.08
$95.38
+2.5%
|
SHORT
|
Narrator
Financial Reporter
|
The narrator explicitly states, "Look at the stock slides of companies like Salesforce, Charles Schwab and Blue Owl. Investors are concerned that AI might be able to replicate their offerings soon." This is the "Obsolescence Discount." As AI agents (like the Altruist tool mentioned) automate complex tasks like tax strategy and customer relationship management, the moats of legacy "System of Record" companies and human-heavy wealth managers evaporate. The market is repricing these firms from "growth compounders" to "distressed assets." SHORT. The narrative has turned; every new AI capability release will act as a negative catalyst for these stocks. AI integration by these incumbents could prove successful, proving they can adapt rather than die. |
Bloomberg Markets
Are AI Fears Triggering a Stock Market Doom L...
|
|
Feb 17
|
|
$93.08
$95.38
+2.5%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Charles Schwab quietly boosts stake in MicroS...
|
|
Feb 17
|
|
$93.08
$95.38
+2.5%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Looking for Growth? 3 Schwab ETFs to Consider...
|
|
Feb 17
|
|
$93.08
$95.38
+2.5%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
RIAs Will Need Twice As Many New Staffers to ...
|
|
Feb 16
|
|
$93.72
$95.38
+1.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Schwab Total Client Assets Jump 17.6% Y/Y in ...
|
|
Feb 14
|
|
$93.72
$95.38
+1.8%
|
AVOID
|
Joseph Wang
Author, Central Banking 101
|
"We saw huge amounts of selling and the SAS stocks and even some wealth management stocks... perceived to be disrupted by AI." The speaker validates the market's fear by confirming that AI *does* replace service jobs (editing, legal research, wealth advising). If AI can perform "white collar" tasks (like tax efficiency strategies or contract editing) cheaper than humans or legacy software, these specific sectors face margin compression and revenue loss. Avoid sectors where AI is a direct substitute for the core service product. These companies successfully integrate AI to upsell rather than being replaced by it. |
Joseph Wang
Markets Weekly February 14, 2026
|
|
Feb 14
|
|
$93.72
$95.38
+1.8%
|
NEUTRAL
|
Finnhub News
|
The headline questions Charles Schwab's preparedness for an AI-driven advisory future following a competitor's new tax tool. |
Finnhub - SCHW
Is Charles Schwab (SCHW) Ready for an AI-Driv...
|
|
Feb 14
|
|
$93.72
$95.38
+1.8%
|
NEUTRAL
|
Finnhub News
|
This headline offers general financial advice on how individuals can accurately assess their personal wealth. |
Finnhub - SCHW
Are You Wealthier Than You Think? How To Accu...
|
|
Feb 14
|
|
$93.72
$95.38
+1.8%
|
SHORT
|
Finnhub News
|
Charles Schwab is facing challenges and increased scrutiny over its valuation due to the impact of AI wealth tools. |
Finnhub - SCHW
AI Wealth Tools Rattle Charles Schwab As Valu...
|
|
Feb 13
|
|
$93.72
$95.38
+1.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Dodge & Cox's Strategic Moves: A Closer Look ...
|
|
Feb 13
|
|
$93.72
$95.38
+1.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Here's Why The Charles Schwab Corporation (SC...
|
|
Feb 13
|
|
$93.72
$95.38
+1.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
Schwab Reports Monthly Activity Highlights
|
|
Feb 13
|
|
$93.72
$95.38
+1.8%
|
NEUTRAL
|
Finnhub News
|
The headline indicates an analysis of Charles Schwab Corporation's recent short interest data. |
Finnhub - SCHW
Peering Into Charles Schwab Corp's Recent Sho...
|
|
Feb 13
|
|
$93.72
$95.38
+1.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
P/E Ratio Insights for Charles Schwab
|
|
Feb 12
|
|
$94.76
$95.38
+0.7%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
AI Fears Hit Charles Schwab and Other Financi...
|
|
Feb 12
|
|
$94.76
$95.38
+0.7%
|
LONG
|
Devin Ryan
Citizens JMP
|
Ryan argues the selloff in Wealth Managers (Schwab, Morgan Stanley) due to AI fears is wrong. AI is a productivity tool, not a replacement for relationship-based advice. The market has incorrectly priced these firms as "disrupted" when they will actually become more efficient. LONG Financials/Wealth Managers as a contrarian value play against the "AI Death" narrative. AI agents actually do begin to erode fee structures faster than anticipated. |
Bloomberg Markets
Bloomberg Surveillance 2/12/2026
|
|
Feb 12
|
|
$94.76
$95.38
+0.7%
|
N/A
|
Finnhub News
|
— |
Finnhub - SCHW
The Volatility Illusion: S&P Flat While Stock...
|
|
Feb 11
|
|
$95.13
$95.38
+0.3%
|
LONG
|
Robert Frank
Reporter
|
Wealth management stocks dropped 7-9% after Altruist announced an AI tax planning tool, sparking fears that algorithms will replace human advisors. The sell-off is labeled an "overreaction." While AI will drive fee compression and consolidation, high-net-worth clients (the target demographic for these firms) still demand human judgment and relationship management. AI will likely reduce back-office costs rather than replace the core advisor role at the high end. Buy the dip on the overreaction; top firms adapting to AI will survive and consolidate. Continued fee compression and faster-than-expected AI adoption by low-cost competitors. |
CNBC
Squawk Pod: January’s jobs picture & AI disru...
|
|
Feb 11
|
|
$95.13
$95.38
+0.3%
|
LONG
|
Rick Wurster
President & CEO, Charles Schwab
|
Stock fell ~7% on fears a startup (Altruist) launched an AI tax tool. Schwab has 46 million clients and massive data scale. They are already implementing AI (e.g., Wealth.com partnership). AI will make their advisors more efficient, not obsolete. The selloff is an overreaction. LONG SCHW (CEO explicitly bullish and owns stock). Fee compression if AI tools democratize complex tax strategies. |
Bloomberg Markets
Bloomberg Surveillance 02/11/2026
|
|
Feb 11
|
|
$95.13
$95.38
+0.3%
|
LONG
|
Rick Wurster
President & CEO, Charles Schwab
|
"For us AI is a real accelerant... Our cost to serve an account has come down 21%. On an inflation-adjusted basis that is 41%." The market is currently pricing AI as a deflationary threat (fee compression/disruption) to wealth managers. However, the data shows AI is actually driving operating leverage (lower costs per account). If incumbents with massive distribution (46M clients) can integrate AI tools (like Wealth.com) to improve advisor efficiency rather than being replaced by them, the sell-off is a mispricing of margin expansion potential. LONG. The "AI threat" is actually an "efficiency unlock" for dominant incumbents. If AI agents successfully commoditize complex tax/estate planning faster than Schwab can integrate them, fee pressure will materialize. |
Bloomberg Markets
AI Will Help Wealth Managers, Not Hurt Them, ...
|
|
Feb 10
|
|
$98.92
$95.38
-3.6%
|
SHORT
|
Deirdre Bosa
Anchor/Reporter, CNBC Tech Check
|
A startup called Altruist launched an AI-powered tax planning tool that does in minutes what advisors charge thousands for. The speaker notes, "That is all the market needs right now to reprice an entire sector," specifically citing Schwab selling off. The market views AI as a deflationary force for professional services. If AI commoditizes high-margin advisory and tax planning tasks, the "moat" of traditional brokerages and wealth managers erodes, leading to margin compression and customer churn. Negative sentiment is currently dominating this sector; any new AI fintech announcement acts as a catalyst for selling incumbents. The startup (Altruist) fails to gain adoption, or incumbents like Schwab successfully integrate similar AI tools to defend their turf. |
CNBC
U.S. vs. China AI spending gap widens
|
|
Feb 10
|
|
$98.92
$95.38
-3.6%
|
LONG
|
Karoline Leavitt
White House Press Secretary
|
The "Trump Accounts" program launches, providing $1,000 from the Treasury to every child born 2025-2028, plus tax-advantaged contribution limits, specifically to "build wealth" in the stock market. This is essentially a government-funded funnel of liquidity directly into US equities. Asset managers and brokerages will see a surge in new account openings and AUM (Assets Under Management) without having to spend on customer acquisition costs (CAC), as the government is driving the signup. LONG Asset Managers/Brokerages. This creates a sticky, long-term revenue stream and a structural bid for the market. If the program is challenged fiscally or participation rates are low, the AUM boost may be priced in prematurely. |
CNBC
White House press secretary Karoline Leavitt ...
|