Trading platforms including Charles Schwab Corp., Robinhood Markets and Vanguard say their clients may encounter problems using their websites Monday.
Charles Schwab Corp. says its website may be intermittently inaccessible for some clients.
“We are aware of an intermittent issue that some clients may be having this morning with accessing our website,” Schwab said in a statement. “We are working rapidly to resolve the issue and apologize to our clients for the inconvenience. We are asking our clients to try and log in using the mobile app.”
Robinhood Markets said it’s having issues with equities, options and cryptocurrency trading and is working to resolve the problem.
“Some users are experiencing issues with delayed order status updates,” the company said on its website Monday. “These are display issues only, and should not impact order execution. We are working to resolve this as soon as possible.”
More than 2,900 issues have been reported on Downdetector.
A representative for Robinhood did not immediately respond to a request for comment
Vanguard says it understands some clients are having difficulty accessing their accounts on the company’s website.
TD Ameritrade Holding Corp. also says there was a latency issue Monday morning.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
