Schwab taps Andrew Salesky to lead adviser technology

Andrew Salesky is now in charge of technology solutions at Charles Schwab Advisor Services. With more than 20 years at Schwab, Mr. Salesky most recently led the firm's global data efforts within the digital services team. According to a statement from the company, Mr. Salesky "has an extensive background that includes expertise in firmwide data and analytics and client relationship leadership." In 2011, he oversaw the opening of Schwab's first franchised branch office as head of Independent Branch Services. Many independent advisers who custody with Schwab were concerned at the time that the retail franchise model would compete with their own business. Mr Saleskly took over as the leader of the branch network 11 months later, following the departure of Jeff Carney. He replaces Ed Obuchowski, who in April left Schwab to become chief technology officer at Advisor Group.