Advisor Services Cost Basis Associate
Your Opportunity
Your opportunity
We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).
Schwab Advisor Custody and Trading (ACT) provides custodial, operational, and trading support to independent fee-based investment advisors (RIAs). As a partner to these independent RIAs, Schwab ACT focuses on meeting their needs and supporting both their business and client goals through collaborative relationships.
The Advisor Services Cost Basis Team supports Schwab advisors with tax, cost basis, and statement inquiries. Daily duties include responding to phone calls about cost basis, tax reporting, statements, and researching corporate actions while providing tailored solutions. We focus on superior customer service and attention to detail. Successful team members are eager learners who thrive in a fast-paced, professional setting.
Key responsibilities may include:
- Answer in-bound calls from Advisors, and internal business partners
- Respond to client and service team requests received via email
- Conduct training for Advisors and Business Partners
- Accurately process statement and cost basis enrollment forms
What you have
To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
- Candidates must possess the ability to conduct superior follow-up, along with excellent interpersonal, verbal, and written communication skills
- 6+ months’ Customer Service experience (internships and collegiate activities will be considered)
- Strong organizational and analytical skills. Ability to prioritize and coordinate multiple processes/projects
- Analytical and problem-solving skills
- Team orientation, enthusiasm, professionalism and strong work ethic with high level of integrity and ethics
- Knowledge in internet-based research, personal workstations/desktop applications
- Intermediate Excel skills- ability to handle large amounts of data using Excel
Preferred Qualifications:
- Bachelor’s degree or 1+ year experience in the financial industry
- Experience working with regulatory or risk issues preferred
- SIE or Series 7 preferred, but not required
- Cost basis and tax knowledge is preferred but not required.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
- Candidates must possess the ability to conduct superior follow-up, along with excellent interpersonal, verbal, and written communication skills
- 6+ months’ Customer Service experience (internships and collegiate activities will be considered)
- Strong organizational and analytical skills. Ability to prioritize and coordinate multiple processes/projects
- Analytical and problem-solving skills
- Team orientation, enthusiasm, professionalism and strong work ethic with high level of integrity and ethics
- Knowledge in internet-based research, personal workstations/desktop applications
- Intermediate Excel skills- ability to handle large amounts of data using Excel
Preferred Qualifications:
- Bachelor’s degree or 1+ year experience in the financial industry
- Experience working with regulatory or risk issues preferred
- SIE or Series 7 preferred, but not required
- Cost basis and tax knowledge is preferred but not required.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.