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Schwab Joins Fidelity in Credential-Sharing Crackdown
InvestmentNews; subscription may be required Link to more items from this source
Nov. 10, 2025

"Schwab has asked clients to reset their login credentials, a request coming shortly after Fidelity took similar action to limit third-party vendor access to 401(k) and other customer accounts. Like Fidelity, Schwab has cited protecting client data in their attempts to limit credential sharing of a client's username and password. Third party fintech firms such as Pontera have adopted credential-sharing technology to connect selected outside advisors with held-away assets such as 401(k) accounts from retirement plan providers."  MORE >>

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