Charles Schwab Broker Downloads
« on: September 10, 2021, 12:33:01 PM »
As of September 9th 2021, Charles Schwab has adopted a new file format for automatically downloading brokerage investment activity. This new method is no longer supporting the current OFX (Open Financial Exchange) method that remains the standard and utilized by most financial institutions.  Given this change, users of IAM can no longer automatically access their Schwab brokerage accounts for automatic transactional downloads.  As we work on restoring this automatic functionality for our users, we have in the meantime developed an alternative method for users of IAM to easily import their transactional data.  Attached to this post is a resource guide with step-by-step instructions.  These instructions are also included on our website under the IAM Menu | Guides and Resources. 
 
If any add'l questions, please contact our technical support team directly: techsupport@investmentaccountmanager.com

*

SPL

  • *
  • 2
    • View Profile
Re: Charles Schwab Broker Downloads
« Reply #1 on: December 16, 2021, 07:27:08 AM »
An update on your progress towards "restoring this automatic functionality for our users" will be most appreciated. Thank you.

Re: Charles Schwab Broker Downloads
« Reply #2 on: December 16, 2021, 02:23:05 PM »
As of now, users of IAM that use Charles Schwab brokerage can update accounts thru the import of transactional csv files from the Schwab site.  Posted here is a guide to help you with the process:

https://www.investmentaccountmanager.com/pdf/Schwab_Import_CSV_File_Guide.pdf?1631282528