CB3 Moves to Charles Schwab – What Clients Need to Know

In this client update, we explain why CB3 is transitioning custody to Charles Schwab and what it means for you. After five months of due diligence across four major custodians, Schwab stood out for simple login consolidation, true householding, and 24/7 human support. You will get commission free stock and ETF trading, low cost options at 65 cents per contract, strong execution with frequent price improvement, and a polished mobile experience with Face ID, Apple Watch checks, and push notifications. Householding lets spouses and families see the same lineup of accounts, with consolidated statements, 1099s, and a clear audit trail.

We also introduce our systematic options hedging program at Schwab. This is not speculation. It is portfolio insurance using long puts financed in part by short puts, rolled quarterly in March, June, September, and December. The goal is to soften the ride in major drawdowns and avoid life changing losses while keeping you invested. We cover how block trading gives every client the same fill, why limited margin appears on options accounts, and when we may add or adjust hedges if markets worsen.

Plus, a quick market view: earnings breadth remains strong and the secular bull trend is intact despite headline shocks. Send your questions, then subscribe to get future updates.