How to Connect Your Charles Schwab Account to Claude

How to Connect Your Charles Schwab Account to Claude# permalink to this section

Schwab gives you a lot to work with: brokerage accounts, IRAs, a checking account through Schwab Bank, and thinkorswim for anyone trading more actively. That's also the problem. Understanding your full picture means piecing together several different views inside the same login. Connecting Schwab to Claude turns those separate views into one answer.

What You Can Connect# permalink to this section

Account Type	Supported
Individual or joint brokerage	Yes
Roth IRA	Yes
Traditional IRA	Yes
Schwab Bank checking	Yes
Options and margin positions	Yes, read-only

Schwab Bank accounts sync the same way as the brokerage side, which means your checking balance and your portfolio can show up in the same answer.

How to Connect It# permalink to this section

Create your free OpenBudget account.
Select Schwab from the institution list and log in with your Schwab credentials through Plaid's secure, read-only connection. OpenBudget can see your data but never has the ability to trade or move funds.
Your brokerage, IRAs, and Schwab Bank accounts sync automatically.
Install the MCP server for Claude, a one-time setup step covered in our step-by-step connection guide.
Ask your first question.

The whole process takes about five minutes.

What to Ask Once You're Connected# permalink to this section

How is my portfolio allocated across sectors right now?

How much cash am I holding in my Schwab checking account versus invested in my brokerage?

What's my total return this year across my brokerage and IRA combined?

Why Seeing Cash and Investments Together Matters# permalink to this section

A lot of Schwab users keep meaningful cash sitting in Schwab Bank while their brokerage account is fully invested, or the reverse, with cash sitting uninvested in the brokerage account waiting to be deployed. Neither view alone shows you that. Since Schwab Bank and Schwab brokerage sync into the same place, a question like "how much of my money is actually invested right now" gets a real answer instead of requiring you to add up two account screens by hand.

This is the same idea behind tracking your dividend income automatically across accounts. Once everything syncs into one place, questions that used to require cross-referencing multiple tabs become a single sentence.

The Bottom Line# permalink to this section

Schwab already covers banking and investing under one roof. Connecting it to Claude makes that combination actually useful day to day, letting you ask about allocation, cash position, or performance without opening three different sections of the Schwab app.

Get started at openbudget.sh →