Schwab Consulting Services, a subsidiary of Charles Schwab & Co., has chosen Checkfree Investment Services'APL Wrap to streamline trading, straight through processing and portfolio reporting requirements of Schwab's new managed account service for independent, fee-based investment advisers. The new service, Managed Account Select, offers advisers access to approximately 50 money managers representing over 12 investment styles. Checkfree APL Wrap

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