Charles Schwab Corp. will take the fight for ultra-high-net-worth clients to Northern Trust, J.P. Morgan and Goldman Sachs-- in part through RIAs -- 17 years after a similar effort proved 'premature'

Under new president, Rick Wurster, Schwab bought Family Wealth Alliance and a stake in Dynasty Wealth but UHNW effort still does not include key classic-RIA ingredient -- discretionary managemetn of assets