New Rules at Schwab - LLC accounts

I have 8 files that are mostly for LLCs, all of which have Schwab accounts. When I disable and try to reenable them, only 4 accounts show up as authorized to link to Quicken. All were individual accounts. I found out Schwab and maybe Quicken have changed the rules so that LLC accounts will no longer be authorized to link (in fact any Schwab account for an entity in which the owner is the agent under Schwab's account definition will not be authorized to link). They are still figuring our corporations but they will probably also lose the ability to link. It's a pretty big deal and came with no warning from Schwab.


  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    I can't see any Quicken would care how your accounts are managed, or for that matter how they would even know how they're managed.

    So far people have reported that LLCs, POAs, and view only accounts are not available for download.
    (I'm always using the latest Quicken Windows Premier subscription version)
    This is my website:
  • thecreator
    thecreator SuperUser ✭✭✭✭✭

    Try a Brand New Quicken Data File. Name it Quicken-invest. It works.
    thecreator - User of Quicken Subscription R36.45  USA & Quicken 2017 HBRP R20.6 USA
                       Windows 10 Pro 32-Bit Build 19044.1348
                       Windows 11 Pro 64-Bit Build 22000.318
    also            Windows 10 Pro 64-Bit Build 19044.1348


  • JimMa
    JimMa Member
    I received this same feedback from Schwab Technical Services. In my case, it was two LLC accounts that do not appear on the "link account" screen. Schwab said it was for security purposes that they will no longer automatically download transactions, but offered no explanation why these accounts differed from other investment accounts. I agree with the original post this is big deal.
  • pmeyers
    pmeyers Member
    I tried the Quicken-invest, but same problem. By the way, Quicken tech support had no idea of the new rules. I don't think Schwab said anything before instituting this
  • David White
    David White Member ✭✭
    Try linking the llc accounts to schwab bank Investor C server. seemed to work for me but not sure about new transactions yet.