Schwab surprises analysts with extra rapid launch of own MCP servers, also leaping from read-only to agentic (get stuff done) AI; it leaves RIAs out for now, and makes Anthropic’s days numbered as Schwab’s exclusive LLM – RIABiz

Charles Schwab has launched its own Model Context Protocol (MCP) servers ahead of analyst expectations, expanding beyond read-only capabilities to include agentic AI that can execute tasks. The rollout currently excludes registered investment advisors (RIAs), while Schwab’s move suggests a potential shift away from exclusive reliance on Anthropic as its large language model provider.

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