Opening a PAL (Pledged Asset Line) in Schwab

Published May 15th, 2025 by Jason Kobza

Quick Information: This will work as a Line of Credit for up to 70% of a client's non-qualified account balances.  It takes about 1 day to open and about 1 day to receive the funds via wire.  The rate will be based on asset value:   Useful contact information: Alynn Eubanks < Alynn.Eubanks@Schwab.com > - Our current Schwab Rep Shea Dersham  &l