Cashmere native to lead new Charles Schwab Independent Branch

Wenatchee Independent Branch now fully available for virtual investing help and guidance

Rick Deich

Charles Schwab, one of the largest full-service investment services firms in the country, has opened a new independent branch in Wenatchee that provides investors with local access to a range of investing, wealth management and personal finance guidance, products and services.

As a result of COVID-19 and Schwab’s commitment to the health and well-being of its representatives, personnel, clients and the community, the Wenatchee branch is temporarily closed to public access, but the branch is fully available to support clients virtually during this period of economic and stock market volatility and uncertainty. Clients and non-clients can contact the branch directly at 509-415-7120.

The Wenatchee branch is led by Schwab Independent Branch Leader Rick Deich, a financial services professional with more than 20 years of industry experience. Prior to joining Schwab’s independent branch network, Rick was an independent financial advisor with Financial Alternatives in Wenatchee.

“Given the current environment, people have a lot of questions about how to approach their finances and investments, so it’s more important than ever to make help and guidance accessible in Wenatchee,” said Deich. “Although we are temporarily not able to meet with clients in-person, we remain focused on Schwab’s commitment to be an advocate for the individual investor and provide them with the help and resources they need.”

Rick is a native of Cashmere, WA, and a graduate of both Cashmere High School and Eastern Washington University with a BA in Business Administration.  He holds the Certified Fund Specialist designation.  Rick is also on the Confluence Health Foundation Board of Trustees.

The new Wenatchee location, located at 1048 Springwater Avenue, is part of a larger franchising initiative Schwab announced in early 2011. Schwab’s decision to begin opening franchise branches, in addition to its more than 300 existing company-managed branches, is grounded in a commitment to make financial advice and planning more accessible in local communities across the country. Schwab’s company-managed and independent branches deliver the same suite of brokerage products and services, pricing, and overall client service and experience.  

Schwab is actively monitoring information and guidance provided by local, state and federal CDC officials and will communicate updates or changes to in-person branch access as quickly as possible.

In the meantime, in addition to contacting the Wenatchee branch directly for virtual assistance, Schwab clients can also engage with the firm through it’s website at, online chat, and the Schwab mobile app.

Once the Wenatchee branch reopens to public access, Rick expects to hold a range of complimentary educational investing workshops, which are available to Schwab clients as well as the general public.

Schwab’s Wenatchee branch will serve communities in Central and Eastern Washington.
About Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity. More information is available at Follow us on Twitter, Facebook, YouTube and LinkedIn.
Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC,, and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.comand
Investing involves risk including loss of principal. Investment strategies cannot guarantee a profit or protect against loss in declining markets and may not be suitable for everyone. Presentations are informational and should not be considered personalized investment advice or recommendations.


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