Now broadly available, Schwab’s new hybrid advice service combines the benefits of people and technology at an ultra-low cost
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Schwab Intelligent Advisory online planning tool (Graphic: Business Wire)
“Schwab Intelligent Advisory provides a modern approach to financial planning and wealth management that delivers on what today’s consumers expect: a personalized experience that leverages technology to make the process easier – all at a great value,” said
Schwab Intelligent Advisory, which was first announced in
- A comprehensive financial and investment plan that starts with a self-guided online planning tool, and is followed by a conversation with a credentialed Planning Consultant.
- Ongoing guidance from a team of
Planning Consultantswho are all CERTIFIED FINANCIAL PLANNER™ professionals via phone or videoconference.
- Fully automated, diversified portfolios using Schwab Intelligent Portfolios® asset allocations. The portfolios are comprised of low-cost exchange-traded funds (ETFs) from Schwab and third party providers including Vanguard, iShares and PowerShares.
- An engaging, interactive experience and customized dashboard where clients can view their plan, their progress toward goals, and portfolio performance – from both a desktop and mobile device.
Schwab Intelligent Advisory is designed for an investor who is focused on keeping costs low, has multiple goals but doesn’t have a highly complex financial situation, and understands the importance of developing a personalized plan. The service will also appeal to those who prefer to leverage technology to get things done, want to be in control of their finances, and appreciate having the ability to engage with a salaried financial professional when needed.
“Planning is critical to successful investing, but not enough people have a financial plan,” said
The service offers a completely paperless account opening and account management experience, and clients can establish automated account funding on a recurring basis, as well as fund accounts using mobile check deposit.
Schwab will continue to offer its automated investing service Schwab Intelligent Portfolios, offered through
More information about Schwab Intelligent Advisory is available at www.schwab.com/intelligentadvisory.
Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.
Please read the Schwab Intelligent Advisory™ disclosure brochures for important information about this program.
Schwab Intelligent Advisory™ is made available through
1 Please read the Schwab Intelligent Portfolios disclosure brochures for important information, pricing, and disclosures relating to Schwab Intelligent Portfolios. Schwab Intelligent Portfolios charges no advisory fee. Schwab affiliates do earn revenue from the underlying assets in Schwab Intelligent Portfolios accounts. This revenue comes from managing Schwab ETFs™ and providing services relating to certain third party ETFs that can be selected for the portfolio, and from the cash feature on the accounts. Revenue may also be received from the market centers where ETF trade orders are routed for execution.
Schwab Intelligent Portfolios™ is made available through
Through its operating subsidiaries,
Brokerage Products: Not FDIC Insured • No Bank Guarantee •