Charles Schwab Investment Management, operating as Schwab Asset Management, provides investment management and advisory services to mutual funds, exchange-traded funds, collective trust funds, and separately managed account strategies. The firm offers a wide range of investment strategies, including equity, fixed income, and multi-asset portfolios, utilizing various approaches such as index tracking, dividend growth investing, and tactical asset allocation. Charles Schwab Investment Management primarily serves individual investors through various program offerings—such as Schwab Intelligent Portfolios, Schwab Managed Portfolios, and Schwab Personalized Indexing—as well as institutional clients and other financial intermediaries. The firm focuses on portfolio management and asset allocation rather than comprehensive financial planning, delivering its services through discretionary and non-discretionary arrangements.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5M+ | 0.60% |
Schedule represents ThomasPartners Strategies fee structure for direct clients. Other strategies have different fee schedules (e.g., Windhaven charges 1.00% up to $5M, dropping to 0.50% above $50M; Schwab Personalized Indexing ranges from 0.15% to 0.25%; Wasmer Schroeder ranges from 0.07% to 0.75%).
