Schwab Wealth Advisory, Inc. provides investment advice and portfolio management services through the Schwab Wealth Advisory program, sponsored by its affiliate Charles Schwab & Co., Inc. Schwab Wealth Advisory offers guidance based on asset allocation, diversification, and individual goals, while clients retain final decision-making authority over their investments. Advisors conduct annual portfolio reviews and help clients choose investments such as stocks, bonds, mutual funds, exchange-traded funds, and professionally managed separately managed accounts. Additionally, the firm provides specialized education and financial planning support covering retirement, tax strategies, and estate planning. Charles Schwab & Co. requires a minimum of $500,000 in investable assets to enroll in the program, though this minimum may sometimes be adjusted or waived.
Fee Structure
Schwab Wealth Advisory does not charge investment management fees directly; instead, program fees are handled through its affiliate sponsor, Charles Schwab & Co., and are detailed in separate program disclosure materials. The program generally requires a minimum investment of $500,000 to participate.