Bringing you live news and features since 2006 

Computer screen

Charles Schwab launches ETF-based Schwab Intelligent Portfolios


Charles Schwab has launched a fully automated investment advisory service, Schwab Intelligent Portfolios, an investment advisory service that uses sophisticated computer algorithms to build, monitor, and rebalance diversified portfolios based on an investor’s stated goals.

Schwab Intelligent Portfolios applies the insights of Charles Schwab Investment Advisory (CSIA) experts to algorithms to build and manage client portfolios of low-cost Exchange Traded Funds (ETFs) with up to 20 asset classes, as well as an FDIC-insured cash allocation to manage volatility and risk. Investors with as little as USD5,000 will receive a portfolio recommendation after answering a short set of questions that quickly assess their goals and risk tolerance, and the portfolio is automatically rebalanced as market dynamics change.

“We know there are three controllable variables that have an impact on the long-term success of investors – being and staying invested; having access to quality investment advice and money management; and keeping costs low,” says Schwab executive vice president Naureen Hassan, who leads the team responsible for Schwab Intelligent Portfolios. “Schwab Intelligent Portfolios addresses each of these key components of success. It’s easy for investors to get started and stay invested. It keeps investors’ portfolios on track as markets change without requiring any action on their part and uses advanced technology to create and manage portfolios based on the same sophisticated, time-tested approaches to portfolio management used by institutional investors. It keeps costs down to a new low, while providing access to Schwab investment professionals 24/7/365.”

She noted that fewer than 30 per cent of Americans have consulted a financial professional about savings or investments within the past five years, according to a report by FINRA’s Investor Education Foundation. “Investors are far more likely to succeed if they are getting help, and Schwab Intelligent Portfolios is an easy-to-use, low cost, and high-quality offering designed to get advice and money management to more people, whether they have USD5,000 or USD500,000,” she says.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by