Schwab Advisor Services Minimum Aum. And so while it’s hard to assign a lot of distinguishing features to schwab, the simple fact that they’re the biggest and the most experienced and the most scaled wins them a lot of business and is why they. That platform has an investment minimum of $5,000 and has no advisory fee.
Professionally managed accounts are available only through independent investment advisors with schwab advisor services™, a business segment of the charles schwab corporation serving independent investment advisors and includes the custody, trading, and support services of charles schwab & co., inc. Schwab advisor services, fidelity clearing & custody solutions, td ameritrade and pershing advisor solutions and their combined $2.5 trillion of assets in custody for rias don't really mix it up publicly with tradepmr, folio institutional, trust company of america, equity advisor solutions, and shareholders service group inc., which might have. Leveraging their clout as established investment managers, schwab and vanguard have amassed $43 billion and $140 billion, respectively, in assets under management on their digital platforms.
Consumers expect services tailored to their needs and the ability.
Schwab may use it to contact you and to send you additional insights from schwab advisor services™. Disclosures view important disclosures 2. And business models categorized into 12 peer groups—seven wealth manager groups and five money manager groups—by assets under management (aum) size. Before getting into more detail about the schwab intelligent portfolios, here is a summary of their robo advisor services: