Schwab Intelligent Portfolios Review

Schwab Intelligent Portfolios is a bank founded in 1971 and based in San Francisco, CA.

What fees does Schwab Intelligent Portfolios charge?

Schwab Intelligent Portfolios uses a fee-only model.

This means Schwab Intelligent Portfolios gets paid a flat fee regardless of what financial products or services you use. It also means they have a fiduciary responsibility to their clients. Instead of making money on trades commissions or selling products, they recommend an asset allocation and get paid a flat-fee or a percentage of the assets under administration. That requires that they act in their client’s financial best interest at all times.

Schwab Intelligent Portfolios uses a commission-based model. In other words, they get a commission when they sell you investment products, such as stocks or mutual funds.

What features does Schwab Intelligent Portfolios offer?

Access to human advisors: Robo-advisors are great at keeping costs down and helping investors with modest balances make good investment choices. However, it is also nice to have access to human financial advisors when you need them.

Automatic rebalancing: Having a good balance of investments is important. But a well-balanced portfolio is not something you can set up and forget. Markets are constantly changing and can easily throw your portfolio out of balance. Schwab Intelligent Portfolios allows you to rebalance your investments back to your target asset allocation at set intervals.