The new services provides emerging or mass affluent investors with a financial plan, created via a self-directed online tool, and a fully automated portfolio. Users also have access to human financial advisors.
| less than a minute read
Schwab Announces New Robo-Hybrid Service
It’s the latest in a growing trend of robo-hybrid services that places Schwab in direct competition with offerings like Vanguard’s Personal Advisor Services and Personal Capital. With a $25,000 minimum investment, Intelligent Advisory is designed for investors who require more guidance than is available on its retail robo advisor, Schwab Intelligent Portfolios, but don’t have a complex financial situation to justify paying the fees for a dedicated financial advisor.
