What's a robo-advisor?
In general, it's an online service that invests your money for you based on recommended algorithms that fit your preferences and goals.
They're popular with novice investors because they generally have low starting costs and don't require in-depth market knowledge. Experienced investors value the time they save when the robo-advisor automates activities like rebalancing and tax-loss harvesting. Robo advisors provide:
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Diversified Portfolios
The robo-advisor builds a diversified portfolio of funds that professionals select. It does it automatically, so you don't need to do a lot of research.
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Regular Monitoring
Experts regularly monitor market activity and every underlying investment to ensure your portfolio is rebalanced appropriately by a sophisticated algorithm.
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Personalized Guidance
Some robo-advisors offer guidance from a certified professional, who helps set goals and gives advice on how to reach them. You get the best of both automated and face-to-face guidance.
Set your goals and start reaching for them
Schwab Intelligent Portfolios® can help build and manage your portfolio so you don't have to. Get the guidance you want, when you need it, by choosing the level of professional support that helps you feel most comfortable and in control of your investments. Schwab's robo-advisor can help you invest for:
- College
- Retirement
- Vacations
- Growing wealth
- Stable income streams
- Supporting your favorite charity
How Schwab Intelligent Portfolios® work
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Answer some questions.
Complete a short questionnaire to establish your goals, risk tolerance and timeline.
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Let the robo-advisor do its work.
Schwab's robo-advisor builds a diversified portfolio of ETFs that experts choose as well as cash allocations.
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Stay on track.
Innovative technology monitors and rebalances your investments to help keep you diversified and on track. And if your needs change, you can update your goals anytime.
Explore Schwab's robo-advice solutions.
Schwab offers two options: Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios Premium®.
This means you can choose the level of professional support that helps you feel most comfortable and in control of your investments.
| Features | Schwab Intelligent Portfolios | Schwab Intelligent Portfolios Premium |
|---|---|---|
| Diversified portfolio of ETFs selected by Schwab experts |  |
|
| Daily monitoring and automatic balancing | |
|
| Tax-loss harvesting | |
|
| 24/7 live support based in the U.S. | |
|
| Unlimited one-to-one guidance | Not offered | |
| Interactive online planning tools | Not offered | |
| Digital financial plan for your goals | Not offered | |
| Fees | No advisory fee | One-time planning fee of $300, then advisory fee of $30 a month |
| Minimum to start | $5,000 | $25,000 |
| Learn more about Schwab Intelligent Portfolios | Learn more about Schwab Intelligent Portfolios Premium |
| Schwab Intelligent Portfolios |
|---|
| Diversified portfolio of ETFs selected by Schwab experts |
| Daily monitoring and automatic balancing |
| Tax-loss harvesting |
| 24/7 live support based in the U.S. |
| Unlimited one-to-one guidanceNot offered |
| Interactive online planning toolsNot offered |
| Digital financial plan for your goalsNot offered |
| FeesNo advisory fee |
| Minimum to start$5,000 |
| Schwab Intelligent Portfolios Premium |
|---|
| Diversified portfolio of ETFs selected by Schwab experts |
| Daily monitoring and automatic balancing |
| Tax-loss harvesting |
| 24/7 live support based in the U.S. |
| Unlimited one-to-one guidance |
| Interactive online planning tools |
| Digital financial plan for your goals |
| FeesOne-time planning fee of $300, then advisory fee of $30 a month |
| Minimum to start$25,000 |
Schwab automated investments FAQ
Discover more investing resources.
You can invest confidently when you brush up on investing basics and get familiar with your options.
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What's a robo advisor and how it can benefit me?
Article: 6 to 7 minutes
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Understanding risk tolerance: what is it and why it matters?
Article: 5 to 6 minutes
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What's diversification? And how do I diversify my investments?
Article: 5 to 6 minutes
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