He is the founder and chairman of the Charles Schwab Corporation. He pioneered discount sales of equity securities starting in 1975. His company became by far the largest discount securities dealer in the United States.

The basic Schwab Intelligent Portfolios account does not have monthly fees. Schwab does not charge anything for managing your account with the robo-advisor. It also does not charge commissions on trades. You only owe the management fees of the ETFs in your portfolio.

With Schwab Intelligent Portfolios, you'll get a portfolio of ETFs chosen by experts who use their professional insight to pare down more than 1,800 ETFs to the 51 across 20+ expanded asset classes that will be considered for the portfolios.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc.

Charles Schwab: Best for No-commission trading on stocks; ETFs and many mutual funds; high-quality research and educational elements; trading platforms for beginning and advanced investors; and on and on.

The Best Schwab Mutual Funds of October 2023

Charles Schwab stands out among brokers for its customer service, $0 trade commissions and large selection of mutual funds.

ETFs: Schwab Intelligent Portfolios invests in Schwab ETFs. This creates revenue for Charles Schwab Investment Management, Inc., a Schwab affiliate that receives management fees on those ETFs.

$5,000 To enroll in Schwab Intelligent Portfolios Premium, you need to have a minimum of $25,000, though these assets may be held across multiple Schwab Intelligent Portfolios Premium accounts. The minimum for each account is $5,000.

Benefits of a checking account with Schwab Bank

• No fee checking. No fees, no minimums, and a competitive APY means more money to invest.
• Travel with confidence.
• Convenience and ease.
• Security and peace of mind.
• Robust mobile app.
• Mobile payments are easy.

Charles Schwab is a financial firm with over 400 offices across the United States. 16 It offers retail and commercial banking, wealth management, investment, and advisory services. Charles Schwab offers retirement, brokerage, and checking and savings accounts.