Our innovative technology selects from among the 51 low-cost professionally selected exchange-traded funds (ETFs) to create a diversified portfolio designed to help meet your specific goal. Portfolio planning and our intensive ETF selection process are just two ways that Schwab Intelligent Portfolios saves you time.

Where Schwab Intelligent Portfolios shines

• Free management: Schwab's automated portfolio offering has no management fee, making it one of few that offer its services for free.
• Customizable: Schwab also offers customizable portfolios, which are great for folks who want more options than just a pre-made portfolio.

Schwab Intelligent Portfolios offers three types of IRAs: traditional, Roth and rollover.

$0 Commissions on Online Stock, ETF, and Options Trades Schwab makes an industry-leading move that eliminates a barrier to making investing more accessible to everyone, reducing U.S. stock, ETF and options online trade commissions from $4.95 to $0.

Our Take. Schwab Intelligent Portfolios is a quality robo-advisor with very low expenses. Unlike most competitors, it doesn't charge a monthly advisory fee, making it an excellent option for cost-conscious investors.

There's also a simple rule of thumb suggesting that if you spend 4% or less of your savings in your first year of retirement and then adjust for inflation each year following, your savings are likely to last for at least 30 years - given that you make no other changes to your withdrawals, such as a lump sum withdrawal ...

Our Take. Schwab Intelligent Portfolios is a quality robo-advisor with very low expenses. Unlike most competitors, it doesn't charge a monthly advisory fee, making it an excellent option for cost-conscious investors.

Stocks can be a valuable part of your investment portfolio. Owning stocks in different companies can help you build your savings, protect your money from inflation and taxes, and maximize income from your investments. It's important to know that there are risks when investing in the stock market.

The major investment styles can be broken down into three dimensions: active vs. passive management, growth vs. value investing, and small cap vs. large cap companies.

The Best Schwab Mutual Funds of October 2023

There is no minimum investment needed to open a brokerage account. How much will it cost to open an account? There are no fees to open and maintain a Schwab account.

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.