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:

  1. 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.

  2. Regular Monitoring

    Experts regularly monitor market activity and every underlying investment to ensure your portfolio is rebalanced appropriately by a sophisticated algorithm.

  3. 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

  • Answer some questions.

    Complete a short questionnaire to establish your goals, risk tolerance and timeline.

  • 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.

  • 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.

Schwab's automated investing options
Features Schwab Intelligent Portfolios Schwab Intelligent Portfolios Premium
Diversified portfolio of ETFs selected by Schwab experts Offered Offered
Daily monitoring and automatic balancing Offered Offered
Tax-loss harvesting Offered Offered
24/7 live support based in the U.S. Offered Offered
Unlimited one-to-one guidance Not offered Offered
Interactive online planning tools Not offered Offered
Digital financial plan for your goals Not offered 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's automated investing options
Schwab Intelligent Portfolios
Diversified portfolio of ETFs selected by Schwab expertsOffered
Daily monitoring and automatic balancingOffered
Tax-loss harvestingOffered
24/7 live support based in the U.S.Offered
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
Learn more about Schwab Intelligent Portfolios
Schwab's automated investing options
Schwab Intelligent Portfolios Premium
Diversified portfolio of ETFs selected by Schwab expertsOffered
Daily monitoring and automatic balancingOffered
Tax-loss harvestingOffered
24/7 live support based in the U.S.Offered
Unlimited one-to-one guidanceOffered
Interactive online planning toolsOffered
Digital financial plan for your goalsOffered
FeesOne-time planning fee of $300, then advisory fee of $30 a month
Minimum to start$25,000
Learn more about Schwab Intelligent Portfolios Premium

Schwab automated investments FAQ

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