Schwab Intelligent Portfolio Advisory Agreement

Charles Schwab Intelligent Portfolios is made up of ETFs, most of which are managed by Schwab. Schwab does not offer a socially responsible portfolio option or other adjustments beyond adapting a portfolio to your risk tolerance and stated objectives. What`s interesting about smart portfolios is that asset classes go beyond stocks and bonds and extend into real estate investment trusts, high-yield corporate bonds, and precious metals. The inclusion of these additional, sometimes riskier, asset classes effectively enhances the true diversification of the smart portfolio market. Smart wallets are rebalanced by an algorithm that takes into account tax implications. A portfolio rebalancing is triggered each time the asset allocation is cancelled from its defined allocation. Time will tell if competitors like Schwab Intelligent Portfolios can outperform well-established players like Wealthfront or just encourage them to evolve. For now, however, Wealthfront is the best choice of both robo-advisors to automatically manage your money…

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