Schwab Wealth Advisory — Reviews & Rating - Prooffeed
Prooffeed Schwab Wealth Advisory

Schwab Wealth Advisory

schwab.com

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Schwab's full service planning program charges from 0.80% of assets, with the rate stepping down on larger balances, and enrollment opens at $500,000. Clients get a dedicated advisor plus a support team, and the plan covers income sequencing, tax sensitive withdrawals, insurance review and legacy documents. For smaller portfolios there is Intelligent Portfolios Premium: a $300 one time planning fee and $30 a month, with unlimited access to CFP professionals from $25,000.

The branch network is the practical part: signing paperwork or sorting a wire happens in person instead of in a phone queue. That 0.80% start is not cheap for a portfolio of index funds, and the automated Premium tier parks a fixed slice of the account in cash, which quietly costs return. Investors after private or alternative assets should look elsewhere.

+1 877 853 1802

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Pros

  • Dedicated advisor backed by a team
  • Hundreds of branches across the US
  • Flat $30 a month option from $25,000
  • Fee rate falls as assets grow
  • Withdrawal and tax planning included

Cons

  • $500,000 minimum for the advisory tier
  • Starting fee of 0.80% is above average
  • Mandatory cash drag in the automated tier
  • No alternative or private investments

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