Charles Schwab Investment Advisory

Charles Schwab Investment Advisory (CSIA) is a separately registered investment advisor and an affiliate of Charles Schwab & Co., Inc. CSIA serves as the investment advisor for Schwab Managed Portfolios, which are diversified portfolios consisting of either mutual funds or exchange traded funds (ETFs) that its investment professionals manage on a discretionary basis for Schwab clients. In addition, CSIA oversees the selection of investments and ongoing monitoring of the Mutual Fund OneSource Select List® and Managed Account Select® (MAS), and produces market commentary and other investment advice for Schwab clients and financial consultants. The investment team at CSIA is published in respected business and academic journals and frequently cited by the media on investment topics. CSIA is distinguished by their ability to effectively combine both rigorous quantitative work as well as manager profiling and market analysis in their research and portfolio management.

Charles Schwab & Co., Inc., receives remuneration from fund companies participating in the Mutual Fund OneSource™ service for record keeping and shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.

Please read Schwab’s Disclosure Brochure for important information and disclosures relating to Schwab Managed Portfolios.