Managed Account Select
Your financial picture can become more complex as your assets grow. Consider taking a more sophisticated approach to investing through Managed Account Select®.
A separately managed account is a portfolio of individual securities managed on your behalf by a professional asset management firm. You invest in the individual securities, which can provide the ownership, control, and transparency you may seek. We'll work with you to find the managed account that fits your needs.
Ready to take your portfolio to the next level? Call 866-855-9041.
Ownership has its advantages.
When you invest in a separately managed account through Managed Account Select, you'll enjoy:
You'll have access to a range of investment strategies and the power to choose one focused strategy or to diversify across several asset classes.
Your account will be managed by the carefully vetted third-party professional asset manager you choose, and Charles Schwab Investment Advisory, Inc. (CSIA)1 holds them all to rigorous, research-based quality standards.
Direct ownership of underlying securities lets you request to make adjustments—tax-loss harvesting and security or industry restrictions2.
A Schwab Financial professional can help you find an appropriate solution to address your unique goals and needs.
You'll have a clear view of the individual securities you own, plus ready access to account details and trade information.
You can access the expertise of experienced asset managers with low account minimums and at a competitive price, helping to keep more of your money working for you.
Find the strategy that's right for you.
When you invest through Schwab's Managed Account Select, you can choose from a wide range of strategies, including:
- Domestic and international equity strategies
- Fixed income strategies, including bond ladders, and tax-advantaged municipals
- Balanced strategies that include multiple asset classes
- Socially Responsible Investing strategies across equity and fixed income asset classes (indicated by icon)
All strategies are managed by professional, third-party asset managers, who apply their unique insights, experience, and investment acumen on your behalf.
These strategies and asset managers undergo ongoing rigorous review by CSIA, which assures you have a variety of qualified asset managers to choose from.
Make informed investment decisions by reviewing important details.
- Mutual funds
- Managed Account Select
Account funding>Mutual fundsCash>ETFsCash>Managed Account SelectCash or securities>
Minimum investment at Schwab>Mutual fundsAs low as $1>ETFsOne share>Managed Account SelectEquities: Typically $100,000>
Fixed income: Typically $250,000
Balanced: Typically $250,000
Fee structure>Mutual fundsFlat asset-based fee (Other fees such as transaction fees, operating expenses, and commissions [loads] may apply.)>ETFsFlat asset-based fee (Other fees such as transaction fees, operating expenses, and commissions [loads] may apply.)>Managed Account SelectTiered, asset-based fee3 (No trading or transaction fees)>
Frequently asked questions about Managed Account Select.
- What is a managed account?
- Are there minimum investments for Managed Account Select strategies at Schwab?
- What are the typical annual fees for Managed Account Select strategies?
How does a separately managed account provide flexibility and control?
- What strategies can I invest in? Am I limited to Schwab products?
- How are these strategies and asset managers chosen?
- Will I have to work with a new contact at Schwab?
Questions? We're ready to help.