Managed Account Select
Your financial picture becomes more complex as your assets grow. Take 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 own the individual securities, which can provide the ownership, control, and transparency you deserve. 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 an expansive range of investment strategies and the power to choose one focused strategy or to diversify across several asset categories.
Your account will be managed by the respected, 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 make adjustments—tax-loss harvesting or security or industry restrictions2—based on your full financial picture.
At every step of the way, you can work with a Schwab Consultant to 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 high-caliber asset managers with lower 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 Managed Account Select, you can choose from a wide range of strategies, including:
- Domestic and international equity strategies
- Fixed income strategies, including bond ladders
- Balanced strategies that include multiple asset classes
All strategies are managed by professional, third-party asset managers, who apply their unique insights, experience, and investment savvy on your behalf.
These strategies and asset managers undergo rigorous review by Charles Schwab Investment Advisory (CSIA),1 which helps ensure that you have a variety of qualified asset managers to choose from.
Make solid investment decisions by reviewing important details.
- Mutual funds
- Separately managed accounts
Mutual fundsCash only>
Separately managed accountsCash or securities>
Minimum investment at Schwab>
Separately managed accountsEquities: Typically $100,000>
Fixed income: Typically $250,000
Balanced: Typically $250,000
Mutual fundsFlat asset-based fee (Other fees such as transaction fees, operating expenses, and commissions loads may apply.)>
ETFsFlat asset-based fee (Trade commission may apply.)>
Separately managed accountsTiered, asset-based fee4 (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 at Schwab?
- What are the typical annual fees for Managed Account Select?
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 money managers chosen?
- Will I have to work with a new contact at Schwab?
Schwab ranked #1 in Advisory Services in Kiplinger's 2019 Best Online Brokers review.
Questions? We're ready to help.