Tag: Schwab

Posted on June 7, 2021

  • What is Direct Indexing? Direct indexing is an investment strategy that seeks to replicate the underlying stocks of an index instead of holding an index fund.
  • Schwab, BlackRock, Goldman Sachs, and Morgan Stanley have all engaged in transactions that could influence their ability to offer direct indexing at scale.
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Posted on May 24, 2021

  • Not all robos implemented tax-loss harvesting to the same extent. While some realized net losses of over 8% of the account value on the year, others did not realize any losses at all
  • TD Essential Portfolios and Schwab Intelligent Portfolios were top choices for tax-loss harvesting over the year
  • SigFig, UBS, and Citizens were at the bottom of the pack with virtually no net realized losses on the year
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Posted on May 11, 2021

  • The strong first and fourth quarter performance was enough to push both Schwab portfolios into the top 10 over the 1-year trailing period ending March 31, 2021
  • Over the past year, Titan’s equities returned 71.96%. These strong returns led it to outperform its benchmark by 12.43%
  • Robo advisors allocated to municipal bonds significantly outperformed
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Posted on May 10, 2021

With over $45 billion in assets under management, Schwab Intelligent Portfolios is the second-largest direct-to-consumer robo advisor. It offers two service tiers: the first is digital-only and has no management fee, and the second (Schwab Intelligent Portfolios Premium) has a minimum of $25,000 and charges a monthly fee of $30/mo (after a one-time initial planning fee of $300).

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Posted on March 9, 2021

  • The volatility of 2020 made for an interesting case study to observe robo advisor rebalancing
  • Some accounts showed decisive rebalancing trades when the market was most fearful, displaying the merits of automatic robo advisor rebalancing
  • We estimate that select robo advisors in our study earned an additional 0.50% to 1.50% due to automatic rebalancing in 2020
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Posted on February 24, 2021

Best Robo Advisor for Digital Financial Planning

  • Winner: Wealthfront
  • Runner-Up: Personal Capital
  • Honorable Mention: Schwab
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