Managed Account Platform Section

Managed Account Platform

The Managed Account Platform section provides you with information on opening and maintaining accounts on the Schwab Advisor Services™ Managed Account Platform. Browse our list of topics and articles to find the support and resources you need for your managed account(s).

Introduction to managed accounts
Schwab offers three managed account solutions to help you fulfill your clients’ asset allocation needs: Managed Account Select®, Managed Account Access®, and Managed Account Marketplace®. Marketplace includes access to Schwab’s turnkey asset management providers.

Introduction to Schwab Personalized Indexing (SPI)
Schwab Personalized Indexing™ (SPI) is a separately managed account (SMA) offer managed by Schwab Asset Management. Automated, quantitative techniques are used to optimize portfolios while seeking to track each client's reference index, with potential after-tax benefits. 

Introduction to turnkey asset management providers through Schwab
Schwab Advisor Services™ offers access to turnkey asset management providers through Schwab. These providers are independent firms you can use to outsource money manager research, portfolio construction, and performance reporting.

How to set up a managed account master
To use managed accounts at Schwab, you'll need a managed account master before you can open managed accounts for your clients.

How to select investment strategies for managed accounts
Schwab provides ongoing due diligence for money managers and investment strategies in Managed Account Select® and provides tools to help you perform your own due diligence on Managed Account Access® and Managed Account Marketplace® money managers and strategies.

How to open a personal brokerage account on the managed account platform
Personal brokerage accounts may be opened on the Managed Account Select®, Managed Account Access®, and Managed Account Marketplace® platforms.

How to open a trust account on the managed account platform
You can open a Schwab Managed Account Select®, Managed Account Access®, or Managed Account Marketplace® account for eligible trust registrations.

How to open an organization account on the managed account platform
An organizational account may be opened for most domestic incorporated or non-incorporated organizations governed by U.S. jurisdiction on the Managed Account Select®, Managed Account Access®, and Managed Account Marketplace® platforms.

How to open a traditional IRA on the managed account platform
traditional individual retirement account (IRA) may be opened on the Managed Account Select®, Managed Account Access®, or Managed Account Marketplace® platforms. As with IRAs in non-managed accounts, contributions grow tax-deferred.

How to open a Roth IRA on the managed account platform
A Roth individual retirement account (IRA) is a retirement savings option for clients looking for potentially greater tax savings than a traditional IRA. Eligible Roth IRAs may be opened on the Schwab Managed Account Select®, Managed Account Access®, or Managed Account Marketplace® platforms.

How to open business retirement accounts on the managed account platform
Charles Schwab & Co., Inc. (“Schwab”) offers several business retirement solutions on the managed account platform, including the individual 401(k) plan, SEP-IRA, SIMPLE IRA, the qualified retirement plan (QRP), and the Schwab Personal Choice Retirement Account® (PCRA). These plans help clients maximize their retirement savings and tax advantages while participating in the Managed Account Select®, Managed Account Access®, or Managed Account Marketplace® platforms.

How to select investment strategies for managed accounts
When you open managed accounts for your clients, you select money managers and investment strategies that best meet your clients' needs. Schwab provides tools to help you perform your own due diligence on Managed Account Access® and Managed Account Marketplace® money managers and strategies. Schwab provides ongoing due diligence for money managers and investment strategies in Managed Account Select®

 

Please read the Schwab Managed Account Services™ Disclosure Package for important information and disclosures regarding the Managed Account Select® ("Select") and Managed Account Access® ("Access") programs. In addition, please read the participating money manager's ("MM's") disclosure brochure, including any supplements for important information and disclosures. Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio. Services may vary, depending on which MM you choose, and are subject to an MM's acceptance of the account.

The Select and Access programs are sponsored by Charles Schwab & Co., Inc. ("Schwab"). The MMs in Select are not affiliated with Schwab. The Schwab Center for Financial Research (“SCFR”) is a division of Charles Schwab & Co., Inc. (“Schwab”). In Select, SCFR conducts an operational evaluation of MMs, monitors the MMs' performance periodically, and provides research. In Access, SCFR conducts operational evaluations of unaffiliated MMs. Schwab does not provide advice or recommendations regarding managed accounts, MMs, or securities to investment advisors or their clients. Independent investment advisors are not owned by, affiliated with, or supervised by Schwab.

Portfolio Management for Schwab Personalized Indexing is provided by Charles Schwab Investment Management, Inc., dba Schwab Asset Management, a registered investment adviser and an affiliate of Schwab. Both Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation. Please refer to the Charles Schwab Investment Management, Inc. Disclosure Brochure for additional information.

Schwab Personalized Indexing strategies are available through Schwab's Managed Account Access® program ("Access"). Please read Schwab's disclosure brochure for important information and disclosures relating to Access and Schwab's Managed Account Services.

The Managed Account Marketplace® ("Marketplace") platform is not a program sponsored by Schwab. Marketplace is an open architecture platform that gives investment advisors and their clients' access to separate account managers and turnkey asset management providers (TAMPs). Participating MMs and TAMPs need to establish a contract and have system compatibility with Schwab in order to be in Marketplace. The MMs, TAMPs, and their investment strategies available in Marketplace are not evaluated by Schwab.

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