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Charles Schwab›
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Schwab Personalized Indexing
Schwab Personalized Indexing

Charles Schwab› offers Schwab Personalized Indexing

ProductOperating Status: Currently Offered

Schwab Personalized Indexing is Charles Schwab's direct indexing separately managed account service.

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Overview

Schwab Personalized Indexing is a separately managed account offering from Charles Schwab that provides a customizable direct indexing strategy, allowing investors to own the individual stocks of a benchmark index while excluding specific companies or industries. The service includes automated tax-loss harvesting, with advisory fees starting at 0.40% and a $100,000 account minimum.

Portfolio management is provided by Charles Schwab Investment Management, doing business as Schwab Asset Management. Launched in 2022, it places Schwab in direct competition with Wealthfront's Nasdaq-100 Direct and other retail direct-indexing offerings on tax-efficient index exposure.

Schwab Personalized Indexing - Classification

Industry
  • Investments

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Schwab Personalized Indexing - Direct Competitors

  • Fidelity Investments

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    Fidelity Managed FidFolios

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  • Wealthfront

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    Nasdaq-100 Direct

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AttributeSchwab Personalized IndexingFidelity Managed FidFoliosNasdaq-100 Direct
ProviderCharles Schwabschwab.com2.5B raisedFidelity Investmentsfidelity.com144.3M raised · SeedWealthfrontwealthfront.com758.8M raised · Public
Founded197119462008
Sells To—Employers, Institutional, RetailIndividuals
Pricing Model—Advisory Fees, Brokerage Fees, Management FeesManagement Fees
Ownership—PrivatePublic
Schwab Personalized Indexing

Provider Charles Schwabschwab.com2.5B raised

Founded 1971

Sells To —

Pricing Model —

Ownership —

Fidelity Managed FidFolios

Provider Fidelity Investmentsfidelity.com144.3M raised · Seed

Founded 1946

Sells To Employers, Institutional, Retail

Pricing Model Advisory Fees, Brokerage Fees, Management Fees

Ownership Private

Nasdaq-100 Direct

Provider Wealthfrontwealthfront.com758.8M raised · Public

Founded 2008

Sells To Individuals

Pricing Model Management Fees

Ownership Public

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