Axys

Schwab Wealth Advisory is the premier managed advisory program within Charles Schwab, designed for clients with at least $500,000 in investable assets who want a dedicated advisor relationship rather than self-directed brokerage. The program pairs each client with a credentialed Wealth Advisor backed by a team of specialists covering retirement, tax strategy, estate planning, risk management, banking, and education planning. With more than 800 team members and 83% of Wealth Advisors holding a professional designation, the depth behind each client relationship goes beyond a single point of contact.

For families navigating complex financial scenarios, including multigenerational planning and family office management, the program offers a non-discretionary advisory structure with an option to delegate portfolio management to Schwab Asset Management or third-party managers. Clients with at least $5 million in household assets held at Schwab can access alternative investments. The fee schedule is tiered and publicly disclosed:

• 0.80% on the first $1 million
• 0.75% on the next $1 million
• 0.70% on assets from $2 million to $5 million
• 0.50% on assets from $5 million to $10 million
• 0.30% on assets from $10 million to $25 million
• 0.30% or negotiated below on assets exceeding $25 million

The trade-off a buyer accepts with Schwab Wealth Advisory is breadth over specialisation. The program references family office management as one life stage it can support, but it is structured as a mass-affluent to high-net-worth offering rather than a dedicated single-family office service. Clients requiring deeply bespoke investment mandates, consolidated reporting across external custodians, or entity-level accounting will likely find the program insufficient for those needs. It fits best for high-net-worth individuals or families who want coordinated advisory services within the Schwab custodial ecosystem.

• Goals-based investment planning and portfolio management
• Retirement income planning and distribution strategy
• Tax-smart investment and planning strategy guidance
• Estate planning coordination with specialist referral
• Multigenerational and family office planning support
• Banking, credit, and lending coordination

• Dedicated Wealth Advisor and Financial Consultant pairing
• Non-discretionary advisory with optional managed portfolio delegation
• Access to separately managed accounts, ETFs, mutual funds, bonds, and alternatives
• Tiered AUM-based fee schedule publicly disclosed
• Specialist access for estate, tax, risk management, and fixed income
• 529 plan and education savings guidance
• Periodic portfolio review and strategy adjustment
• Satisfaction guarantee with fee refund provision
• Online account statements and reporting via Schwab.com

Built for Private Wealth Owners / Principals, Single Family Office (SFO), Multi Family Office (MFO).

Dedicated Wealth Advisor, Financial Consultant, phone support at 866-645-4124, live online chat 24/7, branch visits