SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Charles Schwab Investment Management, Inc
San Francisco, CA
CRD 106753
Firm filing updated March 30, 2026 ·
- $1721BAssets
- 856,597Clients
- 175Advisory staff
- 856,597Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- OtherYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
Who the firm serves
- Individuals697,928
- High net worth individuals154,404
- Corporations or other businesses1,901
- Pension and profit sharing plans1,805
- Charities264
- and 4 more295
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 697,928 | $108.5 billion |
| High net worth individuals | 154,404 | $106.9 billion |
| Investment companies | 109 | $1473.8 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 166 | $24.7 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1,805 | $1.7 billion |
| Charitable organizations | 264 | $757.5 million |
| State or municipal government entities (including government pension plans) | 10 | $239.2 million |
| Insurance companies | 10 | $420.3 million |
| Corporations or other businesses not listed above | 1,901 | $4.0 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$1721.0 billion
- Accounts856,597
- Discretionary$1697.0 billion · 856,567 accounts
- Non-discretionary$24.0 billion · 30 accounts
People
- Employees946
- Advisory staff175
- Broker-dealer reps138
- Licensed insurance agents3
- Planning clients0
Advisors
25 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 106753, SEC file 801-35905.
- Registered with the SEC as an investment advisor (status date on record: January 25, 1990).
Is Charles Schwab Investment Management, Inc a fiduciary?
Short answer: Charles Schwab Investment Management, Inc is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 138 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
3 staff are licensed insurance agents and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.