2020 Robo Investor Snapshot
Shining a light on the latest robo investing trends at Charles Schwab.
Key findings
- Q1 2020 was among the highest quarters for Schwab’s robo advisory service in terms of new account opens.
- Schwab robo clients span age ranges, from young investors just starting out, to more seasoned investors nearing or in retirement.
- Schwab Intelligent Portfolios Premium clients made nearly 40% more appointments with CERTIFIED FINANCIAL PLANNER™ professionals in March 2020, compared to the month prior, as pandemic-related volatility hit.
About the report
This report shows the latest trends among robo advice investors at Schwab. Data represents clients enrolled in Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios Premium™ year-to-date as of September 30, 2020.
For more information, email Schwab
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