Envision clients utilize Charles Schwab & Co., Inc. for custody and trading. As a fee-only fiduciary, Envision is not affiliated with Schwab, so we don’t take marching orders from Schwab or anyone besides our clients.
However, through our relationship with Schwab, Envision offers the best of both worlds: the expertise, flexibility, and objectivity of an independent, boutique advisory firm leveraging the scale and resources of one of the largest financial services firms in the world.
Schwab serves more than 15,000 advisors and holds custody of trillions in assets. While Envision receives no commissions or other compensation from Schwab, Schwab Advisor Services provides extensive resources at no cost including investment research, regulatory and legislative updates, continuing education courses, peer benchmarking studies, and technology tools.
Envision clients accessing their accounts through the Schwab Alliance web site or the Schwab Mobile App enjoy access to a variety of features and resources, including account statements and account aggregation (i.e. integrating details of non-Schwab investment accounts, bank accounts, credit cards, loans, and real estate). This empowers clients to track their overall personal net worth.
Schwab doesn’t charge fees for custody, and there are generally no commissions for on-line trades of stocks or exchange-traded-funds (“ETF’s”). Thousands of mutual funds in Schwab’s OneSource® platform also trade at no transaction cost.
Outside of investments, Schwab offers banking services through Schwab Bank, including unlimited ATM fee rebates and no foreign, transaction, account maintenance, or activity fees.
For more information about Schwab’s scale, capabilities, pricing, security guarantee, and safeguarding of clients’ assets, please visit the following links.
For straight talk about investments and integrated tax and financial planning, please contact us