Charles Schwab Investment Management, Inc is a large advisory firm based in San Francisco. It manages $379.32 billion of regulatory assets for 130 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Charles Schwab Investment Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Charles Schwab Investment Management, Inc is $379.32 billion. The firm's AUM has grown by 201% since the beginning of its operation, and $1.95 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Charles Schwab Investment Management, Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Walter William Bettinger is investment companies with 101 clients and $356.18 billion of assets under management. Among the 11 most similar advisory firms, Charles Schwab Investment Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $379.32 billion for 130 clients. 1% of the firm’s clients are foreign persons or businesses.
Charles Schwab Investment Management doesn't advise any private funds.
The company employs 492 people that are either part- or full-time employees. 21 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Walter William Bettinger has been acting as President since 1 Jul 2016. Jonathan Christian De St Paer joined the executive team most recently as the President.
The principal office where Charles Schwab Investment Management, Inc performs its advisory services is located at 211 Main Street, San Francisco, CA 94105, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-667-9200 or by fax 415-667-1430. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at csimfunds.com.