Schwab Advisor Services has added 800 institutional funds from 15 third-party asset managers as part of its no-transaction-fee mutual fund offering for registered investment advisers.
The 15 asset managers are: BlackRock, Cohen & Steers, Columbia, Delaware/Waddell & Reed, Diamond Hill, Franklin Templeton, First Eagle, Guggenheim, Goldman Sachs, Invesco, Janus, Legg Mason, Lord Abbett, Nuveen and Principal.
The funds are in addition to the more than 130 no-transaction-fee, institutional share class funds from T. Rowe Price on the platform, which was announced in December.
The new line-up will also be available to advisers who custody with TD Ameritrade Institutional and gives advisers no-transaction-fee choices from a larger number of funds with lower net expense ratios, Schwab said in a release.
My employer was biased – and the judge and magistrate are being unfair says ex-employee
Global survey reveals tailwinds for active ETFs and alternative strategies, plus a turning point in cost-conscious investing.
InvestmentNews begins its inaugural search for the top wealth managers in the industry.
Leaders at Five Eleven Partners and Johnson Investment Counsel speak out on the costs of consolidation, the pros and cons of PE, and how they're planning ahead for clients and advisors.
The top-ranked IBD giant is looking to bolster its workforce with thousands of new independent advisors, representatives, and interns.
In an industry of broad solutions, firms like intelliflo prove 'you just need tools that play well together'
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies
