Schwab Introduces Alternative Investments Platform for Eligible Retail Investors
Charles Schwab has launched Schwab Alternative Investments Select, a new platform now available to retail clients with over $5 million in household assets. The platform, initially rolled out in October 2024, offers access to third-party alternative investment funds across private equity, hedge funds, private credit, and private real estate.
The platform is supported by iCapital's technology and includes dedicated Alternative Investment Consultants. A recent survey shows over half of Schwab's high-net-worth clients expect to allocate at least 5% of their portfolio to alternative investments within three years.
Schwab serves over a million multimillionaire investors with more than $3 trillion in assets. The firm automatically enrolls clients with over $1 million in Schwab Private Client Services and those with over $10 million in Schwab Private Wealth Services. Currently, 37% of advisors custodying at Schwab use alternative investments platforms, with $58 billion in alternative assets under custody.
Charles Schwab ha lanciato Schwab Alternative Investments Select, una nuova piattaforma ora disponibile per i clienti al dettaglio con oltre 5 milioni di dollari in beni domestici. La piattaforma, inizialmente introdotta nell'ottobre 2024, offre accesso a fondi di investimento alternativi di terze parti nei settori del private equity, hedge fund, credito privato e immobiliare privato.
La piattaforma è supportata dalla tecnologia di iCapital e include Consulenti dedicati agli Investimenti Alternativi. Un recente sondaggio mostra che oltre la metà dei clienti ad alto patrimonio netto di Schwab si aspetta di allocare almeno il 5% del proprio portafoglio in investimenti alternativi entro tre anni.
Schwab serve oltre un milione di investitori multimilionari con più di 3 trilioni di dollari in beni. L'azienda iscrive automaticamente i clienti con oltre 1 milione di dollari nei Servizi Clienti Privati di Schwab e quelli con oltre 10 milioni di dollari nei Servizi di Ricchezza Privata di Schwab. Attualmente, il 37% dei consulenti che custodiscono presso Schwab utilizza piattaforme di investimenti alternativi, con 58 miliardi di dollari in beni alternativi sotto custodia.
Charles Schwab ha lanzado Schwab Alternative Investments Select, una nueva plataforma ahora disponible para clientes minoristas con más de 5 millones de dólares en activos del hogar. La plataforma, que se lanzó inicialmente en octubre de 2024, ofrece acceso a fondos de inversión alternativos de terceros en capital privado, fondos de cobertura, crédito privado e inmobiliaria privada.
La plataforma está respaldada por la tecnología de iCapital e incluye Consultores de Inversiones Alternativas dedicados. Una encuesta reciente muestra que más de la mitad de los clientes de alto patrimonio de Schwab esperan asignar al menos el 5% de su cartera a inversiones alternativas en un plazo de tres años.
Schwab atiende a más de un millón de inversores multimillonarios con más de 3 billones de dólares en activos. La firma inscribe automáticamente a los clientes con más de 1 millón de dólares en los Servicios de Clientes Privados de Schwab y a aquellos con más de 10 millones de dólares en los Servicios de Riqueza Privada de Schwab. Actualmente, el 37% de los asesores que custodian en Schwab utilizan plataformas de inversiones alternativas, con 58 mil millones de dólares en activos alternativos bajo custodia.
찰스 슈왑이 슈왑 대체 투자 선택이라는 새로운 플랫폼을 출시했습니다. 이 플랫폼은 500만 달러 이상의 가정 자산을 보유한 개인 고객을 위해 현재 이용 가능합니다. 이 플랫폼은 2024년 10월에 처음 출시되었으며, 사모펀드, 헤지펀드, 사모 신용 및 사모 부동산 분야의 제3자 대체 투자 펀드에 대한 접근을 제공합니다.
이 플랫폼은 아이캐피탈의 기술을 지원하며, 전담 대체 투자 컨설턴트를 포함합니다. 최근 설문 조사에 따르면 슈왑의 고액 자산 고객의 절반 이상이 향후 3년 이내에 포트폴리오의 최소 5%를 대체 투자에 할당할 것으로 예상하고 있습니다.
슈왑은 3조 달러 이상의 자산을 보유한 백만 명 이상의 다중 백만장자 투자자에게 서비스를 제공합니다. 이 회사는 슈왑 개인 고객 서비스에서 100만 달러 이상의 자산을 보유한 고객과 슈왑 개인 자산 서비스에서 1000만 달러 이상의 자산을 보유한 고객을 자동으로 등록합니다. 현재 슈왑에서 자산을 관리하는 고문 중 37%가 대체 투자 플랫폼을 사용하고 있으며, 580억 달러의 대체 자산이 관리되고 있습니다.
Charles Schwab a lancé Schwab Alternative Investments Select, une nouvelle plateforme désormais disponible pour les clients de détail disposant de plus de 5 millions de dollars d'actifs domestiques. La plateforme, initialement lancée en octobre 2024, offre un accès à des fonds d'investissement alternatifs tiers dans des domaines tels que le capital-investissement, les fonds spéculatifs, le crédit privé et l'immobilier privé.
La plateforme est soutenue par la technologie d'iCapital et comprend des consultants dédiés aux investissements alternatifs. Une récente enquête montre que plus de la moitié des clients fortunés de Schwab s'attendent à allouer au moins 5% de leur portefeuille à des investissements alternatifs dans les trois prochaines années.
Schwab sert plus d'un million d'investisseurs multimillionnaires avec plus de 3 trillions de dollars d'actifs. L'entreprise inscrit automatiquement les clients ayant plus de 1 million de dollars dans les services de clients privés de Schwab et ceux ayant plus de 10 millions de dollars dans les services de gestion de patrimoine privé de Schwab. Actuellement, 37% des conseillers qui détiennent des actifs chez Schwab utilisent des plateformes d'investissements alternatifs, avec 58 milliards de dollars d'actifs alternatifs sous garde.
Charles Schwab hat Schwab Alternative Investments Select gestartet, eine neue Plattform, die jetzt für Privatkunden mit über 5 Millionen Dollar an Haushaltsvermögen verfügbar ist. Die Plattform, die zunächst im Oktober 2024 eingeführt wurde, bietet Zugang zu alternativen Investmentfonds von Dritten in den Bereichen Private Equity, Hedgefonds, Private Credit und Private Real Estate.
Die Plattform wird von der Technologie von iCapital unterstützt und umfasst spezielle Berater für alternative Investments. Eine aktuelle Umfrage zeigt, dass über die Hälfte der wohlhabenden Kunden von Schwab plant, innerhalb von drei Jahren mindestens 5% ihres Portfolios in alternative Investments zu investieren.
Schwab bedient über eine Million Multimillionäre mit mehr als 3 Billionen Dollar an Vermögenswerten. Das Unternehmen meldet automatisch Kunden mit über 1 Million Dollar bei Schwab Private Client Services an und solche mit über 10 Millionen Dollar bei Schwab Private Wealth Services. Derzeit nutzen 37% der Berater, die bei Schwab verwalten, Plattformen für alternative Investments, mit 58 Milliarden Dollar an alternativen Vermögenswerten unter Verwahrung.
- Expansion into high-margin alternative investments market
- Large existing wealthy client base with $3 trillion in assets
- Strong advisor adoption with 37% using alternative investment platforms
- $58 billion in alternative assets already under custody
- High entry barrier ($5M minimum) limits potential client base
- Dependent on third-party funds and iCapital technology
Insights
Schwab's launch of Alternative Investments Select represents a strategic response to the growing demand for private market access among their affluent clientele. With $3 trillion in assets from multimillionaire investors and two-thirds of their retail client assets coming from HNW/UHNW segments, this platform targets their most profitable client base.
The timing is particularly noteworthy as wealth managers increasingly compete for ultra-wealthy clients who seek portfolio diversification beyond traditional stocks and bonds. By implementing a
This launch also represents Schwab's strategic positioning against specialized wealth managers who have historically dominated alternative investment access. For context, the
This product launch strengthens Schwab's comprehensive wealth management ecosystem, making their platform more attractive to retention-sensitive high-net-worth clients who might otherwise split assets between Schwab and boutique wealth management firms.
Schwab's expansion into alternative investments addresses a critical gap in their offering for sophisticated investors. Their internal survey revealing that over half of HNW clients expect to allocate
The curated selection approach focusing on private equity, hedge funds, private credit, and private real estate demonstrates disciplined implementation. The mention of forthcoming exchange funds indicates Schwab recognizes the tax management needs of their wealthier clients. The dedicated Alternative Investment Consultants team shows they understand these complex vehicles require specialized support beyond standard advisory services.
From a competitive standpoint, this platform narrows the feature gap between Schwab and traditional private banks/wealth management firms that have historically dominated alternative access. While fees aren't specifically mentioned, these platforms typically generate higher margins than traditional brokerage services, potentially enhancing Schwab's revenue per client.
The integration with existing advisory services like Schwab Wealth Advisory, Personalized Indexing, and Advisor Network creates a comprehensive ecosystem that increases client stickiness. The
New offer builds on Schwab’s broad array of wealth, advice and investment management solutions to meet the evolving needs of high net worth and ultra-high net worth clients.
The new offer expands on Schwab’s comprehensive wealth management capabilities that serve high net worth (HNW) and ultra-high net worth (UHNW) clients who are increasingly seeking to supplement their investments with non-traditional approaches and access to private markets to meet their portfolio goals. The offer was initially rolled out to a smaller group of clients beginning in October 2024 and is now available to all eligible Schwab retail clients, including those enrolled in Schwab Wealth Advisory™, Schwab’s premier wealth management offer.
“As our large and growing HNW and UHNW client base continues to turn to Schwab to meet a broad array of wealth, advice and investing needs, we are committed to continuing to expand our capabilities to serve their evolving needs and preferences,” said Neesha Hathi, Head of Schwab Wealth & Advice Solutions at Charles Schwab. “With the launch of Schwab Alternative Investments Select, we’re excited to now offer eligible retail clients access to a growing alternative investments platform, along with the specialized expertise, service and support we know they deeply value.”
The new offer comes as demand for alternative investments continues. A recent survey1 of Schwab’s HNW clients shows that more than half expect to have at least
The offer includes a curated shelf of third-party alternative investment funds across select asset classes including private equity, hedge funds, private credit and private real estate. The funds undergo thorough ongoing due diligence reviews. As Schwab continues to expand the platform, the firm will add additional asset classes, including exchange funds, and broaden the menu of funds in each category.
The offer is supported by iCapital’s industry leading technology, which will digitize and streamline the enrollment and investment experience for clients.
Clients who invest through Schwab Alternative Investments Select will also have access to a dedicated and experienced team of Schwab Alternative Investment Consultants, who will work with clients on alternative investment recommendations for their portfolios and provide education and specialized support. Clients will also continue to work with their Financial Consultant, Wealth Consultant or Wealth Advisor who provide guidance and support for their broader investment portfolio and wealth management goals.
Tailored Solutions and Experiences for HNW Clients
Schwab Alternative Investments Select enhances the range of specialized services and solutions designed to meet the needs of Schwab’s HNW and UHNW clients, who are among the fastest-growing client segments at Schwab, representing more than two-thirds of the firm’s total retail client assets today.
To deliver on a differentiated client experience, Schwab automatically enrolls retail HNW clients at Schwab in a branded client experience. Retail clients with more than
For affluent clients seeking advisory services, Schwab also offers a range of investment management solutions to help clients meet goals ranging from steady income or diversification to more customized investing, including Schwab Wealth Advisory™, Schwab Personalized Indexing™, and Schwab Advisor Network®, the referral network serving investors throughout the nation with referrals to independent Registered Investment Advisors.
“Schwab serves more than a million multimillionaire investors, representing over
In addition to the launch of Schwab Alternative Investments Select for eligible retail clients, Schwab has provided services and support for alternative investment solutions for independent advisor clients for many years and continues to invest in enhancing its capabilities to support advisors’ use of alternative investments. Over
About Charles Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 36.9 million active brokerage accounts, 5.5 million workplace plan participant accounts, 2.0 million banking accounts, and
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Disclosures
1A Survey of 150 HNW clients at Charles Schwab and was fielded from January 8-17, 2025.
To be eligible for Alternative Investments, certain qualifications must be met including having at least
Diversification strategies do not ensure a profit and do not protect against losses in declining markets.
Investing in alternative investments is speculative, not suitable for all clients, and generally intended for experienced and sophisticated investors who are willing and able to bear the high economic risks of the investment. Investors should obtain and carefully read the related prospectus or offering memorandum, which will contain the information needed to help evaluate the potential investment and provide important disclosures regarding risks, fees and expenses.
Alternative investments, including hedge funds and funds that invest in alternative investments, often employ leveraging and other speculative practices that increase an investor’s risk of loss to include complete loss of investment, often charge high fees, and can be highly illiquid and volatile. Alternative investments may lack diversification, involve complex tax structures and have delays in reporting important tax information. Alternative investments that are closed end funds registered under 1933 or 1940 act would be subject to the same regulatory requirements as mutual funds. Other registered and unregistered funds are not subject to the same regulatory requirements as mutual funds.
Investors should carefully consider the investment objectives, risks, charges, and expenses before investing. The prospectus or offering memorandum contains this and other information. It should be read carefully before investing. This is not an offer of, or a solicitation to subscribe to or purchase, securities.
Schwab Alternative Investment OneSource® does not provide investment advisors or their clients advice about potential investment in participating funds. It is each investment advisor's responsibility to determine the suitability of such an investment for his or her clients. Alternative investments such as the participating funds are risky, and an advisor's clients may lose their entire investment in a fund.
Schwab receives remuneration from fund companies participating in the Schwab Alternative Investment OneSource platform for recordkeeping, shareholder services, and other administrative services.
This information provided here is for general informational purposes only, and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.
Investing involves risk, including loss of principal.
SIPC does not protect investment contracts (such as limited partnerships) that are not registered with the
Investment and Insurance Products Are: Not FDIC Insured • Not Insured by Any Federal Government Agency • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank of any of its Affiliates • Subject to Investment Risks, Including Possible Loss of Principal Amount Invested
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Hibah Shariff
Charles Schwab
415-667-0507
hibah.shariff@schwab.com
Source: The Charles Schwab Corporation
FAQ
What are the eligibility requirements for Schwab Alternative Investments Select (SCHW)?
What types of alternative investments does SCHW's new platform offer?
How much alternative assets are currently custodied at SCHW through advisors?
What dedicated support does SCHW provide for Alternative Investments Select clients?
