Schwab Intelligent Portfolios

Schwab Intelligent Portfolios is an investment management service offered by Charles Schwab that uses exchange-traded funds (ETFs), including Schwab ETFs, to build diversified portfolios. It sits within Schwab’s broader lineup of managed investment options and is aimed at investors who prefer a professionally constructed portfolio instead of choosing individual securities themselves.

According to Schwab’s pricing page, the service emphasizes low explicit costs: there is no advisory fee and no commissions charged for the portfolio itself, though you still pay the normal operating expenses built into the ETFs. Based on your stated risk profile, a portion of your portfolio is automatically held as cash in an FDIC‑insured deposit at Schwab Bank, with a stated $5,000 account minimum to enroll.

From the pricing information alone, Schwab Intelligent Portfolios appears to be a rules‑driven or automated portfolio service, but the page does not describe how portfolios are constructed, monitored, or adjusted over time, nor does it mention AI, rebalancing logic, or tax features. The only clearly documented mechanics are that your portfolio is built from ETFs, includes Schwab ETFs, and that a slice of your assets is held as cash at Schwab Bank according to your risk profile. Schwab also notes that some cash alternatives outside the program may offer a higher yield than the cash held in the program.

There are no advisory fees or trading commissions for this service, which will appeal if you want to minimize visible management costs and are comfortable paying only the underlying ETF expenses. However, if you’re specifically looking for an AI agent with custom workflows, APIs, integrations, or fine‑grained control over automated decisions, this offering does not present itself that way on the pricing page. Technical details (models, automation logic, data handling, and privacy specifics) and platform details (web, mobile, third‑party integrations) are not explained here and would require deeper documentation from Schwab. The $5,000 minimum also means it’s not suitable if you want to start with a very small amount of money.