{"id":691364,"date":"2022-10-03T13:03:13","date_gmt":"2022-10-03T17:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/"},"modified":"2022-10-03T13:03:13","modified_gmt":"2022-10-03T17:03:13","slug":"schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/","title":{"rendered":"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors<\/b><\/p>\n<p>WESTLAKE, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSchwab Advisor Services has expanded its institutional no transaction fee (INTF) mutual fund offering for independent registered investment advisors (RIAs). The expanded line-up includes the addition of more than 800 institutional funds, without a transaction fee, from 15 leading third-party asset managers.\n<\/p>\n<p>\nThe 15 asset managers are: Blackrock, Cohen &amp; Steers, Columbia, Delaware + Waddell &amp; Reed, Diamond Hill, Franklin Templeton, First Eagle, Guggenheim, Goldman Sachs, Invesco, Janus, Legg Mason, Lord Abbett, Nuveen, and Principal.\n<\/p>\n<p>\n\u201cThis offer increases independent advisors\u2019 ability to personalize their clients\u2019 investment portfolios and to put more of their clients\u2019 initial investments to work,\u201d said Jalina Kerr, managing director, client experience, Schwab Advisor Services. \u201cOur goal is to deliver a customized investment experience for the advisor and their end-client with a one-stop-selection of the institutional funds advisors choose most frequently for client portfolios.\u201d\n<\/p>\n<p>\nThe newly available funds are in addition to the more than 130 no-transaction-fee, institutional share class funds from T. Rowe Price already accessible to Schwab\u2019s independent advisor clients, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aboutschwab.com%2Fmore-choices-and-less-costs-for-RIAs&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=that+was+announced+in+December&amp;index=1&amp;md5=5239c70a08d8af07d9dcd38778daebb7\">that was announced in December<\/a>.\n<\/p>\n<p>\nThe new line-up, which will also be available to advisors who custody with TD Ameritrade Institutional, gives advisors no transaction fee choices from a larger number of funds with lower net expense ratios, and more funds with an Overall Morningstar Rating<sup>TM<\/sup> of 4 or 5<sup>1<\/sup>.\n<\/p>\n<p><b>About Charles Schwab<\/b><\/p>\n<p>\nAt 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\u2019 goals with passion and integrity.\n<\/p>\n<p>\nMore information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aboutschwab.com%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=www.aboutschwab.com&amp;index=2&amp;md5=32717c32861f061ce8c8c0e52d51be9b\">www.aboutschwab.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FCharlesSchwab&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=c1028a0870c2a489179e24246e2a2097\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FCharlesSchwab&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=e47fe9129ca2fb59f9fd61420df38360\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fuser%2FCharlesSchwab&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=YouTube&amp;index=5&amp;md5=7970a9823499141bed8c1b334903dbac\">YouTube<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcharles-schwab%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=bf120e5579c5d2f779b6e336b0fb8ca2\">LinkedIn<\/a>.\n<\/p>\n<p><b>Disclosures<\/b><\/p>\n<p>\nThrough its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab &amp; Co., Inc. (member <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sipc.org%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=SIPC&amp;index=7&amp;md5=7d57b32fb8d13d373049ed5887991c7e\">SIPC<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sipc.org%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=www.sipc.org&amp;index=8&amp;md5=2b83bb70d92bcb86e638d495443b4ff6\">www.sipc.org<\/a>), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.schwab.com%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=www.schwab.com&amp;index=9&amp;md5=1ff77d68dabb714ca58b5f8b080c5a85\">www.schwab.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aboutschwab.com%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=www.aboutschwab.com&amp;index=10&amp;md5=6e2835ddb5ef1f6e1c541f7a316c71b2\">www.aboutschwab.com<\/a>.\n<\/p>\n<p>\nTD Ameritrade Institutional, Division of TD Ameritrade, Inc., member <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.finra.org&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=FINRA&amp;index=11&amp;md5=9f896530d4c5d75479e624d6f6058115\">FINRA<\/a>\/<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sipc.org&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=SIPC&amp;index=12&amp;md5=a875b6ce14e1b710771d3e0701d0be65\">SIPC<\/a>, a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.\n<\/p>\n<p>\nCharles Schwab &amp; Co. Inc. (\u201cSchwab\u201d) has entered into a long-term strategic relationship with T. Rowe Price under which Schwab receives compensation for promoting certain actively managed T. Rowe Price funds to Schwab&#8217;s retail clients and the clients of registered investment advisors that custody assets at Schwab.\n<\/p>\n<p>\nCharles Schwab &amp; Co., Inc. (member SIPC) receives remuneration from fund companies participating in the institutional no transaction fee (INTF) platform for recordkeeping and shareholder services, and other administrative services. Schwab receives greater remuneration on institutional share classes that participate in INTF than it would if the share class were made available with a transaction fee.\n<\/p>\n<p>\nThird party trademarks are the property of their respective owners and used with permission. Third party firms and their employees are not affiliated with or employees of Schwab\n<\/p>\n<p>\nSchwab Advisor Services\u2122 serves independent investment advisors and includes the custody, trading, and support of Schwab.\n<\/p>\n<p>\nIndependent investment advisors are not owned by, affiliated with, or supervised by Schwab. For informational purposes only.\n<\/p>\n<p>\n\u00a92022 Charles Schwab &amp; Co., Inc. (\u201cSchwab\u201d) All rights reserved. Member <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sipc.org%2F&amp;esheet=52932743&amp;newsitemid=20221003005210&amp;lan=en-US&amp;anchor=SIPC&amp;index=13&amp;md5=8b4604a95fc0350a3ee02b4c1a2174e1\">SIPC<\/a>.\n<\/p>\n<p>\n(1022-2BV9)\n<\/p>\n<p><sup>1<\/sup> Source: Morningstar 6\/30\/22\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20221003005210\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20221003005210\/en\/<\/a><\/span><\/p>\n<p>\nKristin Meza<br \/>\n<br \/>Charles Schwab<br \/>\n<br \/>862.742.7482<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Kristin.Meza@Schwab.com\">Kristin.Meza@Schwab.com<\/a><\/p>\n<p>\nLiz Shaw<br \/>\n<br \/>The Neibart Group (TNG)<br \/>\n<br \/>732.757.2119<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:sas@neibartgroup.com\">sas@neibartgroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Technology Finance Software Asset Management Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20221003005210\/en\/372488\/3\/SCHW_logo-new_whitespace.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; Schwab Advisor Services has expanded its institutional no transaction fee (INTF) mutual fund offering for independent registered investment advisors (RIAs). The expanded line-up includes the addition of more than 800 institutional funds, without a transaction fee, from 15 leading third-party asset managers. The 15 asset managers are: Blackrock, Cohen &amp; Steers, Columbia, Delaware + Waddell &amp; Reed, Diamond Hill, Franklin Templeton, First Eagle, Guggenheim, Goldman Sachs, Invesco, Janus, Legg Mason, Lord Abbett, Nuveen, and Principal. \u201cThis offer increases independent advisors\u2019 ability to personalize their clients\u2019 investment portfolios and to put more of their clients\u2019 initial investments to work,\u201d said Jalina Kerr, managing director, client experience, Schwab &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-691364","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; Schwab Advisor Services has expanded its institutional no transaction fee (INTF) mutual fund offering for independent registered investment advisors (RIAs). The expanded line-up includes the addition of more than 800 institutional funds, without a transaction fee, from 15 leading third-party asset managers. The 15 asset managers are: Blackrock, Cohen &amp; Steers, Columbia, Delaware + Waddell &amp; Reed, Diamond Hill, Franklin Templeton, First Eagle, Guggenheim, Goldman Sachs, Invesco, Janus, Legg Mason, Lord Abbett, Nuveen, and Principal. \u201cThis offer increases independent advisors\u2019 ability to personalize their clients\u2019 investment portfolios and to put more of their clients\u2019 initial investments to work,\u201d said Jalina Kerr, managing director, client experience, Schwab &hellip; Continue reading &quot;Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-03T17:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors\",\"datePublished\":\"2022-10-03T17:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\\\/\"},\"wordCount\":702,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20221003005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\\\/\",\"name\":\"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/","og_locale":"en_US","og_type":"article","og_title":"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors - Market Newsdesk","og_description":"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; Schwab Advisor Services has expanded its institutional no transaction fee (INTF) mutual fund offering for independent registered investment advisors (RIAs). The expanded line-up includes the addition of more than 800 institutional funds, without a transaction fee, from 15 leading third-party asset managers. The 15 asset managers are: Blackrock, Cohen &amp; Steers, Columbia, Delaware + Waddell &amp; Reed, Diamond Hill, Franklin Templeton, First Eagle, Guggenheim, Goldman Sachs, Invesco, Janus, Legg Mason, Lord Abbett, Nuveen, and Principal. \u201cThis offer increases independent advisors\u2019 ability to personalize their clients\u2019 investment portfolios and to put more of their clients\u2019 initial investments to work,\u201d said Jalina Kerr, managing director, client experience, Schwab &hellip; Continue reading \"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/","og_site_name":"Market Newsdesk","article_published_time":"2022-10-03T17:03:13+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors","datePublished":"2022-10-03T17:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/"},"wordCount":702,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-expands-institutional-no-transaction-fee-fund-offering-for-independent-advisors\/","name":"Schwab Expands Institutional No Transaction Fee Fund Offering for Independent Advisors - 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