While the brokers’ organizations continue to engage in this fight, one of the largest advisory–brokerage firms, the Charles Schwab firm, has recently publicly adopted and highlighted not only its advisory position, but also its fiduciary duties when acting as advisers.Click to see full answer. Consequently, are Charles Schwab advisors fiduciaries?Since Charles Schwab founded our firm, we have been focused on serving and protecting the interests of our clients. When you ask us for advice about the investments in your Retirement Account, Schwab and our representatives will act as fiduciaries and give you investment advice that is in your best interest.Additionally, is Charles Schwab fee only? Pay no advisory fee and no commissions. Just as if you’d invested on your own, you pay the operating expenses on the ETFs in your portfolio—which includes Schwab ETFs. We believe cash is a key component of an investment portfolio. Just so, is Charles Schwab a financial advisor? Charles Schwab & Co., Inc. is a fee-based financial advisor firm that offers a number services, including investment management, financial planning and a robo-advisor.How are Charles Schwab advisors paid?Regional Branch Financial Consultants receive a one-time payment when clients bring Net New Assets to Schwab ($80 of pay for every $100,000 of assets) and/or purchase certain products or enroll in certain services, including investment advisory services.

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