Reddit · r/Schwab · Mar 6, 2025
MixedSummary of a Reddit comment
Calls Schwab's robo account fine: it keeps a large portion in cash but pays decent interest and is free, saving the Betterment fee.
Robo-advisor
A score out of 100 for how well reviewed a product is. It rises with positive reviews and with how many there are; negative and mixed reviews take points off.
So a handful of glowing reviews can’t beat a product lots of people like. No sponsored placements.
Topics grouped from customer reviews, with how many mention each; read the originals below.
Showing 1 review mentioning low fees Show all
Reddit · r/Schwab · Mar 6, 2025
MixedSummary of a Reddit comment
Calls Schwab's robo account fine: it keeps a large portion in cash but pays decent interest and is free, saving the Betterment fee.
Of the 83 reviews with a clear verdict, 47% are positive, 25% mixed and 28% negative. The praise mentioned most is easy to use. The most common complaint is rate dropped.
The praise reviewers mention most: easy to use (22 reviews), low fees (6 reviews) and helpful support (5 reviews). For example: They are very happy with Schwab Intelligent Portfolios, valuing the convenience and having professionals handle the investing for them.
The complaints reviewers mention most: rate dropped (4 reviews) and hard to cancel (2 reviews). For example: Six years on the highest risk setting still feels overly conservative and forces an 8% cash allocation, delivering underwhelming returns.
It's how well reviewed Schwab Intelligent Portfolios is, out of 100. Negative and mixed reviews take points off, and so does having only a few reviews: a product needs plenty of them, compared with the most-reviewed products here, to reach the high 80s and 90s. It's worked out from reviews only, needs at least 5 of them, and updates as new ones come in.
Category: Robo-advisor. Type: Robo-advisor. Fees: No advisory fee and no commissions. Minimum: Invest with as little as $5,000.
83 are quotes from Reddit, each linked to the original. Customer reviews are checked for spam before they appear. Every review, written here or quoted, is read as positive, mixed or negative.