- Charles Schwab is bolstering its robo-advice by launching a tool next month that helps users plan how to draw funds from their portfolios, the company said on Wednesday.
- “For some investors, this may be their first relationship with Schwab. This may be everything they ever need from Schwab. But for many others, it’ll be the start of a relationship,” Tobin McDaniel, the firm’s senior vice president of digital advice and innovation, told Business Insider.
- The Schwab Intelligent Income feature will be built as an option in its robo-advice offerings and will point users to smart drawdown strategies. It’s been in read more >>>