Portfolio Reviews. 1 Charles Schwab Private Client Advisor interview questions and 1 interview reviews. Pledged Accounts also secure any obligations owed to Schwab. The share-class exchange transactions will be reflected on your trade confirmations and account statements. If the Quarterly Total Amount (plus any MAS or SMP fees for accounts grouped together with the accounts in your Portfolio for purposes of meeting the Quarterly Minimum and calculating the Quarterly Maximum) is greater than the Quarterly Minimum, you will pay the Quarterly Total Amount for that quarter; otherwise, you will pay the Quarterly Minimum. If you do not terminate your enrollment prior to the effective date of an amendment, you will be deemed to have agreed to such amendment. Billable Assets include Billable Fund Shares. You acknowledge and understand the risks of pledging securities as collateral for the PAL, including, but not limited to, the risks related to a payment or collateral demand, collateral defaults, or maintenance events, as applicable, based on the terms of your PAL loan documents and Pledged Account agreements and applications. You will be responsible for servicing, deepening and retaining client relationships through supporting a team of Schwab Private Client Advisors. These accounts are maintained with Charles Schwab & Co., Inc. ("Schwab" or "we") in Schwab's capacity as a broker-dealer and custodian of your account assets ("brokerage accounts"). Retirement Accounts and IRAs. SPCIA representatives are not required to notify you in the event of a payment or collateral demand, collateral default or a maintenance event, as applicable based on the terms of your loan documents. As a Schwab Private Client, we felt cared about in a personal way with financial advice geared to our unique circumstances. Automated investing, professional advice, or trade on your own. C. Assignment. By providing information, analysis or advice, Schwab and SPCIA do not assume any obligation to monitor your accounts or to stop or change any trades that you place or direct in your accounts. B. Charles Schwab Inc. 4.0 Orlando, FL 32810 Each Private Client Advisor builds and serves a practice of High Net Worth clients, constructing customized portfolios and providing advice specific to … Learn about our range of options, from high-tech to high-touch. Call Schwab or, beginning January 1, 2012, SPCIA if you would like to enroll a new account. Get hired. A Schwab Financial Consultant can help you achieve your financial goals. The Schwab Advisor Network includes approximately 200 prescreened independent advisory firms nationwide. G. Pledged Accounts. Schwab offers tools and expertise to help advisors manage personal trust assets efficiently with solutions for individual trustees and for clients seeking a corporate trustee, providing a full range of trust administrative and reporting services. To help meet your unique wealth management needs, your team creates and adjusts a sophisticated strategy that's tailored for you. If you believe that there are any discrepancies between the SPC fees actually charged and the SPC fees calculated under the applicable fee schedule, you agree to notify SPCIA. Schwab representatives receive incentive compensation based in part on recommending that their clients enroll in SPC. Portfolio management is provided by Schwab Private Client Investment Advisory, Inc., a Registered Investment Advisor and an affiliate of Charles Schwab & Co., Inc. Asset allocation and diversification strategies do not ensure a profit and do not protect against losses in declining markets. Portfolio management services are provided by Charles Schwab Investment Advisory, Inc. (“CSIA”). SPCIA will act as an investment advisor within SPC pursuant to an agreement with Schwab. For example, a client who enrolled on or after January 1, 2014, with $2 million in equities and $375,000 in fixed income investments would be subject to: (1) 0.70% APR on all $375,000 in fixed income investments; (2) 0.90% APR on $500,000 in equities; (3) 0.85% APR on $500,000 in equities; and (4) 0.80% APR on $1,000,000 in equities. Usage will be monitored. Unless you or another account holder in your Portfolio has designated a single billing account, the SPC Fee will be allocated among the accounts of your Portfolio in proportion to their percentage of the Portfolio's Billable Assets. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. If you have Schwab brokerage accounts pledged as collateral for the Pledged Asset Line® offered by Charles Schwab Bank, SSB ("Schwab Bank"), please refer to the "Pledged Accounts" section for additional information. You agree that Schwab may, but is not obligated to, accept and rely upon your oral authorization, whether given to Schwab or SPCIA, to unenroll from SPC. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC), offers investment services and products, including Schwab brokerage accounts. Some of the key risks are as follows: You are responsible for notifying your SPCIA representative of any unique limitations or requirements related to your Pledged Accounts. www.schwab.com/public/schwab/nn/agreements/cash_features_disclosure_statement.html. The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value. Schwab, SPCIA and these affiliated companies (together, the "Affiliates") are subsidiaries of The Charles Schwab Corporation. Schwab Private Client is a premier, fee-based and non-discretionary investment advisory solution providing clients with a personal relationship, specialized service and ongoing advice built on Schwab’s approach to investing. Schwab Private Client is a premier, fee-based and non-discretionary investment advisory solution providing clients with a personal relationship, specialized service and ongoing advice built on Schwab's approach to investing. Please be aware that if you are enrolled in SPC and holders of other accounts in your Portfolio elect to change or terminate their enrollment, the proportional share of the SPC Fee borne by your accounts can increase and/or the remaining enrolled accounts may no longer be appropriate for SPC. C. Payment of SPC Fee. You would not pay the SPC Fee if you were to purchase these fund shares in an account not enrolled in SPC. You are responsible for monitoring your accounts and determining when and if to buy, hold or sell securities. Schwab Advisor Services serves independent investment advisors and includes the custody, trading and support services of Schwab. SPC Quarterly Fees will be billed on the last business day of the quarter. Charles Schwab & Co., Inc. All rights reserved. Unauthorized access is prohibited. Schwab may immediately terminate your enrollment in SPC in the event you fail to timely pay any fee (including the SPC Fee), commission, charge or other amount you owe Schwab related to your accounts. All advisors are prescreened on criteria such as investment management experience, amount of assets managed, and professional education. Jason Abar (CRD# 3077330) is an Investment Advisor Representative working at Schwab Private Client Investment Advisory, Inc. in Lone Tree, CO and has over 16 years of experience in the finance industry. D. Mutual Fund Share Class Exchanges. If you elect to maintain your Retirement Account in SPC thereafter, you will be considered to have given such express authorization. Unauthorized access is prohibited. Calculation of the Rates. Understanding these principles can help you reach your financial goals. Meet the experts behind Schwab's investing insights. Find a Branch Find a Consultant. Such accounts are not exempt from the SPC Fee, however; any such account enrolled in SPC will be subject to its share of the SPC Fee. You are not entitled to an extension of time to respond to a payment or collateral demand, collateral default or maintenance event, as applicable based on the terms of your loan documents. For example, Schwab provides investment advisory, transfer agent and shareholder services to certain of the Affiliated Funds. Call 866-645-4124. Independent investment advisors are not owned by, affiliated with or supervised by Schwab. Termination of your enrollment in SPC will not affect your obligations, including, but not limited to, your payment of the SPC Fee due before such termination is effective, nor will termination of enrollment, by itself, close your accounts or terminate the account agreement(s). To the extent that any account lacks sufficient funds to pay the SPC Fee, or other fees and charges not covered by the SPC Fee, you also authorize Schwab, to the extent permitted by law and your brokerage account agreement(s), to debit those fees and charges to other Schwab accounts in which you have an interest, including unenrolled accounts. Schwab Bank establishes requirements as to the type, value, and concentration of assets that are required to be maintained in the Pledged Accounts as collateral for the PAL, and may change these requirements at its sole discretion. Changing or Terminating SPC Enrollment. Please see the SPC Disclosure Brochure for more information. Member SIPC. Discover why more advisors choose Schwab than any other custodian in the industry. At any time, including if the loan value of collateral in the Pledged Accounts is insufficient to satisfy the minimum loan value of collateral or to support the outstanding loans, Schwab Bank may demand immediate payment of all or any portion of the outstanding obligations or may require that additional cash or securities be added to the Pledged Accounts. Charles Schwab offers a wide range of financial services and products, including online trading for all levels of investors. You acknowledge that you, and not Schwab or SPCIA, are responsible for those decisions.