UNITED STATES OF AMERICA SECURITIES AND EXCHANGE COMMISSION File No. 3 ...

Form ADV filings about the cash component of their robo-adviser service, Schwab Intelligent Portfolios (“SIP”). Each of SIP’s model portfolios held between 6% and 29.4% of clients’ assets ... allocations, which could negatively impact performance in a rising market; and that the cash allocations were higher than other services because ... ................
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