Account values fell sharply from the previous quarter and were 6.3% lower than the previous year, according to Charles Schwab’s SDBA Indicators Report.
Tag: self-directed brokerage accounts
A new report from Charles Schwab explores retirement plan participant investment activity within self-directed brokerage accounts; findings show self-directed accounts associated with advisers are better diversified.
A Charles Schwab SDBA report says the group allocated to ETFs and saved cash at a higher rate than other generations.
A report based on data from participants in the Schwab Personal Choice Retirement Account says 18.7% of SDBA accounts were managed by an independent investment adviser.
A new brokerage window option allows advisers with relationships with 401(k) participants have access to participant accounts.