# Charles Schwab Investment Management, Inc

> Charles Schwab Investment Management, Inc is an SEC-registered investment advisory firm in San Francisco, CA, registered since 1990, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 106753
- Filed as: CHARLES SCHWAB INVESTMENT MANAGEMENT, INC
- Also doing business as: SCHWAB ASSET MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106753
- AdvisorCensus page: https://advisorcensus.com/firm/charles-schwab-investment-management-inc-san-francisco-ca-106753

## Quick answers

**How is Charles Schwab Investment Management, Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Charles Schwab Investment Management, Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Charles Schwab Investment Management, Inc located?**
Charles Schwab Investment Management, Inc's principal office is in San Francisco, CA, according to its Form ADV; the April 2026 filing also lists 13 other offices (Schedule D, Section 1.F).

**Is Charles Schwab Investment Management, Inc registered with the SEC or a state?**
Charles Schwab Investment Management, Inc is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 106753.

**How much does Charles Schwab Investment Management, Inc manage?**
Charles Schwab Investment Management, Inc reports $1,721,025,914,896 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (99% discretionary).

**How have Charles Schwab Investment Management, Inc's assets and staff changed since 2021?**
In the Form ADV data for Charles Schwab Investment Management, Inc: Regulatory assets under management: $609,947,976,569 in the October 2021 data and $1,721,025,914,896 in the October 2026 data, up 182%. Total employees: 782 in October 2021 and 946 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Charles Schwab Investment Management, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (697,928); high net worth individuals (154,404); corporations or other businesses not listed above (1,901).

**Which custodians does Charles Schwab Investment Management, Inc use?**
Charles Schwab Investment Management, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets.

**Does Charles Schwab Investment Management, Inc report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106753

**What changed in Charles Schwab Investment Management, Inc's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 173 to 175. Regulatory assets under management went from $1,436,974,514,828 to $1,721,025,914,896 (+20%). Changed its office addresses in Jersey City, NJ. Added an office in Lone Tree, CO. Added an office in New York, NY. No longer lists an office in Cleveland, OH. No longer lists an office in Omaha, NE.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc. (affiliated with the firm)

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,721,025,914,896
- Discretionary: $1,697,040,740,565
- Non-discretionary: $23,985,174,331

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 697,928 | $108,472,648,739 |
| High net worth individuals | 154,404 | $106,928,612,606 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 109 | $1,473,807,453,082 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 166 | $24,657,994,202 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1,805 | $1,695,676,780 |
| Charitable organizations | 264 | $757,529,406 |
| State or municipal government entities (including government pension plans) | 10 | $239,163,028 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 10 | $420,281,815 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1,901 | $4,046,555,238 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1990 (36 years)
- Employees: 946 total, 175 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106753

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Boston, MA
- Burlington, MA
- Chicago, IL
- Huntersville, NC
- Jersey City, NJ
- Lone Tree, CO
- Naples, FL
- New York, NY
- Phoenix, AZ
- Raleigh, NC
- Richfield, OH
- Southlake, TX
- Westlake, TX

### Websites listed on Form ADV (Item 1.I)
- linkdin.com/company/thomas-partners-inc
- schwab.com
- schwab.com/thomaspartners
- schwab.com/windhaven
- schwabassetmanagement.com
- schwabfunds.com
- schwabtrustbankcollectives.com
- thomaspartnersim.com
- thomaspartnersinc.com
- thomaspartnersincome.com
- thomaspartnersinvestmentmanagement.com
- windhaveninvestments.com
- LinkedIn @windhaven-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $609,947,976,569 | 782 | September 20, 2021 |
| October 2022 | $700,818,097,648 | 886 | September 21, 2022 |
| October 2023 | $782,620,910,160 | 1,007 | May 17, 2023 |
| October 2024 | $1,098,805,397,188 | 857 | September 24, 2024 |
| October 2025 | $1,436,974,514,828 | 877 | March 27, 2025 |
| October 2026 | $1,721,025,914,896 | 946 | March 30, 2026 |

Regulatory assets under management: $609,947,976,569 in the October 2021 data and $1,721,025,914,896 in the October 2026 data, up 182%.
Total employees: 782 in October 2021 and 946 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 173 to 175.
- Regulatory assets under management went from $1,436,974,514,828 to $1,721,025,914,896 (+20%).
- Changed its office addresses in Jersey City, NJ.
- Added an office in Lone Tree, CO.
- Added an office in New York, NY.
- No longer lists an office in Cleveland, OH.
- No longer lists an office in Omaha, NE.

### January 2026
- No longer lists an office in Lone Tree, CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Charles Schwab Investment Management, Inc (CRD 106753): Form ADV filing data as of October 2026.