Schwab Wealth Advisory, Inc.

• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated June 29, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Not reported.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Not reported.

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2011 (14 years)

Employees

Total: 1,457. Performing investment advisory functions: 1,375.

Wrap fee program participation

Yes.

Other offices (Schedule D, Section 1.F)

23 other offices, as of the July 2026 filing

Atlanta, GAAustin, TXBellevue, WABoston, MAChicago, ILIndianapolis, INIrvine, CAJersey City, NJLone Tree, COLos Angeles, CAMinneapolis, MNNew York, NYOmaha, NEOrlando, FLPhoenix, AZRadnor, PARichfield, OHSan Diego, CASeattle, WASt Louis, MOTampa, FLTysons Corner, VAWestlake, TX

States registered or notice-filed

53 states or jurisdictions

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVIVTWAWIWVWY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

4 Reports 4 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Criminal matters Items 11.A and 11.B

• 11.A(2) In the past ten years, has the firm or an advisory affiliate been charged with a felony?

Regulatory matters Items 11.C to 11.G

• 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?
• 11.D(5) Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?
• 11.F Has an authorization to act as an attorney, accountant, or federal contractor granted to the firm or an advisory affiliate ever been revoked or suspended?

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. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Total employees: 699 in October 2021 and 1,457 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. June 2026
   • Item 11 disclosure answers changed: 4 yes answers, previously 3 (now yes: 11.A(2)).
2. April 2026
   • Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.D(2), 11.D(5), 11.F).
   • Employees performing advisory functions went from 987 to 1375.
   • Changed its office addresses in Jersey City, NJ.
   • Added an office in Irvine, CA.
   • Added an office in Lone Tree, CO.
   • Added an office in Tampa, FL.
   • No longer lists an office in Henderson, NV.
   • No longer lists an office in Holladay, UT.
   • No longer lists an office in Newport Beach, CA.
3. January 2026
   • Changed its office addresses in Jersey City, NJ.
   • Changed its office addresses in Newport Beach, CA.
   • Added an office in Holladay, UT.
   • Added an office in Los Angeles, CA.
   • Added an office in Minneapolis, MN.
   • Added an office in New York, NY.
   • Added an office in Orlando, FL.
   • Added an office in San Diego, CA.
   • No longer lists an office in Lone Tree, CO.
   • No longer lists an office in Santa Barbara, CA.
4. December 2025
   • Item 11 disclosure answers changed: 0 yes answers, previously 2 (now no: 11.A(1), 11.F).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Not reported.