In addition to our “Comprehensive” and “Collaborative” service levels, we also offer some of our services in a “Do-It-Yourself” service level that has a lower annual fee and no minimum. Basic services include asset allocation design and portfolio management using Schwab’s Institutional Intelligent Portfolios, an automated investment management platform. Some additional services are available for an additional charge.
Not everyone who wants or would benefit from our services can meet our “Comprehensive” or “Collaborative” service levels’ minimum fees. Those fees are there to cover the cost of the manual trading, bespoke financial planning services, and comprehensive wealth management that we offer. However, with Schwab Institutional Intelligent Portfolio doing the trading, we are able to provide investment management services at lower costs to ourselves and thus lower costs to those clients. With this lower fee, more people can benefit from our services.
It is easy to get started with this service today.
What You Do
Clients can both sign-up and manage their accounts easily online via InstitutionalIntelligent.Schwab.com; enrollment and account open are paperless.
You can open a Schwab Institutional Intelligent Portfolio with Marotta Wealth Management simply by going to https://institutionalintelligent.schwab.com/ and clicking “Get Started” in the upper right corner. You will be presented with a page of disclosures from Schwab about how the program works. Then, at the bottom of that page, you can sign up with Marotta Wealth Management by filling in our Advisor Program Key CT14 and clicking “Continue.”
Next, Schwab will ask you a series of questions about your goal for this account. Answer them as honestly as possible, but these questions will not be the primary source of information that Marotta Wealth Management will use to determine your target asset allocation.
After answering the questions, you will ultimately be able to enroll, a process which they estimate takes 10 minutes.
If you have multiple accounts you wish to open with us, you can simply repeat the process to open additional accounts.
Advisor Program Key:
What We Do
After you’ve finished your enrollment, we will reach out to you to collaborate on designing your first asset allocation. We will ask you about your financial goals and average withdrawal needs. Once that information is gathered, we will craft an asset allocation to help you meet those goals and needs.
Portfolio construction begins with the most basic allocation between investments that offer a greater chance of appreciation (stocks) and those that provide portfolio stability (bonds). We will send this top level asset allocation for you to approve. Upon your approval, we will implement your asset allocation, and your intelligent portfolio will begin investing.
Underneath your top level asset allocation, we will be dynamically managing a sector allocation of low-cost funds. We will be adjusting the sector allocation monthly based on forward P/E ratios. We will also be regularly curating the list of low-cost funds in a quest for even better options and adjusting our sector allocation targets in response to new information.
After approving your asset allocation, we will find out if there are more accounts you wish to open. For each additional account, we will implement your selected asset allocation using tax-efficient asset location on the new accounts as you open them.
We will also enroll you in an exclusive newsletter for the Do-It-Yourself service which will remind you of important financial planning decisions and step you through how to make them for your family.
After you have been enrolled in the program for at least three months, you may shop and select any of the Bonus Services for an additional planning fee. We will gather the necessary information and deliver any relevant reports to you via our secure client portal.