If You Offer Cheap ETFs, Investors Will Come

Charles Schwab continues to attract investors and financial advisors, offering access to cheap ETFs for many years and recently axing commission trading fees. Charles Schwab’s ETF suite has accumulated $150 billion in assets under management, is the fifth-largest ETF provider in the U.S., and is the third-largest in flows for the past couple of years. “It’s exceeded our expectations and we just couldn’t be happier,” Jonathan de St. Paer, President of Charles Schwab Investment Management, said at the 2019 Schwab IMPACT conference. Schwab offers some of the cheapest U.S.-listed ETFs…