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URL:  http://boards.fool.com/i-have-accounts-with-both-schwab-and-fidelity-and-29034241.aspx

Subject:  Re: Schwab Question Date:  1/16/2011  9:11 AM
Author:  Case58 Number:  68265 of 76082

I have accounts with both Schwab and Fidelity and done portfolio reviews with both. My experience was slightly better--but only slightly--than SirTas'. Essentially, they both apply simple pre-programmed portfolio allocation models based on your age and self-assessed risk profile. Then they try to to get you into their different funds as part of any re-allocation.

It's not a bad thing to do, and, being free, the price is right. But, as Ox and others note, don't take it at face value and you'll get better and more neutral evaluation here and on similar boards.
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