Robo investing schwab summary
This feature generally would be more beneficial to investors in higher tax brackets and high-tax states. Tax-loss harvesting is not appropriate for all investors. Investing in securities involves risk of loss that the client should be prepared to bear. TDAIM does not represent or guarantee that the objectives of the tax-loss harvesting feature will be met.
The performance of the replacement securities purchased through the TDAIM tax-loss harvesting feature may be better or worse than the performance of the securities that are sold for tax-loss harvesting purposes. When you enroll in the tax-loss harvesting feature, the enrollment is on an account basis and does not apply to other TDAIM portfolios you may have.
The wash sale rule postpones losses on a sale, if replacement shares are bought around the same time. Read the full article. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
Pottruck, who had spent the majority of his 20 years at the brokerage as Charles R. Schwab's right-hand man, shared the CEO title with the company's founder from to In May , Mr. Schwab stepped down, and gave Pottruck sole control as CEO. On July 24, , the company's board fired Pottruck, replacing him with its founder and namesake. After coming back into control, Mr. Schwab conceded that the company had "lost touch with our heritage", and quickly refocused the business on providing financial advice to individual investors.
He also rolled back Pottruck's fee hikes. The company rebounded, and earnings began to turn around in , as did the stock. Schwab's YieldPlus fund drew controversy during the financial crisis because of its Bettinger, the previous chief operating officer , was named chief executive, succeeding the company's namesake.
Charles R. Schwab remained executive chairman of the company and said in a statement that he would "continue to serve as a very active chairman".

