Managed Account Select®	Schwab Wealth Advisory™	Schwab Advisor Network®
Offering	Focused investment strategies from an asset management firm	A personalized approach to wealth management	Connect with an independent advisor through Schwab
Minimum investment	Starts at US$100,000	US$500,000	Typically starts at US$500,000
Fees	Tiered, asset-based fee; no trading or transaction fees.	Annual fee that starts at 0.80% of assets; no trading or transaction fees.	No referral fee. Additional fees and pricing are transparent and depend on services.