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Et 4207 Fillable Form

Et 4207 Fillable Form

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Quick guide on how to complete et 4207 fillable form

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earlier this week this sec announced a settlement and substantial fine against schwab for its robo advisor service services called schwab uh intelligent portfolio they were actually fined 187 million dollars and the reason is because of how schwab marketed its robo advisor and specifically what it did with you and with that let's get right to it first i want to show you schwab schwab's intelligent portfolios here's from their website and i'm going to show you sort of what the issue is it's something i've talked about in the past we're looking at their aggressive growth portfolio and you can see that it's 94 stocks but they then put six percent in cash and if you select this risk profile you don't have any choices about that you have to keep six percent of your money in cash and if you if you go uh less aggressive the cash balance starts to go up slowly at first it just goes to seven percent here moderate growth it

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