Schwab adds 16 fund families

San Francisco-based Charles Schwab Corporate and Retirement Services added 16 fund families to its Schwab Retirement Advisor Services platform.
The 16 new fund families on the platform include: BlackRock, Cohen & Steers, Diamond Hill, Hotchkis & Wiley, IXIS Advisors, JPMorgan Funds, Lazard Freres, LeggMason, Loomis Sayles, Mainstay Funds, Neuberger Berman, Pioneer, Principal Funds, ProFunds, SSGA and Transamerica IDEX.
Schwab Retirement Advisor Services launched in March 2005 to provide a simplified approach with a wide array of target-date funds.
As of March 31, Schwab Retirement Advisor Services had a total of 66 fund families and more than 1,800 investment options.