Schwab ‘robo-adviser’ bets big on cash and ‘smart’ beta
![](https://s32566.pcdn.co/wp-content/uploads/2019/10/FREE_150229915_AR_-1_XNHHSBDZWCGN-2-951x634.jpg.optimal.jpg)
Brokerage platform will use asset-allocation strategies of disputed merit with retail clients.
Look under the hood of Charles Schwab Corp.'s “robo-adviser” and you'll find a good amount of cash and the handiwork of a goateed gentleman named Rob Arnott.
Schwab will make extensive use of index-based investment strategies popularized largely by Mr. Arnott in a digital investment offe
Learn more about reprints and licensing for this article.