Charles Schwab & Co., Cáritas’s custodian and clearing firm for all assets, serves roughly 3,250 Registered Investment Advisors domestically and abroad, and is your trusted back office administrator for trading, clearing and custody of our assets.
With over $3 trillion in assets under management, Charles Schwab & Co. ranks among the top ten largest financial institutions in the country.
And over $1 trillion of those assets are held and managed by Registered Investment Advisors like Cáritas.
Charles Schwab charges fees of around $25 – $50 per transaction for certain fixed income bond transactions, but otherwise they do not charge client fees. All stock and ETF trades are free of charge, aside from what Schwab charges us to do business on their platform.