Public.com is suitable for self-directed investors seeking commission-free trading and a wide range of investment options with a low account minimum. Charles Schwab Intelligent Portfolios Premium is better for investors who prefer managed portfolios with financial advisor access and are comfortable with higher fees and account minimums.
| Attribute | Public.com | Charles Schwab Intelligent Portfolios Premium |
|---|---|---|
| Commission Fees (Stocks/ETFs) | Commission-free trading for stocks and ETFs. Regulatory fees and other fees may apply. | There are no commissions charged for trading stocks and ETFs. |
| Account Minimum | $20 | The minimum to enroll is $25,000, with a $5,000 minimum per account. |
| Portfolio Management Fee | Not specified in the search results. | One-time planning fee of $300 and a $30 per month advisory fee. |
| Investment Options (Stocks, ETFs, Crypto) | Stocks, ETFs, options, cryptocurrency, bonds, Treasury bills, fine art, and collectibles. | Portfolios of low-cost ETFs spanning stocks, fixed income, and commodities. About 20 asset classes. Crypto is not listed. |
| Automated Rebalancing | Investment Plans allow custom portfolios and automated investing with recurring contributions. It allows you to fine-tune asset allocation, but it doesn't offer dynamic rebalancing. | The platform automatically rebalances accounts using an algorithm. Portfolios are monitored daily, and rebalancing occurs as needed. |
| Tax-Loss Harvesting | Not specified whether they offer this feature. | Tax-loss harvesting is available for clients with $50,000 or more in an individual Schwab Intelligent Portfolios account who choose to enroll. |
| Financial Advisor Access | No access to financial advisors for personalized advice and planning. | Access to unlimited 1:1 guidance from a CERTIFIED FINANCIAL PLANNER professional. |
| Social Trading Features | Social trading services have ended. | There is no mention of social trading features. |
| Educational Resources | Options Education Hub and an AI-powered assistant named Alpha. | Schwab provides various educational resources, including articles, podcasts, market commentary, and in-depth trading education via its Learning Center. |
| Mobile App Availability & Rating | iOS: 4.7/5, Android: 4.5/5 | The service is accessible through online and mobile apps for both Android and iOS. The provided context does not include specific ratings for the mobile app. |
| Customer Support Channels & Responsiveness | In-app chat and email. No phone support. | Customer support is available through phone, local branches, and 24/7 live chat. |
| Fractional Shares Availability | Yes, $5 minimum for fractional trading of stocks. | Fractional shares are available. You can buy slices of stock in top U.S. companies (S&P 500) for as little as $5. However, fractional shares of ETFs are not supported within managed portfolios. |