Charles Schwab Investment Management

Charles Schwab Investment Management, now operating under the brand name Schwab Asset Management, is the asset management arm of The Charles Schwab Corporation. It is one of the largest investment managers in the United States, providing a wide array of products including exchange-traded funds (ETFs), mutual funds, and money market funds. The firm focuses on delivering low-cost, core investment strategies to individual investors, financial advisors, and institutional clients. While the company manages investment portfolios that may include significant holdings in the healthcare and biotechnology sectors, it is not a life sciences or healthcare company itself. Its primary business involves financial product engineering, portfolio management, and investment advisory services.