Schwab’s innovative self-directed brokerage account gives participants flexible investment options.

Self-Directed Brokerage Accounts: The Power of Choice

The Schwab Personal Choice Retirement Account (PCRA) is one of the industry-leading self-directed brokerage account (SDBA) that could complement your existing offer to make your retirement plan more appealing.

It allows you to offer a wider range of investment choices for the more knowledgeable investors in your organization.

• Extensive investment choice, including one of the largest selection of no-load, no-transaction-fee mutual funds 1 available in a self-directed brokerage account offering, stocks, bonds, exchange-traded funds 2 (ETFs,) and 
• Competitive commissions and fees 3
• Industry-leading research, tools, and analyst opinions and expertise
• Dedicated SDBA call center
• Multiple ways to trade and obtain account information including mobile access

Our extensive brokerage experience enables us to work with virtually all retirement plan recordkeepers. Schwab offers seamless integration with nearly any existing retirement plan, making it a strategic choice for today’s market.

Choose which investments to include

Choose from our list of investments to create a customizable trading menu just for your plan. For example, you can limit the purchase of company stock, allow only mutual funds, or create a fully open brokerage window.

Count on extraordinary service

With an average of 16 years of SDBA industry experience and 10 years at Schwab, your dedicated team of representatives has the expertise to address your plan’s needs.

Keep employees informed

We’ll work with you to develop a comprehensive SDBA communications program, including online educational opportunities.

Help Employees Take Control of Their Plan Investments

Offer employees a brokerage window with the freedom to choose from more than 6,500 mutual funds from over 430 well-known fund families—including thousands of no-load, no-transaction-fee mutual funds and load-waived fund shares. Employees can also choose individual stocks from all major exchanges, bonds and other fixed income investments, ETFs, CDs, and money market funds.

Arm employees with educational resources

Give employees access to in-person and online investment seminars covering topics such as building diversified portfolios and getting the most from our investor website.

Provide access to comprehensive research

Employees can take advantage of our powerful research tools on Schwab.com, including the Schwab Mutual Fund OneSource Select List(A), Schwab ETF OneSource List(B), and Schwab Equity Ratings 4 .

Connect with investment advisors

For those seeking professional investment management, if your plan allows, we may be able to offer eligible participants a referral to Schwab’s network of independent investment advisors 5 .