About Us
About Us

Our Collective Investment Trusts put investors first.

Each one of the Charles Schwab Trust Bank Collective Investment Trusts (CITs) is built with the needs of individual investors in mind and to the highest fiduciary standards. Our CITs provide innovative products and services to our clients and the marketplace.


Charles Schwab Trust Bank CITs

Offering a range of investment options for qualified retirement plans, Charles Schwab Trust Bank CITs:

  • Keep the needs of the individual plan participant in mind.

  • Leverage Schwab Asset Management's expertise in fund administration, portfolio management, plan sponsor servicing, and participant education.

  • Foster relationships with leading investment firms that serve as sub-advisors¹ to the Trusts.

¹"Sub-advisors" include nondiscretionary sub-advised portfolios and investment in third-party collective funds, mutual funds, and/or exchange-traded funds.

Retirement plans have diverse needs. We meet them.

The needs of our clients vary widely. That’s why we’ve developed a range of CIT products, including target date, equity (domestic and international), and fixed income trusts. Each trust employs industry-recognized sub-advisors and is available to qualified retirement plans.


Structure and benefits

Collective investment trusts (CITs), also known as commingled funds or collective trust funds, are pooled investment vehicles organized as trusts and maintained by a bank or a trust company.

CITs are similar to mutual funds in the following ways:

  • Both are pooled investment vehicles, allowing easier access for multiple investors to invest in a single investment strategy based on economies of scale.
  • The majority are priced and traded daily, utilizing standardized industry automation, which offers investors flexibility for managing and rebalancing their accounts.
  • The majority provide frequent performance reporting, giving plan sponsors and consultants access to detailed and timely information.
  • Registration

    Although CITs are generally exempt from registration with the Securities and Exchange Commission (SEC), they are regulated by other governmental bodies.

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  • Benefits of investing in CITs

    The benefits of investing in CITs include low cost, flexibility, and a more stable and predictable cash flow environment.

     

    Learn more about investing in CITs Tooltip

  • Who can invest in CITs?

    CITs are available only to eligible retirement plans and their participants.

    Learn more about who can invest in CITs Tooltip


Get to know our team.

  • Omar Aguilar, Ph.D.

    Chief Executive Officer, Chief Investment Officer

    Schwab Asset Management™

    Learn more about Omar >

  • Brett Wander, CFA®

    Managing Director
    Chief Investment Officer, Fixed Income and Tactical Solutions

    Schwab Asset Management™

    Learn more about Brett >

  • John Sturiale, CFP®

    Managing Director, Head of Product Management and Strategy

    Charles Schwab & Co., Inc.

    Learn more about John >

  • John Greves, CFA®

    Managing Director, Head of Multi-Asset Strategies

    Schwab Asset Management™

    Learn more about John >

  • Jake Gilliam, CFA®

    Director, Head of Wealth Management Solutions

    Charles Schwab & Co., Inc.

    Learn more about Jake >

  • Michael Bonardi

    Managing Director, Head of Multi-Asset Product Management and Strategy

    Charles Schwab & Co., Inc.

    Learn more about Michael >

  • Peter Bobick, CFP®

    Portfolio Strategist

    Charles Schwab & Co., Inc.

    Learn more about Peter >

  • Adolph Ojeda

    Managing Director, Specialty Products and Regulatory Relations

    Charles Schwab Trust Bank

    Learn more about Adolph >

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