Schwab Intelligent Portfolios' simple, intuitive interface makes investing more accessible, easier to understand and a lot less work. The product builds, monitors and re-balances fully diversified portfolios without service or management fees.
Launched March 2015
Following Initial Product Launch
UX and development teams began to increase consistency across the web product . Compact native and tablet design began for both iOS and Android platforms.
Over $21 billion in assets under management in the Schwab Intelligent Portfolio product.
Approximately $2.6 trillion in assets under Charles Schwab wealth management overall.
Set Up & Track an Investment Goal
Goal Tracker provides daily monitoring of whether a goal is On Target, Off Target, or At Risk by projecting hypothetical portfolio performance.
The product tracks progress against a goal over time and allows adjustments to variables, such as contributions. The impacts of the changes to their goal are reviewed with the user for review, before saving.
Automatic tax-loss harvesting for portfolios with $50,000.
"I literally had to do nothing else but sign up and transfer the funds. I can't speak highly enough of it."
— Schwab Intelligent Portfolios Customer
Understanding Customer Needs and Obstacles
The Intelligent portfolios customer journey map was created to visualize the steps a customer moves through as they strive to meet financial goal(s).
Early Wire Frames
Initial wires presented retirement saving and retirement withdrawal together.
UX Team and Product Owners discovered during some collaborative rapid prototyping that this approach was too complex. Later versions of the interaction wires would show Retirement Saving and Retirement Income as two separate states.
Low Fidelity Process
Explored a couple different interactions for goal setup. A horizontal meter to communicate confidence and progress against a goal seemed simpler at first. However after some exploration the product owner and UX agreed the best way to communicate the details of future return scenarios visually, was with a Monte Carlo simulation chart.
Speech Recognition Sketches
Easier Data Entry
Conversational Goal Set-up
Setting up a goal can be more conversational. Customers may enter data by speaking and automatically be advanced through the form on their mobile device. Making it much easier to input data.