Press Releases

11/14/14 5:45 am PST
The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of October 2014 include: Net new assets brought to the company by new and existing clients in October 2014 totaled $7.9 billion. Total client assets were $2.44 trillion as of month-end October, up 12% from October 2013 and up 2% compared to September 2014 more...
11/11/14 12:00 pm PST
The Charles Schwab Corporation has once again been named to the 2015 list of top “Military Friendly® Employers” and top Military Spouse Friendly Employers. The recognition is awarded by Victory Media, publisher of G.I. Jobs and Military Spouse and reflects the emphasis Schwab places on recruiting and training military veterans who are joining or rejoining the workforce. Schwab will be showcased along with other 2015 Military Friendly more...
11/10/14 6:00 am PST
For the first time, Schwab Trading Services is hosting an all-day educational event featuring both in-person and online seminars offering real-time trading insights and in-depth educational workshops. Open to all traders at no charge, participants will have the opportunity to submit questions to Schwab’s industry professionals about trading topics and market movements and can participate in interactive education sessions from almost anywhere more...
11/6/14 7:45 am PST
Schwab Advisor Services announced today the recipients of the ninth annual IMPACT Awards® for independent registered investment advisor (RIA) firms. The winners were honored this morning at the 2014 Schwab IMPACT® conference in Denver, the nation’s largest and longest-running annual gathering of RIA firms. The winning firms for 2014 are: Bingham, Osborn & Scarborough, LLC, for the Best-in-Business IMPACT more...
11/5/14 10:00 am PST
In a presentation to independent registered investment advisors (RIAs) at Schwab’s IMPACT® 2014 conference today, Neesha Hathi, senior vice president, Schwab Advisor Services, shared her perspective on how the explosion of consumer technology and growing client expectations is reshaping the future of RIA firms. Taking the advisor audience on a journey using three distinct client personas, Hathi showcased how technology trends may not only more...
11/5/14 7:45 am PST
Reflecting a proactive stance to ready their firms for the future, independent registered investment advisors (RIAs) are taking steps in the areas of leadership, talent and business legacy planning, according to the results of the latest Independent Advisor Outlook Study (IAOS) released today by Schwab Advisor Services at its annual IMPACT® 2014 conference. The study, which reflects responses from 740 RIAs representing $243 more...
11/5/14 7:30 am PST
Addressing a crowd of more than 3,600 attendees at IMPACT® 2014, the nation’s largest and longest-running annual gathering of independent registered investment advisors (RIAs), Bernie Clark, executive vice president of Charles Schwab & Co. Inc. and head of Schwab Advisor Services, challenged RIAs to pay attention to generational changes impacting the industry at both the firm and client level, as well as the environment of disruption more...
11/3/14 7:00 am PST
Focusing on the need for greater industry-wide diversity among independent registered investment advisors (RIA), Schwab Advisor Services has launched a comprehensive, multi-faceted program to help advisors understand the opportunity for and the value of creating a diverse workforce, and to help them take action toward accomplishing it. Called RIA Talent Advantage™, the program is designed to help firms build a culture of inclusion and more more...
10/30/14 6:00 am PDT
Schwab Charitable, one of the nation’s leading donor-advised fund organizations, announced today that it has made over $4.6 billion in grants on behalf of its donors to more than 86,000 charities since its inception 15 years ago. Thus far this fiscal year, the organization has seen grants increase 55% over the same period last year and expects this robust growth will result in over $1 billion in grants for the full year ending June 30, 2015 more...
10/30/14 6:00 am PDT
Although emerging markets (EM) stocks have disappointed investors in recent years, several factors indicate a potential turning point for the performance of EM stocks, says a new whitepaper by Charles Schwab. The whitepaper, titled “Finding Value in Emerging Markets Stocks,” is published as a Q&A with Jeffrey Kleintop, Schwab’s Chief Global Investment Strategist, and examines the recent performance of EM stocks, leading up to the more...
10/27/14 9:41 am PDT
The Charles Schwab Corporation (Schwab) today announced additional details about the company’s new automated investment advisory service, Schwab Intelligent Portfolios™, which it plans to make available to retail investors in the first quarter of 2015, with a white label version for Registered Investment Advisors available shortly thereafter. “Schwab Intelligent Portfolios addresses a growing demand for affordable, objective, more...
10/23/14 2:42 pm PDT
The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable November 21, 2014 to stockholders of record November 7, 2014. The Board of Directors of The Charles Schwab Corporation has also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or more...
10/16/14 8:00 am PDT
Schwab Advisor Services announced today the final keynote speaker lineup for IMPACT® 2014, one of the nation’s largest and longest-running annual gatherings of independent registered investment advisors (RIAs). Schwab also announced that, for the first time in the conference’s history, Schwab will broadcast opening remarks by Bernie Clark, executive vice president and head of Schwab Advisor Services, live via webcast from the event in more...
10/15/14 5:45 am PDT
The Charles Schwab Corporation announced today that its net income for the third quarter of 2014 was $321 million, comparable to $324 million in the second quarter of 2014, and up 11% from $290 million for the third quarter of 2013. Net income for the nine months ended September 30, 2014 was $971 million, up 29% from the year-earlier period. The company’s financial results for the third quarter and first nine months of 2014 include two nonrecurring more...
10/13/14 1:30 pm PDT
The Charles Schwab Corporation announced today that it has scheduled an Interim Business Update for institutional investors on Monday, October 27th. This Update, which will be held via webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from 8:00 a.m. - 9:00 a.m. PT, 11:00 a.m. - 12:00 p.m. ET. Participants will more...
10/7/14 5:00 am PDT
More than half of independent registered investment advisor (RIA) (53%) staff view technology as a front office function – a key strategy for delivering a high-quality client experience, while building scale and differentiation for the firm – according to results of a survey of registrants at Schwab Advisor Services’ SOLUTIONS® workshops this past summer. In the survey, representing responses from more than 1,000 RIA firm staff, Schwab sought more...
10/1/14 10:00 am PDT
This morning, Charles Schwab & Co., Inc., is celebrating the grand opening of its new Colorado campus in Lone Tree, Colorado. A total of approximately 1,900 Denver-area Schwab employees will move into the 650,000-square-foot, 47-acre campus in staged phases over the next year and a half, enabling the company to consolidate the majority of its Colorado operations in one facility, which is located at 9800 Schwab Way (at the corner of more...
9/24/14 8:00 am PDT
Schwab Advisor Services released the results from a first-of-its kind survey today examining the career paths of independent registered investment advisors (RIAs) and the attributes of the profession that attract talent into its ranks. Advisors in the study indicate being drawn to the industry by: opportunities for relationship-based client interactions, the ability to directly contribute to the growth of their firm, and the potential for more...
9/18/14 12:00 pm PDT
Charles Schwab announced it has added more than 60 additional ETFs to Schwab ETF OneSourceTM, giving investors and their advisors unparalleled choice through the program that offers them the most commission-free ETFs*. With seven new firms joining the original roster of six ETF providers, beginning today, investors can trade 182 ETFs covering 65 Morningstar Categories for $0 online trade commissions at Schwab with no early redemption fees or more...
9/17/14 8:00 am PDT
According to new independent registered investment advisor (RIA) compensation data from Schwab Advisor Services, there are three major tenets to attracting and retaining quality employees across all levels at RIA firms: aligning compensation plans with business strategies, incorporating more than just base salary into compensation plans, and creating a path to equity partnership for key employees. Compensation accounts for approximately more...
9/15/14 5:45 am PDT
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of August 2014 include: Net new assets brought to the company by new and existing clients in August 2014 totaled $8.5 billion. Total client assets were a record $2.45 trillion as of month-end August, up 18% from August 2013 and up 3% compared to July 2014. Clients’ daily average more...
9/8/14 6:00 am PDT
Charles Schwab Investment Management, Inc. (CSIM) announced today that it will expand its index mutual fund lineup with the launch of the Schwab Fundamental Global Real Estate Index Fund (SFREX). The new fund is the only U.S.-based real estate fund to apply the Russell Fundamental Index® Series to a broad-based, global portfolio of real estate securities. Managed by CSIM, the Schwab Fundamental Global Real Estate Index Fund will more...
9/3/14 11:00 am PDT
According to research conducted by Schwab Advisor Services on merger and acquisition (M&A) transactions1 in the independent registered investment advisor (RIA) industry, the first half of 2014 experienced a continued healthy pace of activity, with 29 completed deals totaling $32.6 billion in assets under management (AUM). Transaction activity picked up in the second quarter of 2014, with deal flow increasing from the first quarter. Sixteen more...
8/19/14 6:00 am PDT
A new survey finds there is widespread recognition of the 401(k)’s importance, but many workers are not taking full advantage of its benefits. The nationwide survey of 1,000 401(k) plan participants, commissioned by Schwab Retirement Plan Services, finds that a 401(k) plan is considered a crucial benefit by an overwhelming majority. When asked which benefits are “must haves” aside from health insurance, nearly nine in ten more...
8/14/14 5:45 am PDT
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2014 include: Net new assets brought to the company by new and existing clients in July 2014 totaled $15.9 billion. July 2014 net new assets included a $2.4 billion inflow related to a mutual fund clearing services client. Total client assets were $2.38 trillion as of month-end July, up 12 more...
7/29/14 6:00 am PDT
With stocks continuing to hover around record territory, a significant number of investors remain bullish on the second half of 2014, according to the latest client sentiment findings from Charles Schwab, one of the largest full-service investment services firms with more than $2.4 trillion in client assets. Nearly half (46 percent) of Schwab clients surveyed say they’re “bullish” as they look ahead to the second half of 2014, up two more...
7/24/14 2:12 pm PDT
The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable August 22, 2014 to stockholders of record August 8, 2014. The Board of Directors of The Charles Schwab Corporation has also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or $0. more...
7/22/14 8:30 am PDT
As part of its ongoing work to integrate with leading platforms serving independent registered investment advisors (RIAs), Schwab Intelligent Technologies™ announced today that Morningstar, Inc., a leading provider of independent investment research, will participate in Schwab OpenView GatewayTM, the flexible, open-architecture technology platform, enabling integration between Schwab systems and those of participating technology providers. The more...
7/22/14 5:30 am PDT
Charles Schwab will host a live, streaming education seminar for traders on Thursday, July 24, 2014. Part of its popular series of virtual educational events, the online workshops are open to all traders whether or not they are Schwab clients. Anyone interested in participating in this free event can visit www.schwab.com/VirtualTradingEvent to register. The educational workshops include: 5:00 – 6:00 p.m. ET: “Market more...
7/17/14 6:00 am PDT
Charles Schwab today launched a new Trading Insights hub on schwab.com, giving traders easy access to an on-demand educational experience to help them develop their skills and avoid common missteps. A broad range of articles and videos curated from Schwab’s team of trading professionals are available on the hub, along with materials from the robust, client-facing Trading Services Learning Center. This new content resource also includes video more...
7/16/14 5:45 am PDT
The Charles Schwab Corporation announced today that its net income for the second quarter of 2014 was $324 million, comparable to $326 million for the first quarter of 2014, and up 27% from $256 million for the second quarter of 2013. Net income for the six months ended June 30, 2014 was $650 million, up 41% from the year-earlier period.  Three Months Ended   Six Months Ended    --June 30,-- % --June 30,-- % more...
7/15/14 6:00 am PDT
Schwab Charitable, one of the nation's leading donor-advised fund organizations, reports continuing rapid growth in grants during its fiscal year 2014. Between July 1, 2013 and June 30, 2014, individuals granted out $822 million to more than 34,500 charities of their choice, an increase of 38% from the prior fiscal year. This rapid growth comes on the heels of a 10% increase in grants for fiscal year 2013. “Our donors have absorbed the more...
7/11/14 5:45 am PDT
The Charles Schwab Corporation announced today that it has scheduled a Business Update for institutional investors on Friday, July 25, 2014. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 8:30 a.m. - 12:45 p.m. PT, 11:30 a.m. - 3:45 p.m. ET. Participants will include members of the company’s executive management more...
7/10/14 5:00 am PDT
According to the results from the 2014 RIA Benchmarking Study by Charles Schwab, independent registered investment advisors (RIAs) have achieved record growth and the highest profitability of any year since the inception of the Study in 2006. While market performance has played an ongoing role in the growth of assets under management (AUM), an increasingly important proportion of RIA firm success is being driven by steady organic growth more...
7/9/14 7:00 am PDT
A recent study conducted by AARP Foundation and Charles Schwab Foundation followed the changes in financial behavior of individuals who participated in workshops delivered by community-based organizations using the AARP Foundation Finances 50+℠ curriculum. The study, which evaluated participants’ behavior before, three months after and six months after the program, suggests the workshops made a positive impact on various aspects of individuals’ more...
6/27/14 10:02 am PDT
Windhaven Investment Management, Inc., a leading investment advisory firm and a subsidiary of the Charles Schwab Corporation, today announced that it has appointed Liz Ann Sonders as a member of its investment management team and Chair of its Investment Committee, effective today. Ms. Sonders has been an active member of the Windhaven Advisory board since shortly after Schwab’s acquisition of Windhaven three years ago and also serves as Chief more...
6/26/14 5:00 am PDT
Charles Schwab: 66% of investors say there is room for more ETFs on the market today 71% are confident in their ability to pick an ETF that’s right for them, yet nearly 40% still want a better understanding of how to choose and use the products Investors’ understanding of ETFs is improving: 40% of investors say they know more now than a year ago 40% of investors today more...
6/19/14 5:45 am PDT
Charles Schwab Advisor Services released results of its 15th semi-annual Independent Advisor Outlook Study (IAOS) today at its annual EXPLORE® conference. Bernie Clark, executive vice president and head of Schwab Advisor Services, cited IAOS findings as he spoke with an audience of more than 160 independent registered investment advisors (RIAs) about the significant opportunity for growth over the next decade, as the next more...
6/19/14 5:45 am PDT
Addressing a gathering of more than 160 independent registered investment advisors (RIAs) at its annual EXPLORE® conference today, Bernie Clark, executive vice president and head of Schwab Advisor Services, revealed new Schwab research on “Generation Now” - affluent individuals between the ages of 30 and 45 who are following on the heels of advisors’ current pre-retired or retired clients. Schwab believes these affluent investors, who more...
6/17/14 5:45 am PDT
Top researchers associated with Giving USA 2014 shared highlights of the newly released report on American philanthropy at an event hosted by Schwab Charitable in San Francisco. The annual report by Giving USA Foundation shows gifts to charity from American individuals rose again in 2013 over 2012 levels. Amid this growth, national donor-advised funds continued to play a growing role in facilitating simple, tax-smart charitable giving more...
6/13/14 5:45 am PDT
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of May 2014 include: Net new assets brought to the company by new and existing clients in May 2014 totaled $10.9 billion. Total client assets were a record $2.35 trillion as of month-end May, up 12% from May 2013 and up 2% compared to April 2014. Clients’ daily average trades were more...
6/12/14 8:00 am PDT
Bernie Clark, executive vice president and head of Schwab Advisor Services, along with Jeff Brown, senior vice president and acting general counsel of The Charles Schwab Corporation will be attending the annual Investment Adviser Association (IAA) Lobby Day today and will meet with key legislators following the IAA’s briefing luncheon. Clark and Brown will be joined at the meetings by two advisors and will discuss regulatory more...
6/9/14 6:00 am PDT
Charles Schwab today announced that it has renewed its licensing agreement with global action campaign Girl Rising to screen their award-winning documentary at branches and other local venues across the country for the benefit of clients, Schwab employees and their families. In 2013, Schwab hosted more than 100 screenings of the film, and the new agreement runs through the end of 2014. Girl Rising, directed by Oscar-nominated director  more...
6/5/14 7:35 am PDT
Charles Schwab, one of the largest full-service investment services firms with more than $2.3 trillion in client assets, announced it has reached an important threshold with half of its total client assets now enrolled in an ongoing advisory relationship through its Investor Services businesses and the 7,000 independent Registered Investment Advisors (RIAs) it serves through Schwab Advisor Services. “We take pride in the role Schwab more...
6/2/14 8:30 am PDT
Schwab Advisor Services today announced a new national advertising campaign focused on celebrating independence, which will run in trade publications, in online banner ads and on social media channels beginning this month. The new campaign kicks off with a print ad featuring The Charles Schwab Corporation’s Founder and Chairman Charles ”Chuck” Schwab commending the independent advice model and underscoring Schwab’s continuing, industry-leading more...
5/28/14 8:00 am PDT
Charles Schwab, a full-service investment services firm, has opened the doors to a new retail branch location in Lone Tree, Colo. Located at the new Schwab campus being developed in the RidgeGate community at 9899 Schwab Way, it is one of Schwab’s four branch offices in the Denver area and offers access to a full range of investing and personal finance guidance, services and products. The branch, formerly located at the Denver more...
5/23/14 5:30 am PDT
Charles Schwab will host a live, streaming education seminar for traders on Wednesday, May 28, 2014. Part of its popular series of virtual educational events, the online workshops are open to all traders whether or not they are Schwab clients. Schwab’s team of Trading Services professionals will share insights on the current market environment and will offer help for traders interested in learning more about how to develop a trading more...
5/22/14 11:30 am PDT
Describing index investing as passive does a disservice to individual investors, says Charles Schwab, founder and chairman of The Charles Schwab Corporation, in his opening letter for a new report that helps individual investors better understand index investing and its role in wealth accumulation. Authored by the Schwab Center for Financial Research, The Wealth-Building Power of Equities and the Elegance of Indexing makes the more...
5/19/14 6:00 am PDT
The Charles Schwab Corporation’s 11th annual Schwab Volunteer Week begins today in 102 cities across the U.S., during which thousands of Schwab employees and executives team up to help local charities. This year’s event has a record number of participants, with more than 3,700 Schwabbies donating approximately 15,000 service hours to 258 projects benefiting nearly 200 charities. Approximately 100 Schwab branch offices around the country are also more...
5/15/14 1:11 pm PDT
The Board of Directors of The Charles Schwab Corporation has declared a semi-annual dividend on the outstanding Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A in the amount of $35 per share. The dividend is payable August 1, 2014, to stockholders of record at the close of business on July 17, 2014. About Charles Schwab The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of more...

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