Schwab Investor Services News

Charles Schwab Investment Management, Inc. (CSIM) announced today that three of its mutual funds received accolades from Lipper as best-in-class over the last 10 years.

Despite a general sense of confidence in their financial readiness for retirement, affluent Americans might be overlooking critical tenets of retirement planning, according to a new Schwab survey of approximately 1,800 investors across nine major U.S. markets. More than eight in 10 (84 percent) investors say they have a retirement plan in place, and 80 percent of these respondents say they are confident about their financial readiness for more...

Investors seeking an easy-to-understand, low-cost retirement funding option that can generate guaranteed income for life can now consider the new Schwab Retirement Income Variable Annuity (SRIVA), Charles Schwab announced today.

Charles Schwab Investment Management, Inc. announced today three new additions to the Schwab Target Funds for the years 2045, 2050, and 2055. Additionally, Charles Schwab Bank has added two new funds to its line-up of collective trust funds for eligible retirement plans – the Schwab Managed Retirement Trust Fund 2055 (SMRT 2055) and the Schwab Indexed Retirement Trust Fund 2055 (SIRT 2055).

This holiday season, Americans are wishing for a better employment picture for the United States, according to the latest quarterly pulse survey from Charles Schwab and Co., Inc. Nearly half (46 percent) of Americans wish to unwrap a lower unemployment rate for the country this holiday season, followed by a substantial decrease in the national debt (26 percent) and a better housing market (12 percent).

Thanks to cloud technology, active traders can now access Schwab’s most powerful trading platform, StreetSmart Edge®, on the web from any Mac or PC with an internet connection, giving traders flexible access to everything that was previously available only using downloadable software.

The majority of active traders believe that the market will close higher in both 2012 and 2013 despite expressing concerns going into last week’s Presidential election, according to data released today by Charles Schwab.

Charles Schwab is expanding its education program for active traders by providing live online access to the next Schwab Trader Day. For the first time, active traders will be able to participate in this in-person event by streaming live workshops on essential trading topics and visiting the virtual exhibit hall directly from their home computers.

Charles Schwab today announced the expansion of its global investing capabilities with the launch of the Schwab Global Account^TM, a platform providing investors direct, 24/7 online access to 12 foreign equity markets with the ability to trade in their local currencies whenever the markets are open.

Charles Schwab today announced a sponsorship of the 34^th America’s Cup, becoming the official investment firm for the America’s Cup World Series events in San Francisco and the Louis Vuitton Cup, America’s Cup Challenger Series, and America’s Cup Finals in 2013. Over the next 13 months, Schwab’s founding city of San Francisco, Calif. will play host to the high-profile international competition and its millions of fans.

Charles Schwab announced on Saturday the grand prize winner of its first “Oh, Chuck! I Blew my Cash” contest. Dan Lamoureux of Thornton, Ill. will be awarded $10,000 in a Schwab brokerage account for sharing his story of a regrettable impulse purchase: a castle bounce house. more...

Charles Schwab has received the highest ranking in overall customer satisfaction in the 2012 US Self-Directed Investor Satisfaction Study^SM from J.D Power and Associates. With an index score of 801 on a 1,000-point scale, Schwab scored 33 points above the overall satisfaction industry average. Schwab received the highest score in customer satisfaction in the areas of account information, account offerings and information resources. more...