Charles Schwab Expands Its Educational Website, SchwabMoneyWise.com, to Help People at Every Stage of Life Master the Basics of Money Management

Website Features Extensive New Content, Tools and Resources

Tuesday, November 17, 2009 6:00 am PST

Dateline:

SAN FRANCISCO

Public Company Information:

NASDAQ:
SCHW

SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab & Co., Inc. has announced a significant renovation and expansion of its award-winning educational website, www.SchwabMoneyWise.com. Originally launched in April 2007 as a “money mentoring” destination for parents of teenagers, the website now offers more information, tools and resources to benefit all types of consumers, from those who want to learn the fundamentals of personal finance themselves to those who want resources to teach the basics to others.

“We continue to believe that it’s critically important to give young people the knowledge and skills that will enable them to make good financial decisions throughout life,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation. ”However, the need for financial literacy cuts across all generations. Many adults themselves have questions about personal finance, and SchwabMoneyWise.com now offers insight and guidance on a broad range of money topics and issues that are very relevant to their lives.”

With more than 250 new pages, the site includes:

Additionally, the popular “Ask Carrie” column, syndicated by Creators’ New Service to newspapers across the U.S., is now featured on the home page of SchwabMoneyWise.com, along with a complete archive of previous readers’ questions and answers organized by topic, from Kids & Teens to Retirement Planning.

“We believe that financial education is a prerequisite to smart decision-making and, ultimately, to lifelong financial well-being,” said Schwab-Pomerantz. “There’s no better time for people to take their financial pulse and get some help where they need it. It’s our hope that SchwabMoneyWise.com will continue to be an important destination for people who want to learn and make good financial choices for themselves and their loved ones.”

[PHOTO CAPTION: The interactive budget planner on SchwabMoneyWise.com helps people with one of the first steps toward financial well-being.]

About Charles Schwab

The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial services, with more than 300 offices and 7.6 million client brokerage accounts, 1.5 million corporate retirement plan participants, 687,000 banking accounts, and $1.3 trillion in client assets. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Named Highest in Investor Satisfaction by J.D. Power and Associates, its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org) , and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Advisor Services division. The Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. More information is available at www.schwab.com. (1109-11790)

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6100874&lang=en

Contact:

Charles Schwab & Co., Inc.
Sarah Bulgatz, 415-667-0328
sarah.bulgatz@schwab.com
or
CRT/tanaka
Alicia Gay, 212-229-0500
agay@crt-tanaka.com

Multimedia Files:

Preview image
The interactive budget planner on SchwabMoneyWise.com helps people with one of the first steps toward financial well-being. (Graphic: Business Wire)

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