Firm Also Received Five Stars for Banking Services in SmartMoney Magazine’s 2010 Broker Survey
Public Company Information:
SAN FRANCISCO--(BUSINESS WIRE)--The 2010 Annual Broker Survey by SmartMoney, The Wall Street Journal magazine, names Charles Schwab & Co., Inc. "best broker" in two categories — research and mutual funds / investment products. In the magazine's June, 2010 issue, 17 firms were rated in the discount brokerage rankings with Schwab rated best in research for the second year in a row.
“At Schwab, we empower individual investors by providing the help, guidance and tools necessary to achieve financial success,” said Ben Brigeman, executive vice president, Schwab Investor Services. “We believe knowledge is power, and ranking best overall in the research and the mutual funds / investment products for the second year in a row by SmartMoney is a testament to our efforts to provide all clients with access to superior research and great products, which will enable them to realize their financial goals.”
SmartMoney's annual broker survey assigned ratings from one to five stars in five categories. Schwab received five out of five stars in the research, mutual funds / investment products and banking services. Schwab also received four stars for customer service and three stars for trading tools. For more about the survey, visit www.smartmoney.com/mag.
About Charles Schwab
The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of financial services, with more than 300 offices and 7.9 million client brokerage accounts, 1.5 million corporate retirement plan participants, 783,000 banking accounts, and $1.5 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 with Self-Directed Services" by J.D. Power and Associates in 2009, its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”) (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 Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and mortgage services and products. More information is available at www.schwab.com. (0510-3350)