Schwab Provides Investors with Helpful Financial Information and Guidance at This Time of Market Unease

Schwab Responds to Continued Market Turmoil With In-Depth Market Insights So Investors “Can Do Something About It”

Friday, March 6, 2009 5:00 am PST

Dateline:

SAN FRANCISCO

Public Company Information:

NASDAQ:
SCHW

SAN FRANCISCO--(BUSINESS WIRE)--With ongoing market uncertainty, investors are asking themselves what is happening, what it means and what they should do about it. In response to these questions, Charles Schwab & Co., Inc. is providing answers at this critical time through branch seminars, town hall discussions, webcasts, and online through the Market Insight section of its Web site: www.schwab.com/marketinsight.

Most recently, nearly 10,000 clients participated in an interactive town hall hosted in San Diego, featuring Chairman Chuck Schwab, Chief Investment Strategist Liz Ann Sonders, Chief Investment Officer Jeff Mortimer, and a number of other Schwab market and investing experts. Audience members attended in person, online, and at nearly 200 Schwab branches nationwide.

“When it comes to investing, Schwab is here to help investors build a plan that’s well thought out and can be maintained over time,” said Mark Riepe, senior vice president, Schwab Center for Financial Research. “What looks to be the correct course of action in the heat of the moment is often fueled more by emotion than by facts. It is during times of uncertainty like we are now facing that we strongly recommend investors take a moment to step back and collect their thoughts before proceeding,” he added.

Schwab Center for Financial Research experts provide breaking commentary, advice, and questions and answers for the every day investor. Schwab also uses a variety of digital formats, including audio and video webcasts and online articles, to help explain what’s going on in the economy and the markets. Schwab’s library of consumer information is available to the public around the clock at www.schwab.com/marketinsight.

Recent articles added to the site include:

  • “Dow Drops Below 7,000: What Should You Do?”
  • “Get On Your Boots: Economy and Market Sink Even More”
  • “Preferred Stock, Nationalization and the Banking Sector: Impacts and Scenarios”

Additionally, there are a number of evergreen topics posted on www.schwab.com that offer investors “how to” guides that provide insight on how to think about upcoming financial steps, including:

  • “7 Ways to Take Control of Your Retirement in Rough Times”
  • “6 Tips for 401(k) Investing in Today’s Volatile Market”

For More Information

Schwab clients are encouraged to reach out to their financial consultant to get more specific advice around their situations, or take advantage of our complimentary consultation. For those who are not yet a Schwab client but would like to learn more, one of our consultants can help. Please call 800-435-4000 to get started.

About Charles Schwab

The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial services, with more than 300 offices and 7.4 million client brokerage accounts, 1.5 million corporate retirement plan participants, 468,000 banking accounts, and $1.1 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. 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. (0309-8004)

© 2009 Charles Schwab & Co., Inc. All rights reserved. Member SIPC

Photo caption

Mark Riepe, senior vice president, Schwab Center for Financial Research.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5911558&lang=en

Contact:

Charles Schwab
Matt Hurwitz, 415-636-3700
Matt.hurwitz@schwab.com
or
Edelman
Jennifer McClellan, 212-704-4567
Jennifer.mcclellan@edelman.com

Multimedia Files:

Preview image
Mark Riepe, senior vice president, Schwab Center for Financial Research (Photo: Business Wire)

Corporate Public Relations
Contacts for Journalists Only

 

888-767-5432

Subscribe

Business Wire NewsHQ℠