The Charles Schwab Corporation today posted a CFO Commentary regarding
the recent price reductions announced earlier today on its standard
online equity, ETF and options trade commissions. Joe Martinetto, Senior
Executive Vice President and Chief Financial Officer, provides
additional insight and commentary at:
http://www.aboutschwab.com/investor-relations/cfo-commentary
.
About Charles Schwab
The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 335 offices and 10.2 million active
brokerage accounts, 1.5 million corporate retirement plan participants,
1.1 million banking accounts, and $2.83 trillion in client assets as of
January 31, 2017. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, money management, custody, 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 Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.
