| // 08-30-2010 |
As part of Charles Schwab’s commitment to help people save, invest and manage their money, Chief Investment Strategist Liz Ann Sonders will be taking investors’ questions about the economy and overall market environment via Schwab’s corporate Twitter handle @CharlesSchwab.
|
| // 08-27-2010 |
-While world events have caused independent investment advisors to maintain a somewhat conservative outlook, there are still a few bright spots in their forecast, according to Charles Schwab’s latest survey of independent registered investment advisors. Nearly 60 percent of advisors surveyed say a double-dip recession in the U.S. is unlikely over the next six months, and more than 60 percent expect the S&P to increase during the same time period. Their optimism is tempered by the aftershocks of world events: more than 80 percent of advisors say their investment decisions have been impacted by the European debt crisis, half point to declines in the Chinese market, and 40 percent say the Gulf oil spill gave them cause for concern.
|
| // 08-21-2010 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2010 include:...
|
| // 08-21-2010 |
-Charles Schwab Foundation will award $1,000 college scholarships to 20 students in recognition of their achievement on the 2010 National Financial Capability Challenge...
|
| // 06-28-2010 |
Funds Increasing in Popularity with a Compound Annual Growth Rate of 29 Percent
|
| // 05-18-2010 |
Financial Education Workshops in Three Local Schools among Ongoing Volunteer Projects This Week
|
| // 05-14-2010 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of April 2010 include:...
|
| // 05-03-2010 |
Schwab Charitable, one of the nation’s largest and fastest growing national donor-advised fund organizations, announced today the launch of Customized Grants Letterhead feature for charitable gift accounts at no cost.
|
| // 02-19-2010 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of January 2010 include:
* Net new assets brought to the company by new and existing clients in January 2010 totaled $6.0 billion.
* Total client assets were $1.401 trillion as of month-end January, up 27% from January 2009 and down 2% from December 2009.
* Client daily average trades were 354.7 thousand in January 2010, up 8% from January 2009 and up 23% from December 2009.
|
| // 02-18-2010 |
SAN FRANCISCO--(BUSINESS WIRE)--As independent investment advisors become more focused on succession planning and mergers and acquisitions (M&A), Charles Schwab and Co., Inc., a leading provider of custodial, operational and trading support for approximately 6,000 registered independent advisors (RIAs), is releasing two new and instructive Schwab Market Knowledge Tools® (MKT) reports to help advisors implement succession planning, value their firms and understand (M&A) deal structure.
|
| // 02-11-2010 |
Charles Schwab & Co. Inc., a leading provider of custodial, operational and trading support for approximately 6,000 registered investment advisors (RIAs), reported that it held 153 practice management and technology events attended by more than 3,000 advisors in 2009, double the number it held in 2008. The regional events, held in addition to Schwab’s larger advisor gatherings such as IMPACT®, covered a range of topics key to running an independent advisory firm, including growth and productivity strategies, client communication techniques, advisor M&A, technology, and integrating advisors turning independent into an existing firm.
|
| // 02-10-2010 |
CHICAGO--(BUSINESS WIRE)--According to a new Charles Schwab survey, over half of Chicago investors think the recession will continue for at least another year. Only 5 percent believe the recession has already ended.
|
| // 02-05-2010 |
Second Annual Speaker Series with Haas School of Business Brings Thought Leaders to UC Berkeley Campus
|
| // 02-01-2010 |
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable February 26, 2010 to stockholders of record February 12, 2010.
|
| // 01-29-2010 |
SAN FRANCISCO--(BUSINESS WIRE)--Confirming the growing appeal of the independent investment advisor industry, Schwab announced today that it has helped more than 500 advisor teams convert to independence since the company began focusing on this segment in 2005. These teams manage $45.5 billion of the total $590 billion currently custodied at Schwab. In 2009, Schwab had a record year, supporting 172 new advisory teams as they either started or joined an independent firm, a 40 percent increase from 2008.
|
| // 01-25-2010 |
The Charles Schwab Corporation (NASDAQ:SCHW) (the “Company”) today announced that it has priced its underwritten public offering of 26,316,000 shares of its common stock at $19.00 per share. The Company has granted the underwriters a 30-day option to purchase up to 3,947,400 additional shares of its common stock to cover over-allotments, if any
|
| // 01-23-2010 |
The Charles Schwab Corporation (NASDAQ:SCHW) (the “Company”) today announced that it has commenced an underwritten public offering of approximately 26.3 million shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase up to approximately 3.9 million additional shares of its common stock to cover over-allotments, if any.
|
| // 01-19-2010 |
December Net New Assets Total $10 Billion, Highest in 11 Months
|
| // 01-18-2010 |
SAN FRANCISCO--(BUSINESS WIRE)--Schwab Performance Technologies (SPT), a leading provider of technology solutions for independent investment advisors (RIAs), today announced changes to its pricing that will provide greater access to its services and ensure that pricing is not an obstacle to firms seeking to outsource data management and performance reporting. SPT is lowering the annual minimum fee for PortfolioServices, the company’s hosted performance reporting solution from $15,000 to $12,000 and is also lowering the annual per account fees by 20 percent. In addition, SPT is introducing an Emerging Practice option for SPT client firms with fewer than 100 accounts and less than $50 million in assets under management. Firms that qualify as an Emerging Practice will have their annual fee reduced to as low as $8,000 a year.
|
| // 01-15-2010 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc. (CSIM) has launched its seventh and eighth exchange-traded funds with low operating expense ratios and commission-free online trading in Schwab accounts. The latest two are the Schwab Emerging Markets Equity ETF (SCHE) and the Schwab International Small-Cap Equity ETF (SCHC) and they begin trading on Jan. 14th, 2010.
|
| // 01-11-2010 |
In its ongoing effort to make investing more accessible and affordable, The Charles Schwab Corporation today announced reductions in online equity trade commissions designed to provide greater value for investors of all sizes, regardless of the frequency or size of their trades.
|
| // 01-01-2010 |
For Americans who’ve waited for higher stock prices before making donations of securities to their favorite charities, there are a number of ways to make charitable contributions and still beat year-end tax deadlines, according to Schwab Charitable.
|
| // 12-31-2009 |
To assist in helping everyone be financially fit, Charles Schwab is offering a series of tips to help investors be better positioned to begin the New Year.
|
| // 12-23-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--For Americans who’ve waited for higher stock prices before making donations of securities to their favorite charities, there are a number of ways to make charitable contributions and still beat year-end tax deadlines, according to Schwab Charitable.
|
| // 12-18-2009 |
To assist in helping everyone be financially fit, Charles Schwab is offering a series of tips to help investors be better positioned to begin the New Year.
|
| // 12-16-2009 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of November 2009 include:
Net new assets brought to the company by new and existing clients in November 2009 totaled $6.0 billion.
Total client assets were $1.397 trillion as of month-end November, up 26% from November 2008 and up 4% from October 2009.
Client daily average trades were 297.1 thousand in November 2009, down 27% from November 2008 and down 11% from October 2009
|
| // 12-15-2009 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of November 2009 include:
* Net new assets brought to the company by new and existing clients in November 2009 totaled $6.0 billion.
* Total client assets were $1.397 trillion as of month-end November, up 26% from November 2008 and up 4% from October 2009.
* Client daily average trades were 297.1 thousand in November 2009, down 27% from November 2008 and down 11% from October 2009.
CFO Joe Martinetto commented, “Our client metrics remain strong and our business continues to grow. Thus far in the fourth quarter, clients have brought us $15 billion in net new assets and opened 122,000 new brokerage accounts and 39,000 net new banking accounts, and total client assets reached $1.4 trillion by the end of November, up 26% from a year ago.”
|
| // 12-11-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc. (CSIM) has launched another two exchange-traded funds with low operating expense ratios and commission-free online trading in Schwab accounts.
The Schwab U.S. Large-Cap Growth ETF (SCHG) and the Schwab U.S. Large-Cap Value ETF (SCHV) began trading on Dec. 11. The first four Schwab ETFs — U.S. Broad Market (SCHB), U.S. Large-Cap (SCHX), U.S. Small-Cap (SCHA) and International Equity (SCHF) were launched Nov. 3.
As of Dec. 9, CSIM had $209 million in assets under management in the first four Schwab ETFs, and trading volume across the four ETFs has averaged approximately 555,000 shares per day since inception.
|
| // 12-08-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab today released new data showing that active traders are feeling increasingly more optimistic about the stock market and the U.S. economic recovery. In October 2009, the latest Charles Schwab Active Trader Sentiment survey polled nearly 300 individual investors who trade frequently. Key findings include:
* Half of respondents (50 percent) report a bullish outlook for the market in the next six months, up from 34 percent in the last survey in July 2009.
* 35 percent are neutral and only 14 percent are bearish in the new survey compared with 47 percent neutral and 19 percent bearish in July 2009.
* Nearly two-thirds (63 percent) plan to increase their trading activity in the next six months.
* 18 percent expect the U.S. economy to show clear signs of recovery in less than six months, up from just 7 percent in the July 2009 survey.
* In all, 54 percent believe the economy will recover within 12 months.
|
| // 11-27-2009 |
In a new Charles Schwab survey of advisors at major financial firms, six out of ten respondents (59%) say the idea of being an independent investment advisor appeals to them. Nearly half of all respondents go a step further to say that they would actually consider a move to independence. The surveyed advisors from wirehouses, banks and independent broker dealers are also confident about the strength of their client relationships, with eighty percent saying that they feel their clients are more loyal to them than to their firm.
|
| // 11-25-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--In a new Charles Schwab survey of advisors at major financial firms, six out of ten respondents (59%) say the idea of being an independent investment advisor appeals to them. Nearly half of all respondents go a step further to say that they would actually consider a move to independence. The surveyed advisors from wirehouses, banks and independent broker dealers are also confident about the strength of their client relationships, with eighty percent saying that they feel their clients are more loyal to them than to their firm.
|
| // 11-24-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--In a new Charles Schwab survey of advisors at major financial firms, six out of ten respondents (59%) say the idea of being an independent investment advisor appeals to them. Nearly half of all respondents go a step further to say that they would actually consider a move to independence. The surveyed advisors from wirehouses, banks and independent broker dealers are also confident about the strength of their client relationships, with eighty percent saying that they feel their clients are more loyal to them than to their firm.
|
| // 11-19-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Starting January 1, 2010, income restrictions for converting to a Roth IRA will be lifted, allowing individuals who make more than $100,000 adjusted gross income to convert assets from certain retirement savings accounts, such as a traditional IRA or 401(k) with a previous employer, to a Roth IRA (restrictions may apply to residents in certain state(s)*). A recent survey from Charles Schwab found that 34 percent of respondents are still unsure of the general benefits of a Roth IRA versus a traditional IRA and, further, more than one quarter find the details of converting more confusing than healthcare reform.
|
| // 11-17-2009 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of October 2009 include:
* Net new assets brought to the company by new and existing clients in October 2009 totaled $8.6 billion.
* Total client assets were $1.350 trillion as of month-end October, up 16% from October 2008 and down 1% from September 2009.
* Client daily average trades were 335.3 thousand in October 2009, down 33% from October 2008 and up 1% from September 2009.
The SMART report can be viewed with its accompanying 12-month data at http://www.aboutschwab.com/investor/financials/financial_reports.htm
|
| // 11-17-2009 |
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.
|
| // 11-17-2009 |
Schwab Charitable, one of the nation’s largest and fastest growing donor-advised funds, observes its 10th anniversary this month just as the Chronicle of Philanthropy lists the organization as the 10th largest charity in the U.S.1
Since inception, Schwab Charitable has raised over $3.8 billion in philanthropic contributions and issued more than 367,000 grants totaling $1.6 billion to over 33,000 charities throughout the country. Founded in 1999 by Charles Schwab & Co, Inc., Schwab Charitable has grown quickly over its first decade through a series of innovative offerings to its donors:
* In 2003 Schwab Charitable was the first leading national donor-advised fund to offer Charitable Asset Management, the ability for independent investment advisors to actively manage the assets held in larger donor-advised fund accounts.
|
| // 11-16-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab today released a new corporate stock plan study revealing that most companies view stock plans as an important tool to motivate and reward workers at all levels. Despite market uncertainty, a majority of companies surveyed say they are offering the same or even more stock plan benefits to their employees since Fall 2008.
|
| // 11-10-2009 |
An ETF Marketplace Leader, Schwab Is Launching Eight ETFs with Low Expenses and No Online Trading Commissions for Schwab Clients
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab, a marketplace leader of exchange traded funds, today announced the launch of its first proprietary exchange-traded funds: eight new Schwab-managed ETFs with low operating expense ratios and commission-free online trading for clients in their Schwab accounts.
|
| // 11-03-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--In a quest to uncover new and engaging ways to make learning about money management compelling and meaningful to today’s youth, Charles Schwab Foundation has announced the first annual winners of the Money Matters Innovation Awards. Five winning Boys & Girls Clubs, all of which offer the Money Matters program, were selected from approximately 100 competing clubs across the country’s five geographic regions.
|
| // 11-02-2009 |
Charles Schwab today released new data showing the number of workers participating in 401(k) plans increased even as the stock market declined and the economy weakened. In addition, most 401(k) plan participants continued to receive matching contributions from their employer.
According to data taken from retirement plans serviced by Schwab, overall 401(k) plan participation increased four percentage points through the end of 2008, in the middle of the financial crisis, to 77 percent from 73 percent at the end of 2007.
|
| // 11-02-2009 |
Charles Schwab & Co., Inc., one of the nation’s leading financial services firms, has relocated its flagship San Francisco branch office to 100 Post St. from 101 Montgomery St. and hosted a ceremonial opening of the new branch today. Charles R. Schwab, founder and chairman, Gavin Newsom, Mayor of San Francisco, and Carrie Schwab-Pomerantz, president of the Schwab Foundation, spoke at the event.
|
| // 10-23-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation announced today that it has scheduled a Business Update for institutional investors on Thursday, November 5, 2009. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 8:55 a.m. - 1:10 p.m. PT, 11:55 a.m. - 4:10 p.m. ET. Participants will include members of the Company’s executive management.
A simultaneous webcast of this Update will be accessible to the public at www.schwabevents.com.
|
| // 10-22-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable November 27, 2009 to stockholders of record November 13, 2009.
|
| // 10-21-2009 |
Schwab Reminds Boomers to Think Twice Before Collecting and Remember the Payback Option If They Jumped Too Soon
|
| // 10-19-2009 |
Schwab Reminds Boomers to Think Twice Before Collecting and Remember the Payback Option If They Jumped Too Soon
|
| // 10-16-2009 |
The Charles Schwab Corporation announced today that its net income was $200 million for the third quarter of 2009, down 34% from the third quarter of 2008. For the nine months ended September 30, 2009, the company’s net income was $623 million, down 31% from the year-earlier period. As previously discussed by the company, Schwab’s year-to-date 2009 financial results have been impacted by revenue declines stemming from falling interest rates and generally lower equity market valuations, which have been partially offset by expense reduction measures.
|
| // 10-15-2009 |
In less than 90 days many investors will have a new IRA opportunity when the income restriction for converting to a Roth IRA is lifted. The rule change will make all investors eligible to convert assets from certain retirement savings accounts, such as a traditional IRA or a 401(k) with a previous employer, to a Roth IRA, regardless of income level. Until January 1, 2010, only people with modified adjusted gross incomes of $100,000 or less are eligible to convert.
|
| // 10-08-2009 |
Firm Emerges On Top, With Investors Citing Firm Interaction, Account Information and Offerings, Information Resources, and Problem Resolution as Key Driving Factors
|
| // 10-07-2009 |
Markets May Fluctuate but the Staples of a Financial Portfolio Should Not
|
| // 10-06-2009 |
NEW YORK, Oct 06, 2009 (BUSINESS WIRE) -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced that it will report its third quarter 2009 financial results after the close of the U.S. financial markets on Tuesday, October 27, 2009. The Company will host a conference call to discuss the results beginning at 5:00 p.m. (EDT). This conference call will be available to domestic participants by dialing 800-683-1525 and 973-872-3197 for international participants. The conference ID number is 34163188. A live audio webcast and replay of this conference call will also be available at https://investor.etrade.com.
|
| // 10-01-2009 |
Latest Stop in the Company’s Series of Educational Seminars for Active Traders
SAN FRANCISCO--(BUSINESS WIRE)--In support of its commitment to investor education, Charles Schwab & Co., Inc. plans to hold its next Active Trader Forum on Saturday, Oct. 17 from 8:30 a.m. to 5:00 p.m. at the Sheraton Boston Hotel, 39 Dalton Street, Boston, Massachusetts.
|
| // 10-01-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab today released a list of tips to help self-directed investors better manage their approach to trading as people return to the market amidst increased trading volumes.
|
| // 09-25-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Schwab Charitable, one of the nation’s largest and fastest growing donor advised funds, is proud to have Alex Counts as the second speaker of the second annual Schwab Charitable Philanthropy Speaker Series hosted in partnership with UC Berkeley’s Haas School of Business Center for Nonprofit and Public Leadership.
The Series brings together leaders from the philanthropic community with Haas students and alumni to tackle cutting-edge issues in the world of philanthropy and explore best practices for social impact.
|
| // 09-18-2009 |
Additions include online Technology Adoption Scorecard, transition planning resources for advisory firms, and tools to drive advisor client loyalty and referrals
SAN DIEGO--(BUSINESS WIRE)--Schwab Advisor Services, a leading provider of custodial, operational and trading support for approximately 6,000 independent fee-based investment advisors, today announced a series of enhancements to its Business Consulting Services offer designed to help advisors fuel their growth and improve efficiency. Schwab’s Business Consulting Services offer provides insights, guidance, tools and resources to help independent advisor clients strategically manage and grow their firms in the areas of marketing and business development, business strategy and planning, technology and operations, human capital, transition planning, and compliance resources.
|
| // 09-17-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Schwab Charitable, one of the nation’s largest and fastest growing national donor-advised fund programs, announced today the launch of its Private Foundation Conversion Service.
The new service is specifically designed to help advisors to private foundations determine whether conversion to a donor-advised fund would be beneficial, and if so, provide guidance throughout the process.
Schwab Charitable’s process may be particularly beneficial to private foundation directors struggling with recently depreciated assets.
|
| // 09-16-2009 |
SAN DIEGO--(BUSINESS WIRE)--Independent investment advisors say the economy is turning a corner, according to the latest results of a semi-annual study released at Charles Schwab’s IMPACT® 2009 conference, one of the country’s largest annual gatherings of independent investment advisors. The majority (72%) of independent advisors surveyed by Schwab in late summer believe the recession will end in less than 12 months, and more than one-third (36%) said the end is not only in sight, but will come before the end of this year.
|
| // 09-15-2009 |
Schwab Charitable, one of the nation’s largest and fastest growing donor advised funds, today announced its second annual Schwab Charitable Philanthropy Speaker Series to be hosted in partnership with UC Berkeley’s Haas School of Business Center for Nonprofit and Public Leadership.
The Series brings together leaders from the philanthropic community with Haas students and alumni to tackle cutting-edge issues in the world of philanthropy and explore best practices for social impact.
The Speaker Series will launch September 15th with Jane Wales, founder of the Global Philanthropy Forum, a group of more than 750 social investors committed to international causes throughout the world. The event will run from 6:00 to 8:00 p.m. in the Wells Fargo Room at the Haas School of Business. Tickets will be available for $15 for members of the public, $10 for Haas alumni, and free for students. To register please visit: http://www.acteva.com/booking.cfm?bevaid=189819. Please RSVP by September 14th, by 5 pm.
|
| // 09-15-2009 |
SAN DIEGO--(BUSINESS WIRE)--Independent investment advisors say the economy is turning a corner, according to the latest results of a semi-annual study released at Charles Schwab’s IMPACT® 2009 conference, one of the country’s largest annual gatherings of independent investment advisors. The majority (72%) of independent advisors surveyed by Schwab in late summer believe the recession will end in less than 12 months, and more than one-third (36%) said the end is not only in sight, but will come before the end of this year.
|
| // 09-11-2009 |
Schwab Charitable, one of the nation’s largest and fastest growing donor advised funds, today announced its second annual Schwab Charitable Philanthropy Speaker Series to be hosted in partnership with UC Berkeley’s Haas School of Business Center for Nonprofit and Public Leadership.
The Series brings together leaders from the philanthropic community with Haas students and alumni to tackle cutting-edge issues in the world of philanthropy and explore best practices for social impact.
|
| // 09-10-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--The fourth Real Life Retirement quarterly pulse survey by Charles Schwab & Co., Inc. reveals that many retired Americans are lending financial help to their families, either by giving them money or managing their finances directly. Almost half (44 percent) of those who are retired admit to supporting at least one individual financially. Children (53 percent) and grandchildren (37 percent) top the list of such dependants. An additional 12 percent are contributing to their parents' finances.
|
| // 09-07-2009 |
Independent investment advisors who custody with Charles Schwab have access to a new, fully integrated website that helps them more efficiently manage their client accounts. Schwab Advisor Center™, located at www.schwabadvisorcenter.com, offers a host of new features and functionality that enable advisors to explore and use client data in a more flexible way, and integrates with Schwab Data Delivery™ (formerly SchwabLink®), the company’s enhanced data files delivery and data management application.
|
| // 09-06-2009 |
A persistent undercurrent of uncertainty at the full-service wirehouse brokerage firms has been a game-changer for many financial advisors this year, prompting record moves to the independent registered investment advisor (RIA) channel. To help these advisors successfully transition to independence, Charles Schwab today announced its latest whitepaper, A Case for Starting or Joining a Registered Investment Advisory (RIA) Firm.
|
| // 08-14-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Since the market meltdown of 2008, investors have become increasingly aware of their finances — with 51 percent of investors now thinking about their finances daily, as opposed to just 27 percent prior to the downturn, according to Schwab’s Make the Move survey. This appetite for engagement, coupled with the optimism around a market recovery, heightens the need for a financial refresher in order to translate thinking into positive action. In the spirit of back to school, parents and investors alike should consider enrolling in their own version of Personal Finance 101.
|
| // 08-07-2009 |
|
| // 08-05-2009 |
Although 2009 has been a taxing year, 84 percent of independent registered investment advisors (RIAs) say they expect to grow at a moderate clip or faster over the next five years, according to the just-released 2009 Charles Schwab RIA Benchmarking Study. A cornerstone of Schwab’s Business Consulting Services platform for independent advisor clients, this year’s study reveals that while advisors are optimistic, they are finding that making time to focus on business development and growth remains a significant challenge amid the current market turmoil and demands from existing clients.
|
| // 07-31-2009 |
Charles Schwab has introduced a new Co-Sourced Stock Plan Administration offer for corporate stock plan administrators seeking to outsource specific functions to improve efficiency while maintaining control of their company’s stock plan administration.
The new offer enables stock plan administrators to shift the management of certain plan functions to Schwab, including core plan recordkeeping and reconciliation of stock plan activity; report generation, scheduling and distribution; and plan participant statements and confirmations.
|
| // 07-24-2009 |
The Charles Schwab Corporation announced today that its net income was $205 million for the second quarter of 2009, down 31% from the second quarter of 2008. The company’s second quarter results include $40 million in pre-tax charges relating to its previously announced expense reduction measures and a $16 million FDIC special industry assessment. For the six months ended June 30, 2009, the company’s net income was $423 million, down 30% from the year-earlier period.
|
| // 07-24-2009 |
Charles Schwab & Co., Inc. issued the following statement today in response to allegations by the Attorney General of New York (NYAG) concerning the company’s sale of Auction Rate Securities (ARS).
The Attorney General’s allegations are without merit. They unfairly lay blame on our company for an illiquid market and improper behavior by the large Wall Street firms that created and then, despite their obligations, stopped supporting Auction Rate Securities.
Schwab did not create the products and had no involvement in the events that led to the collapse of the ARS market, events brought about by the Wall Street underwriters who manufactured, marketed and then simply abandoned their responsibility as lead managers for the auctions.
|
| // 07-20-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc. the asset management subsidiary of The Charles Schwab Corporation, has announced the newest addition to its Laudus Funds lineup – the Laudus Growth Investors U.S. Large Cap Growth Fund, successor to the UBS U.S. Large Cap Growth Fund.
|
| // 07-17-2009 |
Survey Finds Traders Optimistic Despite Volatile Market Conditions
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab today released new survey data showing that active traders are expressing renewed faith in the market, despite continued volatility. The latest Charles Schwab Active Trader Sentiment survey polled nearly 260 individual investors who trade frequently. Findings include:
* 8 in 10 respondents (81 percent) report a neutral or bullish outlook for the market in the next six months, virtually unchanged from the last survey in February 2009.
* 53 percent expect the economy to show clear signs of recovery within the next 12 months.
* 63 percent plan to increase their trading activity in the next six months, up from 49 percent in the February 2009 survey.
|
| // 07-03-2009 |
June was another difficult month for American workers with a net loss of 467,000 jobs, compared with 322,000 in May. June represents the first time in the past four months that the number of jobs lost rose from the previous month. Despite diminishing employment opportunities and an economy threatening job security, new research by Charles Schwab & Co., Inc shows that as many as 9.5 million retired Americans are considering at least a partial return to the workforce and 32 percent of those currently employed expect to hold their job and delay retirement.
|
| // 07-02-2009 |
At a gathering of some of the nation’s largest independent investment advisors, Charles Schwab today unveiled a series of new initiatives designed to help them fuel their growth and add scale by managing costs and improving their efficiency.
|
| // 06-25-2009 |
-Charles Schwab, in collaboration with CFO Research Services, today released the details of a new study “Getting Retirement Savings Back on Track: Employer Views on the 401(k) and Financial Education in the Workplace,” which reveals that a majority of senior finance and human resource executives in corporate America support the 401(k) as an effective savings tool for retirement. According to the study, employers believe they play a role in improving the 401(k) as a benefit for employees, including making 401(k)-specific and general financial education more available in the workplace.
|
| // 06-24-2009 |
According to a new Charles Schwab survey, 24 percent of San Francisco investors in the U.S. are considering changing financial services firms/brokers in the next year based on their overall frustrations with their current situation. With 86 percent saying they are frustrated about the money they lost in the past year and 76 percent admitting they are only somewhat confident in the guidance they receive from professionals, investors are taking stock of their own actions and accountability, while considering what they want and expect from their brokers.
|
| // 06-18-2009 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of May 2009 include:
* Net new assets brought to the company by new and existing clients in May 2009 totaled $7.5 billion.
* Total client assets were $1.220 trillion as of month-end May, down 17% from May 2008 and up 5% from April 2009.
* Client daily average trades were 370.9 thousand in May 2009, up 22% from May 2008 and up 1% from April 2009.
|
| // 06-15-2009 |
Charles Schwab Foundation announced that it is renewing its commitment to continue funding Money Matters, the financial education program offered through every Boys & Girls Club that serves teens throughout the U.S.
|
| // 05-22-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--As unemployment continues to rise and many struggle to keep their retirement savings on track, Charles Schwab today released new data showing a significant number of 401(k) assets held by workers who leave their jobs have been left behind in former employers’ plans. According to the data taken from plans administered by Schwab, 43 percent of assets held by 401(k) participants who left their jobs in the first quarter of 2008 had not been moved a year later.*
|
| // 05-20-2009 |
To help independent investment advisory firms maximize employee efficiency and productivity, Charles Schwab today announced a series of new performance management tools for advisors available through its Human Capital offer. The expanded resources for advisors include best practices and ready-to-use tools and templates across five key areas of human resources management including setting employee goals and objectives, employee performance management, employee career path development, staff motivation and leadership, and firm work environment.
|
| // 05-18-2009 |
Continues Schwab’s Tradition of Making Market Information More Accessible, Helping Traders Make Better Decisions in Times of Market Volatility
|
| // 05-18-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of April 2009 include:
Net new assets brought to the company by new and existing clients in April 2009 totaled $3.3 billion, reflecting client cash disbursements during tax season.
Total client assets were $1.166 trillion as of month-end April, down 19% from April 2008 and up 6% from March 2009.
Client daily average trades were 365.5 thousand in April 2009, up 24% from April 2008 and down 8% from March 2009
|
| // 05-14-2009 |
As independent investment advisors address increasing demands from clients and continue to strive for greater operational efficiency, Charles Schwab has released a new report, Getting the Most out of your CRM Investment. The report outlines best practices for planning, selecting and implementing customer relationship management (CRM) systems, and offers tips for getting the most out of these tools and successfully navigating the implementation process. It finds that while most independent investment advisors use some type of client tracking system, many could do more to realize the full business benefits of these systems to increase their productivity and profitability.
|
| // 05-14-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation is kicking off its sixth annual companywide Schwab Employee Volunteer event today, but unlike previous years in which volunteering during regular business hours was confined to just one day in May, this year’s event will span a full week. More than 2,000 Schwab employees and executives nationwide have signed up to participate in a total of approximately 120 projects from today through Friday, May 15, contributing an aggregate of over 9,000 work hours for the benefit of some 110 nonprofit and municipal organizations.
|
| // 05-08-2009 |
Continuing its tradition of showcasing excellence among independent investment advisors, Charles Schwab today opened the submission window for its fourth annual IMPACT Awards, an industry-wide awards program that honors independent advisors and their firms. SEC-registered advisors who meet the eligibility guidelines are encouraged to participate – regardless of their custodial relationships. Submissions will be accepted through June 15 at impactawards.schwab.com.
|
| // 05-08-2009 |
In support of its commitment to investor education, Charles Schwab & Co., Inc. plans to hold its next Active Trader Forum on Saturday, May 16 from 8:00 a.m. to 4:30 p.m. at the Marriott Chicago Downtown Magnificent Mile, 540 North Michigan Ave., Chicago, Illinois.
|
| // 04-29-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable May 22, 2009 to stockholders of record May 8, 2009.
|
| // 04-24-2009 |
The Charles Schwab Corporation announced today that it has scheduled a Business Update for institutional investors on Thursday, April 30, 2009. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 9:00 a.m. - 1:00 p.m. PT, 12:00 p.m. - 4:00 p.m. ET. Participants will include members of the Company’s executive management.
A simultaneous webcast of this Update will be accessible to the public at http://www.schwabevents.com.
|
| // 04-23-2009 |
Charles Schwab Investment Management, the asset management arm of the Charles Schwab Corporation, announced strategic changes to its target-date mutual funds to enhance the portfolios and reduce expenses. The aim of these enhancements is to help investors more effectively achieve their long-term retirement savings goals.
|
| // 04-22-2009 |
The Charles Schwab Corporation announced today that it has scheduled a Business Update for institutional investors on Thursday, April 30, 2009. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 9:00 a.m. - 1:00 p.m. PT, 12:00 p.m. - 4:00 p.m. ET. Participants will include members of the Company’s executive management.
|
| // 04-16-2009 |
The Charles Schwab Corporation announced today that its net income was $218 million for the first quarter of 2009, down 29% from the first quarter of 2008. The company’s first quarter results include a $26 million pre-tax gain relating to the repurchase of certain outstanding company debt, $14 million in pre-tax net impairment losses on certain mortgage-backed securities, and $59 million in pre-tax charges for severance and other costs relating to its previously announced expense reduction measures.
|
| // 04-14-2009 |
With a struggling economy and tuitions expected to reach $200,000 in the next two years, the majority of families are searching for ways to cover college expenses. Whether enrollment is in the fall or 18 years from now, Charles Schwab & Co., Inc. has the resources to help parents make ends meet without raiding their retirement accounts.
|
| // 04-08-2009 |
Target 2040 Fund and California Tax-Free Bond Fund Honored for Consistent Performance
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc., (CSIM), the asset management arm of The Charles Schwab Corporation, announced that two of its funds have won the 2009 Lipper Awards as best in their fund categories.
The Schwab Target 2040 Fund (SWERX) won as “Best Mixed-Asset Target 2040 Fund over Three Years” out of 66 qualified funds and the Schwab California Tax-Free Bond Fund (SWCAX) was awarded “Best California Intermediate Municipal Debt Fund over Ten Years” out of 19 qualified funds.
|
| // 04-06-2009 |
With perplexing codes and confusing forms, it’s no wonder many Americans postpone the inexorable job of preparing their taxes until the last minute. Charles Schwab knows it's not what you make, but what you keep after taxes that count. In these tough times, it’s especially important to take advantage of every tax break to which you’re entitled.
|
| // 04-06-2009 |
Target 2040 Fund and California Tax-Free Bond Fund Honored for Consistent Performance
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc., (CSIM), the asset management arm of The Charles Schwab Corporation, announced that two of its funds have won the 2009 Lipper Awards as best in their fund categories.
The Schwab Target 2040 Fund (SWERX) won as “Best Mixed-Asset Target 2040 Fund over Three Years” out of 66 qualified funds and the Schwab California Tax-Free Bond Fund (SWCAX) was awarded “Best California Intermediate Municipal Debt Fund over Ten Years” out of 19 qualified funds.
|
| // 04-04-2009 |
The majority (52 percent) of young adults between the ages of 23 and 28 consider “making better choices about managing money” the single most important issue for individual Americans to act on today, outweighing the need to strengthen family relationships (18 percent), protect the environment (11 percent) and improve personal nutrition and health (9 percent).
|
| // 03-30-2009 |
Monthly Activity Report Reflects Underlying Strength of Business Model and Client Engagement
|
| // 03-16-2009 |
Schwab Continues to Provide Investors with Cost Effective and Accessible Mutual Funds to Meet Their Investing Needs
|
| // 03-09-2009 |
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.
|
| // 03-06-2009 |
In the current economic environment, independent investment advisory firms are looking for ways to be as efficient as possible while still maintaining the high levels of personalized customer service that have become a hallmark of the industry. To help independent advisors meet these goals, Charles Schwab has released a new Schwab Market Knowledge Tools® (MKT) white paper, Best-Managed Firms: The Business of Serving Clients – Productivity in high-touch business. The report examines how some of the industry’s most successful advisors manage their businesses across five key categories of running a firm and serving clients: financial advice and investment management, relationship management, operations and client support, strategy and planning, and marketing and business development.
|
| // 03-04-2009 |
Twenty-two high school students have learned that knowledge literally pays. Charles Schwab Foundation is awarding $1,000 scholarships to each of the 22 students who obtained scores of 100 percent on the fall 2008 National Financial Literacy Challenge.
|
| // 02-26-2009 |
Eighteen-year-old Tory Myles of Washington, D.C., has been chosen for the prestigious honor of serving as National Ambassador for Boys & Girls Clubs of America’s Money Matters: Make it CountSM program. As 2009 ambassador, Myles will apply her enthusiastic personality and persuasive style to promote financial literacy among her peers at Boys & Girls Clubs throughout the nation.
|
| // 02-24-2009 |
At The International Traders Expo in New York today, Charles Schwab released new survey data revealing that active traders remain highly engaged in the market but are looking for ways to better manage risk during this period of record volatility.
|
| // 02-20-2009 |
APY of 2.00% Offers Clients a Competitive Rate and a Secure Alternative for Their Cash With no Minimums or Monthly Service Fees
|
| // 02-16-2009 |
|
| // 02-13-2009 |
Advisor Demand Increasing for Outsourced Technology Solution; New Enhancements Also Made to PortfolioCenter® Software
|
| // 02-12-2009 |
Industry- and Participant-Specific Data Can Help Employers More Effectively Measure and Improve a Plan’s Results
|
| // 02-11-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Independent investment advisors overwhelmingly say that managing existing client relationships is their top business priority in the current economic environment, according to a recent survey by Charles Schwab, a provider of custodial, operational and trading support for more than 5,500 independent investment advisory firms. When asked to prioritize key areas of business management, 71 percent of advisors surveyed ranked focusing on existing client relationships as job one and 96 percent said it is one of their top two priorities at this time.
|
| // 01-20-2009 |
Charles Schwab & Co. Inc. launched the latest evolution of its Talk to Chuck advertising campaign which addresses head-on the frustration many Americans feel about the state of financial services. The ads encourage consumers to “Do something about it,” and are a direct response to widespread public sentiment that people are without options and without an ally when it comes to fixing their financial problems.
|
| // 01-16-2009 |
SAN FRANCISCO--(BUSINESS WIRE)--Schwab Charitable, one of the nation’s largest and fastest growing national donor-advised funds, announced today its Schwab Charitable Philanthropy Speaker Series to be hosted in partnership with UC Berkeley’s Haas School of Business Center for Nonprofit and Public Leadership.
|
| // 01-15-2009 |
Charles Schwab & Co. Inc. today launched the latest evolution of its Talk to Chuck advertising campaign which addresses head-on the frustration many Americans feel about the state of financial services.
|
| // 01-07-2009 |
Charles Schwab continues to improve its trading platforms for its active traders with upgrades to its StreetSmart Pro trading software and web-based trading platform, StreetSmart.com. The firm’s clients will now have real-time performance reporting for closed positions, new short-selling tools and more advanced options order types.
|
| // 12-26-2008 |
Across the independent advisor industry, firms are facing difficult times as they work to calm anxious clients, motivate tired employees and sustain businesses that are facing challenging economics.
|
| // 12-18-2008 |
From Donating Securities to Opening a Donor-Advised Fund Account, There Are Last-Minute Ways to Help Your Favorite Charity—and Beat the December 31 Tax Deadline
|
| // 12-16-2008 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of November 2008 include:
* Net new assets brought to the company by new and existing clients in November 2008 totaled $5.9 billion.
* Total client assets were $1.112 trillion as of month-end November, down 23% from November 2007 and down 4% from October 2008.
* Client daily average trades were 408.0 thousand in November 2008, up 18% from November 2007 and down 18% from October 2008.
|
| // 12-11-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab has found that participant engagement in Schwab-serviced 401(k) plans increased dramatically both online and over the phone in the months of September and October 2008.
|
| // 12-10-2008 |
Unlimited 2% Cash Back on Purchases, no Annual Fees, no Foreign Exchange Fees, or Minimum Purchase Requirements
|
| // 12-09-2008 |
Unlimited 2% Cash Back on Purchases, no Annual Fees, no Foreign Exchange Fees, or Minimum Purchase Requirements
|
| // 12-05-2008 |
With rising grocery bills and energy costs, making ends meet has become even harder for many. In these tough economic times, struggling families are looking for solutions, while others are looking for ways to help. With generous support from Charles Schwab Foundation, local nonprofit Foundation Communities is expanding financial services to help Central Texas working families weather the daunting economic climate.
|
| // 12-02-2008 |
Schwab Charitable, one of the country’s largest and fastest growing national donor-advised funds with 12,000 donors and nearly $2 billion in assets, announced today that is has been ranked California’s largest fundraising charity—and the ninth largest in the country—by the Chronicle of Philanthropy in its annual “Philanthropy 400” listing of charities that raise the most from private sources.1
|
| // 12-01-2008 |
Two Additional Weeks for High School Students Across the U.S. to Compete for Scholarship Awards and Recognition
|
| // 11-27-2008 |
The U.S. Department of the Treasury has announced that due to an overwhelming response, it is extending the test-taking window for the fall National Financial Literacy Challenge until December 12, 2008. The Challenge is a 35-question online test of personal finance knowledge and understanding for high school students across the United States.
|
| // 11-25-2008 |
Charles Schwab is now making industry insights and benchmarking data compiled from clients on its retirement plan platform available to third party administrator (TPA) clients
|
| // 11-24-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--Effective today, Charles Schwab has established a new business unit, Institutional Services, to serve the needs of independent investment advisors, corporate benefit plan sponsors and third party retirement plan recordkeepers. The unit combines former Schwab Institutional and Schwab Corporate and Retirement Services operations.
|
| // 11-21-2008 |
Charles Schwab is now making industry insights and benchmarking data compiled from clients on its retirement plan platform available to third party administrator (TPA) clients.
|
| // 11-18-2008 |
|
| // 11-17-2008 |
|
| // 11-13-2008 |
Corresponding Survey Shows That Respondents Are on the Right Track but Need Help Creating and Sticking to a Savings Plan
|
| // 11-12-2008 |
Investment advisors are leaving established financial firms and becoming independent registered investment advisors (RIAs) because they want to work for themselves, deliver more personalized service to clients, and achieve long-term financial success, reports a Schwab Institutional survey of newly independent registered investment advisors.
|
| // 11-10-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation announced today that it has scheduled a Business Update for institutional investors on Wednesday, November 19, 2008.
|
| // 11-04-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab has released a new report revealing an important connection between how a company offers its 401(k) plan matching contribution and employee saving levels. From 2004 to 2007, employees at companies with retirement plans serviced by Schwab were most likely to choose the plan’s “match ceiling” as their deferral level in order to maximize the employer contributions they can receive.
|
| // 10-29-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--With turmoil on Wall Street causing many to wonder how they can continue to support their favorite charities, Schwab Charitable released today a series of tips to help donors stretch their charitable budgets — even in tough economic times.
|
| // 10-28-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--With turmoil on Wall Street causing many to wonder how they can continue to support their favorite charities, Schwab Charitable released today a series of tips to help donors stretch their charitable budgets — even in tough economic times.
|
| // 10-22-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--Schwab Charitable, one of the country’s largest and fastest growing national donor-advised funds with 12,000 donors and nearly $2 billion in assets, announced today that grants to charities during the third quarter of 2008 were up 12 percent from 2007 levels.
|
| // 10-20-2008 |
An Improved Online Experience Provides Better Integration of Brokerage, Retirement, and Banking Services
SAN FRANCISCO--(BUSINESS WIRE)--More than one million people visit Schwab.com every week to manage their brokerage, retirement and banking accounts. Today, Charles Schwab & Co., Inc. unveiled enhancements to Schwab.com that promise to make the online experience even easier and more efficient for the firm’s clients.
|
| // 10-15-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation announced today that its income from continuing operations was $304 million for the third quarter of 2008, down 6% from the record third quarter of 2007. For the nine months ended September 30, 2008, the company’s income from continuing operations was $922 million, up 13% from the year-earlier period.
|
| // 09-30-2008 |
Awards for Excellence in Independent Financial Advising go to Joan Bavaria of Trillium Asset Management Corp.; Litman/Gregory Asset Management, LLC; Clarfeld Financial Advisors, Inc.; Vista Capital Partners, Inc.
|
| // 09-23-2008 |
Schwab Bank High Yield Investor Checking® One of the Best Values in Today’s Market; Six Times National Average APY
|
| // 09-18-2008 |
|
| // 09-16-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of August 2008 include:
Net new assets brought to the company by new and existing clients in August 2008 totaled $7.7 billion.
Total client assets were $1.398 trillion as of month-end August, up 1% from August 2007 and flat to July 2008.
Client daily average trades were 269.7 thousand in August 2008, down 12% from August 2007 and down 20% from July 2008.
|
| // 09-11-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--In support of its commitment to investor education, Charles Schwab & Co., Inc. plans to hold the fourth in its series of Active Trader Forums on Saturday, September 20, from 8:00 a.m. to 5:00 p.m. at the Sheraton Meadowlands Hotel and Conference Center, 2 Meadowlands Plaza, East Rutherford, New Jersey.
|
| // 09-01-2008 |
New Installment of Conversation Series Presents Boomer and Gen X Perspectives on Issues Related to Retirement
|
| // 08-25-2008 |
Release of Landmark Study by Charles Schwab and Age Wave Drives Participation in Online Survey; Silent Generation Most Concerned About Outliving Retirement Savings
|
| // 08-20-2008 |
|
| // 08-18-2008 |
|
| // 08-13-2008 |
|
| // 08-07-2008 |
As part of an ongoing commitment to helping its clients become more successful investors, Charles Schwab (NASDAQ:SCHW) today officially launched an online community focused on its active trader clients.
|
| // 08-01-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--As part of an ongoing commitment to helping its clients become more successful investors, Charles Schwab (NASDAQ:SCHW) today officially launched an online community focused on its active trader clients.
|
| // 07-24-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation (Nasdaq:SCHW) at its meeting today declared a 20% increase in the quarterly cash dividend to $0.06 per common share. The dividend is payable Aug. 22, 2008 to stockholders of record Aug. 8, 2008.
|
| // 07-22-2008 |
Strong Client Relationships and Financial Discipline Yield 35% Increase in EPS From Continuing Operations.
|
| // 07-01-2008 |
Charles Shcwab is the June 2008 voting prizewinner! Starting a monthly rating from zero allows to identify a monthly winner and thus more objectively display the voters' oppinion. We rate brokers by the actual number of votes.
|
| // 06-26-2008 |
PortfolioServices Allows Advisors to Increase Efficiency by Outsourcing Key Back Office Tasks
|
| // 06-12-2008 |
Madeleine Albright to Give Closing Keynote Address at Leading Conference for Independent Investment Advisors
|
| // 06-10-2008 |
In support of its commitment to investor education, Charles Schwab & Co., Inc. plans to hold the third in its series of Active Trader Forums on Saturday, June 21 from 8:00 a.m. to 5:00 p.m. at the Hilton Orange County, 3050 Bristol Street, Costa Mesa, California.
|
| // 06-09-2008 |
Helping people in a meaningful way and putting clients’ interests first is what attracts students most to the independent investment advisory profession, according to a May 2008 survey of 160 financial planning students conducted by Schwab Institutional and Texas Tech University’s Division of Personal Financial Planning. More than half (51 percent) of students surveyed cited this as a primary career motivator, and more than three times as many said the ability to help clients is a more important factor than the chance to make a good living, which ranked second on the list of benefits (15 percent).
|
| // 06-05-2008 |
Schwab Institutional and Texas Tech University Survey of Financial Planning Students Also Reveals Strong Preference for Boutique Firms
|
| // 06-03-2008 |
|
| // 05-13-2008 |
Schwab Funds is expanding its family of mutual funds with the addition of its first actively managed international fund — the Schwab® International Core Equity Fund.
|
| // 03-25-2008 |
At Schwab, we believe that no matter how you choose to work with us, you deserve a personal relationship based on respect and listening. It’s the foundation from which we’ll support your financial needs and goals.
|
| // 02-18-2008 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of January 2008 include: Net new assets brought to the company by new and existing clients in January 2008 totaled $11.1 billion. Total client assets were $1.396 trillion as of month-end January, up 10% from January 2007 and down 3% from December 2007. Client daily average trades were 369.5 thousand in January 2008, up 33% from January 2007 and up 24% from December 2007.
|
| // 02-08-2008 |
Building on the success of its innovative suite of Fundamental Index mutual funds, Charles Schwab Investment Management, the asset management subsidiary of the Charles Schwab Corporation, has added two new international funds to its lineup.
|
| // 01-28-2008 |
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.05 per common share. The dividend is payable February 22, 2008 to stockholders of record February 8, 2008.
|
| // 12-06-2007 |
Schwab Charitable Fund (www.schwabcharitable.org), one of the country’s largest and fastest growing donor-advised funds, announced today that it has reduced the minimum donation to open its Charitable Gift Account from $10,000 to $5,000. The announcement comes in the context of substantial growth, as the organization approaches $2 billion in assets available for donor grant recommendations to charity.
|
| // 11-30-2007 |
Charles Schwab released data showing that 401(k) participants who receive some type of assistance with choosing their investment line-up, whether through advice services, target-date retirement funds, or plan-sponsored asset allocation models, receive a significantly greater rate of return than those who choose to go it alone.
|
| // 11-16-2007 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of November 2007 include: Net new assets brought to the company by new and existing clients in October 2007 totaled $11.7 billion...
|
| // 11-06-2007 |
Charles Schwab & Co., Inc. announced today that it has expanded its Laudus Funds line-up by entering into a new sub-advisory relationship with Mondrian Investment Partners Limited, the London-based international investment house which offers investment management services to institutional investors.
|
| // 10-30-2007 |
Schwab Institutional, a leading provider of custodial, operational and trading support for independent fee-based investment advisors, today announced a new offer to help advisors manage their human capital needs, including finding new talent, retaining and rewarding existing employees, structuring their organizations more strategically and efficiently, and developing sound succession plans.
|
| // 10-17-2007 |
Clients of Charles Schwab earned a total of 20 awards in the Profit Sharing/401(k) Council of America (PSCA) 2007 Signature Awards program -- five times more than any other provider's clients. The awards, which honor excellence in retirement plan communication and investment education, were announced September 25 at the PSCA annual conference in Palm Springs, CA. For three years running, Schwab's clients have earned more participant education Signature Awards than any other provider's clients.
|
| // 10-16-2007 |
The hot new gift for today's baby showers isn't the typical onesies or cute stuffed animals. In a BabyCenter/Charles Schwab Survey released today, results reveal that seven out of 10 new moms (71 percent) and two in five mothers-to-be (40 percent) would prefer contributions to a child's savings account over any other gifts.
|
| // 10-15-2007 |
Schwab Institutional today introduced a new relationship with national human resources outsourcing company TriNet to provide healthcare and benefit services for independent investment advisors and their employees. As part of Schwab Institutional's exclusive relationship with TriNet, advisors who custody assets with Schwab will now be able to receive health and life insurance, payroll services, and company retirement and employee incentive plans from TriNet at preferred rates. This human resources outsourcing service is part of Schwab Institutional's GrowthPoint practice management program.
|
