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Schwab Announces Its Fall Business Update

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The Charles Schwab Corporation has scheduled a Fall Business Update for institutional investors on October 27, from 10:00 a.m. - 11:00 a.m. PT. This live public webcast will focus on recent developments and the management's strategic direction, featuring CEO Walt Bettinger, President Rick Wurster, and CFO Peter Crawford. As of August 31, 2022, Schwab boasts 34 million active brokerage accounts, 1.7 million banking accounts, and approximately $7.13 trillion in client assets.

Positive
  • Scheduled a Fall Business Update to inform investors, enhancing transparency.
  • Strong client asset base of approximately $7.13 trillion as of August 2022.
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  • None.

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that it has scheduled a Fall Business Update for institutional investors on Thursday, October 27th. This Update, which will be held via live public webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from 10:00 a.m. - 11:00 a.m. PT, 1:00 p.m. - 2:00 p.m. ET. Participants will include Walt Bettinger, Chief Executive Officer; Rick Wurster, President; and Peter Crawford, Chief Financial Officer.

The Update will be accessible at https://schwabevents.com/corporation.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 34.0 million active brokerage accounts, 2.3 million corporate retirement plan participants, 1.7 million banking accounts, and $7.13 trillion in client assets as of August 31, 2022. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiaries, Charles Schwab & Co., Inc., TD Ameritrade, Inc., and TD Ameritrade Clearing, Inc., (members SIPC, https://www.sipc.org), and their 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 primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com.

TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are separate but affiliated companies and subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.

MEDIA:

Mayura Hooper

Charles Schwab

Phone: 415-667-1525

INVESTORS/ANALYSTS:

Jeff Edwards

Charles Schwab

Phone: 415-667-1524

Source: The Charles Schwab Corporation

FAQ

What is the date of the Fall Business Update by Charles Schwab?

The Fall Business Update is scheduled for October 27.

Who will be speaking at the Charles Schwab Fall Business Update?

The speakers will include CEO Walt Bettinger, President Rick Wurster, and CFO Peter Crawford.

What are the client assets held by Charles Schwab?

As of August 31, 2022, Charles Schwab holds approximately $7.13 trillion in client assets.

How many active brokerage accounts does Charles Schwab have?

Charles Schwab has 34 million active brokerage accounts.

Where can I watch the Fall Business Update for Charles Schwab?

The Update will be accessible via a live public webcast at schwabevents.com/corporation.

The Charles Schwab Corporation

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