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Schwab Announces Its Summer Business Update

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The Charles Schwab Corporation (NYSE: SCHW) has announced a Summer Business Update scheduled for Thursday, July 28, aimed at institutional investors. This live public webcast will run from 8:00 a.m. - 9:00 a.m. PT and will feature key executives including CEO Walt Bettinger, President Rick Wurster, and CFO Peter Crawford. The event aims to provide insights into recent developments and management's strategic focus. Schwab currently manages $7.30 trillion in client assets, with 33.8 million active brokerage accounts as of May 31, 2022.

Positive
  • Scheduled a Summer Business Update for July 28 to engage institutional investors.
  • Executive participation enhances transparency and investor relations.
  • Strong asset management with $7.30 trillion in client assets.
Negative
  • None.

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that it has scheduled a Summer Business Update for institutional investors on Thursday, July 28th. 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 8:00 a.m. - 9:00 a.m. PT, 11:00 a.m. - 12:00 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 schwabevents.com/corporation.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 33.8 million active brokerage accounts, 2.3 million corporate retirement plan participants, 1.7 million banking accounts, and $7.30 trillion in client assets as of May 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, 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 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 for Charles Schwab's Summer Business Update?

The Summer Business Update is scheduled for Thursday, July 28.

Who will present at the Charles Schwab Summer Business Update?

Presenters include CEO Walt Bettinger, President Rick Wurster, and CFO Peter Crawford.

What time will the Charles Schwab Summer Business Update occur?

The event will take place from 8:00 a.m. to 9:00 a.m. PT.

How can I access the Summer Business Update webcast?

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

What is the current client asset total for Charles Schwab?

As of May 31, 2022, Charles Schwab manages $7.30 trillion in client assets.

The Charles Schwab Corporation

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