Schwab Announces Its Summer Business Update

Rhea-AI Summary

The Charles Schwab Corporation has scheduled a Summer Business Update for institutional investors on July 22nd, accessible via webcast. The event, aimed at keeping the investment community informed of recent developments and strategic focuses, will feature CEO Walt Bettinger and CFO Peter Crawford. It will take place from 8:00 a.m. - 9:00 a.m. PT (11:00 a.m. - 12:00 p.m. ET). As of May 31, 2021, Schwab boasts 32.1 million active brokerage accounts and $7.4 trillion in client assets.

Positive

• Scheduled Summer Business Update may enhance investor relations and transparency.
• Solid client base with 32.1 million active brokerage accounts.
• $7.4 trillion in client assets indicates strong market position.

Negative

• None.

The Charles Schwab Corporation announced today that it has scheduled a Summer Business Update for institutional investors on Thursday, July 22^nd. This Update, which will be held via 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, President & Chief Executive Officer 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 32.1 million active brokerage accounts, 2.1 million corporate retirement plan participants, 1.6 million banking accounts, and $7.4 trillion in client assets as of May 31, 2021. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005024/en/

FAQ

When is the Summer Business Update for Charles Schwab scheduled?

The Summer Business Update is scheduled for July 22nd.

Who will present at the Charles Schwab Summer Business Update?

CEO Walt Bettinger and CFO Peter Crawford will present at the Update.

How can I access the Charles Schwab Summer Business Update?

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

What key metrics does Charles Schwab report as of May 31, 2021?

As of May 31, 2021, Schwab has 32.1 million active brokerage accounts and $7.4 trillion in client assets.