Schwab Announces Its Winter Business Update

Rhea-AI Summary

The Charles Schwab Corporation has announced a Winter Business Update for institutional investors scheduled for January 27, from 8:00 a.m. - 1:00 p.m. CT via webcast. This event aims to keep the investment community informed about recent developments and the company's strategic focus. Schwab currently has 33.6 million active brokerage accounts and manages $7.32 trillion in client assets as of November 30, 2022.

Positive

• Scheduled Winter Business Update aims to keep investors informed.
• Strong client base with 33.6 million active brokerage accounts.
• $7.32 trillion in client assets enhances financial stability.

Negative

• None.

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that it has scheduled a Winter Business Update for institutional investors on Friday, January 27^th. This Update, which will be available 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. - 1:00 p.m. CT, 9:00 a.m. - 2:00 p.m. ET. Participants will include members of the company’s executive management and senior leadership team.

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

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 33.6 million active brokerage accounts, 2.3 million corporate retirement plan participants, 1.7 million banking accounts, and $7.32 trillion in client assets as of November 30, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230105005286/en/

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 Winter Business Update for Charles Schwab?

The Winter Business Update is scheduled for January 27.

What time will the Charles Schwab Winter Business Update take place?

The Update will run from 8:00 a.m. to 1:00 p.m. CT.

How can I access the Charles Schwab Winter Business Update?

It will be available via webcast at https://www.aboutschwab.com/schwabevents.

What is the total amount of client assets managed by Charles Schwab?

As of November 30, 2022, Charles Schwab manages $7.32 trillion in client assets.

How many active brokerage accounts does Charles Schwab have?

Charles Schwab has 33.6 million active brokerage accounts.