Schwab Posts CFO Commentary Regarding Recent Price Reductions

SAN FRANCISCO--()--The Charles Schwab Corporation today posted a CFO Commentary regarding the recent price reductions announced earlier today on its standard online equity, ETF and options trade commissions. Joe Martinetto, Senior Executive Vice President and Chief Financial Officer, provides additional insight and commentary at: http://www.aboutschwab.com/investor-relations/cfo-commentary.

About Charles Schwab

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of financial services, with more than 335 offices and 10.2 million active brokerage accounts, 1.5 million corporate retirement plan participants, 1.1 million banking accounts, and $2.83 trillion in client assets as of January 31, 2017. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, money management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and 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 banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.

Contacts

Charles Schwab
MEDIA:
Alison Wertheim, 415-667-0475
INVESTORS/ANALYSTS:
Rich Fowler, 415-667-1841

Release Summary

The Charles Schwab Corporation today posted a CFO Commentary regarding the recent price reductions announced earlier today on its standard online equity, ETF and options trade commissions

Contacts

Charles Schwab
MEDIA:
Alison Wertheim, 415-667-0475
INVESTORS/ANALYSTS:
Rich Fowler, 415-667-1841