50.38 +0.43 (0.87%)
After hours: 4:26PM EST
|Bid||49.86 x 2200|
|Ask||49.94 x 2200|
|Day's Range||49.81 - 51.36|
|52 Week Range||34.58 - 51.65|
|Beta (5Y Monthly)||1.41|
|PE Ratio (TTM)||18.43|
|Forward Dividend & Yield||0.68 (1.33%)|
|1y Target Est||N/A|
The Board of Directors of The Charles Schwab Corporation has declared a semi-annual dividend on the outstanding Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A in the amount of $35 per share. The dividend is payable February 3, 2020 to stockholders of record at the close of business on January 17, 2020.
According to Charles Schwab’s SDBA Indicators ReportTM, an industry-leading benchmark on retirement plan participant investment activity within self-directed brokerage accounts , Millennials allocated a larger percentage of their portfolios to ETFs and cash than did other generations during the third quarter of 2019, while mutual funds remained the largest holding in the accounts of all generations ...
The Charles Schwab Corporation (“Schwab”) and TD Ameritrade Holding Corporation (“TD Ameritrade”) today announced that they have entered into a definitive agreement for Schwab to acquire TD Ameritrade in an all-stock transaction valued at approximately $26 billion. Under the agreement, TD Ameritrade stockholders will receive 1.0837 Schwab shares for each TD Ameritrade share, which represents a 17% premium over the 30-day volume weighted average price exchange ratio as of November 20, 2019.
According to new research from Schwab Stock Plan Services, the average vested value of U.S. workers’ equity compensation is $97,711 and the average total value of their equity compensation is $149,835. The study, which examines the attitudes and behaviors of 1,000 equity compensation plan participants who currently receive incentive stock options or restricted stock awards and/or participate in employee stock purchase plans (ESPPs), finds that 41% of respondents have exercised or sold at least some of their equity compensation during their career.
This morning from the mainstage at Schwab’s annual IMPACT® conference, Bernie Clark, executive vice president and head of Schwab Advisor Services, pointed to the $5 trillion independent advice industry and applauded the more than 2,200 advisor clients in attendance, saying, “you being all in on independence has made this industry what it is.” He celebrated the remarkable growth of the independent model and echoed the “All In” theme of this year’s event. Clark noted that the registered investment advisor (RIA) industry has tripled in size since 2009. According to results from Schwab’s latest Independent Advisor Outlook Study (IAOS), released today at IMPACT, the majority of advisors (92%) expect the industry to continue to grow and more than a third (37%) believe it will grow at a higher rate than the market.
SAN DIEGO-- -- BEST-IN-BUSINESS IMPACT AWARD ™ - Sequoia Financial Group, LLC PACESETTER IMPACT AWARD ™ - AdvicePeriod, LLC TRAILBLAZER IMPACT AWARD ™ - Moisand Fitzgerald Tamayo, LLC BEST-IN-RETIREMENT BUSINESS AWARD ™ - PCS Retirement, LLC Schwab Advisor Services™ announced the recipients of the 14th annual IMPACT Awards ® for independent investment advisor firms. Four firms are being recognized ...
Schwab Advisor Services today introduced the Schwab Alternative Investment Marketplace™ platform, which gives Schwab’s independent advisor clients access to third-party platform sponsors that offer menus of private funds. The new platform delivers a number of benefits for independent advisors, including removal of custodial fees, streamlined capital call processing, and access to third-party alternative investment funds. “We continually listen to what advisors tell us they need, and based on their feedback, we’re pleased to provide access for their clients to a growing list of alternative investment funds,” said Jalina Kerr, senior vice president, Client Experience, Schwab Advisor Services.
Record date in fourth paragraph, last sentence should read: "November 15, 2019" instead of "November 5, 2019".
Schwab Advisor Services™ today announced keynote speakers and new features coming to IMPACT® 2019, the largest and longest-running annual gathering of independent advisors in the nation. More than 2,200 independent advisors from across the country, along with hundreds of industry professionals, will gather at the San Diego Convention Center from November 4-7.
The Charles Schwab Corporation announced today that it has scheduled a Fall Business Update for institutional investors on Friday, October 18th. 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.
Charles Schwab Investment Management, Inc. , an asset management arm of The Charles Schwab Corporation, is launching three new fixed income exchange-traded funds .
Schwab Advisor ServicesTM announced it is redoubling its effort to raise awareness among investors of the merits of the independent advisory model through its ongoing “Independent Difference” national advertising and educational campaign. The multi-format campaign showcases independent investment advisors from around the country and targets high-net-worth investors with a message about how the RIA model is closely aligned with the needs of high-net-worth investors. The next phase will feature a custom content program in The Wall Street Journal that includes an interactive game and animated video that help high-net-worth investors discover their financial blind spots and understand how an independent financial advisor can help.
Almost forty five years ago, Chuck Schwab made investing more accessible to all Americans with the concept of low commissions to buy and sell stocks. On October 7, 2019, in conjunction with the release of Mr.