
Company Website:
http://www.aboutschwab.com
SAN FRANCISCO -- (Business Wire)
The Charles Schwab Corporation released its Monthly Market Activity
Report today. Company highlights for the month of April 2012 include:
-
Net new assets brought to the company by new and existing clients in
April 2012 totaled $1.0 billion, reflecting client cash disbursements
during tax season.
-
Total client assets were $1.83 trillion as of month-end April, up 9%
from April 2011 and flat compared to March 2012.
-
Client daily average trades were 458.9 thousand in April 2012, up 5%
from April 2011 and down 1% from March 2012.
The SMART report can be viewed with its accompanying 12-month data at www.aboutschwab.com/investor_relations/financial_reports/
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 300 offices and 8.7 million client
brokerage accounts, 1.5 million corporate retirement plan participants,
808,000 banking accounts, and $1.83 trillion in client assets. Through
its operating subsidiaries, the company provides a full range of
securities brokerage, banking, money management 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 mortgage services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

Contacts:
MEDIA:
Charles Schwab
Greg Gable, 415-667-0473
or
INVESTORS/ANALYSTS:
Charles
Schwab
Rich Fowler, 415-667-1841
Source: The Charles Schwab Corporation
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