2025 in Action

^* Some of the statements in this document may be forward looking and contain certain risks and uncertainties.

¹ Charles Schwab & Co., Inc., and Charles Schwab Bank, SSB are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Deposit and lending products are offered by Charles Schwab Bank, SSB, Member FDIC and an Equal Housing Lender.

² To be eligible for Alternative Investments, certain qualifications must be met including having at least $5M in household assets held at Schwab and having been a Schwab client for at least 30 days. Investing in alternative investments is speculative, not suitable for all clients, and generally intended for experienced and sophisticated investors who are willing and able to bear the high economic risks of the investment. Investors should obtain and carefully read the related prospectus or offering memorandum, which will contain the information needed to help evaluate the potential investment and provide important disclosures regarding risks, fees and expenses. Alternative investments, including hedge funds and funds that invest in alternative investments, often employ leveraging and other speculative practices that increase an investor’s risk of loss to include complete loss of investment, often charge high fees, and can be highly illiquid and volatile. Alternative investments may lack diversification, involve complex tax structures and have delays in reporting important tax information. Alternative investments that are closed end funds registered under 1933 or 1940 act would be subject to the same regulatory requirements as mutual funds. Other registered and unregistered funds are not subject to the same regulatory requirements as mutual funds.

³ Portfolio Management for Schwab Wealth Portfolios is provided by Charles Schwab Investment Management, Inc., dba Schwab Asset Management ® , a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. (“Schwab”). Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation. 

⁴ Investing involves risk, including loss of principal.
Extended--Hours Trading Information

• Extended-Hours Trading may not be suitable for all investors and poses certain risks. These risks include, but are not limited to, lower liquidity, higher volatility, price changes between regular and Extended-Hours market sessions, unlinked markets, news announcements, and wider spreads. To learn more call 1-800-435-4000.
• Due to limited liquidity in Extended-Hours Trading sessions, there are no assurances that an investor’s stock order will be executed.
• Extended-Hours Trading will not take place on official Exchange holidays or when Exchanges close early. Schwab reserves the right to change or modify hours of operation for Extended-Hours Trading at any time. A Schwab Extended-Hours Trading session, or any security traded therein, may be temporarily or permanently suspended at our discretion.
• Please note that the commissions for trades executed in multiple sessions (i.e., pre-market, regular or after hours) are not aggregated. Extended-Hours trades will normally settle one business day from the date the order is executed, just like orders placed during regular market hours. Orders placed after 8:05 p.m. ET are eligible for execution once the next Pre-market session opens at 7:00 a.m. ET.

⁵ Schwab Advisor ProDirect™ is a fee-based membership program, and members are subject to the terms and conditions of the Schwab Advisor ProDirect™ Member Agreement.

⁶ Charles Schwab & Co., Inc. (member SIPC ) receives remuneration from fund companies participating in the institutional no transaction fee (INTF) platform for recordkeeping and shareholder services, and other administrative services. Schwab receives greater remuneration on institutional share classes that participate in INTF than institutional share classes that are available with a transaction fee. Institutional NTF funds may be available on the retail platform with a transaction fee.

⁷ This is not an offer of, or a solicitation to subscribe to or purchase, securities. 
Only investors who qualify as accredited investors, qualified clients, or qualified purchasers are eligible to invest in private company securities. Private company securities are speculative and illiquid involving substantial risk of loss and are appropriate only for those investors who can tolerate a high degree of risk.

Private markets (e.g., private company securities) are highly illiquid and there is no guarantee that a market will develop for such securities.

⁸ This Estate Planning Visualization Service (the “Service”) is educational and does not include accounting or tax preparation or legal or tax advice, including, but not limited to, interpretations of tax law, or applications or characterizations of tax law or tax law concepts with respect to Your specific circumstances or the specific circumstances of Your trust or estate plan (collectively, “Legal or Tax Advice”). Neither Schwab nor any of its affiliates provides Legal or Tax Advice in connection with the Service, including, but not limited to, situations in which a Schwab affiliate may act as trustee with respect to a trust submitted to the Service. Wealth.com is not a law firm and does not warrant or represent that this report accurately reflects the matters presented and discussed. You, and not Schwab, are solely responsible for obtaining any relevant legal, accounting, or tax preparation services, and You agree to consult Your own attorney or tax advisor about the topics addressed through the Service.