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Stanford wins Charles Schwab Women's Collegiate Invitational; Oregon's Kiara Romero takes home individual title.

Stanford captured the team title at the 2026 Schwab Women’s Collegiate Invitational after a final round rally at Colonial Country Club. Oregon’s Kiara Romero earned medalist honors, finishing five under par in a premier women’s college golf field.

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Neesha Hathi and Liz Ann Sonders Named Among Most Influential Women in US Finance

Barron's seventh annual list of the 100 Most Influential Women in U.S. Finance honors women who have achieved leadership positions in the world of finance and are helping to shape its future. We're thrilled to share that Neesha Hathi, Head of Wealth & Advice Solutions, and Liz Ann Sonders, Chief Investment Strategist, at Charles Schwab have been recognized on this prestigious list.

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Neesha Hathi and Liz Ann Sonders pictured side by side

Transcript: Bloomberg - Rick Wurster interview
February 11, 2026

 

Rick Wurster: We think we are best-positioned in the financial services industry to help clients with AI because of our size, our scale, the depth of our relationships, and all the data we have, which is a key ingredient to winning in AI. And I’ll share an example. Last week, we brought the best of people and technology to our clients. We had a family come in that had a complex trust. They wanted to have a discussion with their children about what that trust meant, how it was going to help them in the future. But it was a 400-page document and hard for the kids to understand. And using Wealth.com, which is a tool we have available for our clients, they were able to create a two-page visual summary of their trust and estate document that led to a conversation with their advisors and their trust experts. That brought a lot of light to what was in that plan and put the whole family on the same page. And that power of people and technology, I think, is what will win in the wealth space, and we think we’re the winner on both fronts, which is why we were disappointed and surprised to see our stock sell off yesterday.

 

Jonathan Ferro: And so Rick, let’s talk about the people selling and ultimately why they sold. Because in their minds, you have this company, this small startup that is going to automate personalized tax strategies and make it much cheaper and threaten your pricing power and the pricing power of wealth managers more broadly. What are they getting wrong?

 

Rick Wurster: Well I think that AI tools like tax planning, which we have available today, is something that is going to make advisors more effective, more consistent, able to serve more clients, but it’s not going to make them less useful. Ultimately, what the client is looking for is convenience and expertise. And the advisors are going to continue to play a critical role in bringing together all the AI tools, all the right information to have that discussion with the client. They are going to lean into relationships. They’re going to lean into judgment. Ultimately, these are complicated decisions, very emotional decisions that often involve family dynamics. And that role of the advisor as a critical sounding board to the individual and the families, we don’t think that’s going away. But we think AI will make those conversations more impactful and more powerful.

 

Jonathan Ferro: So Rick, I don’t think market participants think it is going away wholesale either. I think what they think it’s going to lead to is fee compression or a shift in market share. Ultimately, Rick, that is the difficulty you’ve got now—is the difficulty proving the negative, that that won’t happen. How do you go about doing that in the year ahead?

 

Rick Wurster: You know, this is the same story from 10 years ago when robo advice was going to displace the advisor community and pressure fees. And if you look at what’s happened—first of all, I think we are the biggest robo advisor in the industry. We have $100 billion in assets, and we have provided that technology to our advisors, who have used it to become more efficient in delivering for their clients. But you haven’t seen it displace the growth of the advisor community. In fact, it has grown and fees have not come down, and that was a new technology 10 years ago. It’s been additive to the advisor community, just as I think AI will be. I don’t see fee pressure. I actually see this accelerating the importance of the role of the advisor, who is going to have to work and bring all of these AI tools together and all of the different insights and make them impactful for the client.

 

Lisa Abramowicz: Rick, there’s a larger question here, especially on payrolls Wednesday, which is where we are at, which is, in order to justify the fees and the business models: you need to hire higher-caliber people, but many fewer of them. In other words, a lot of these other smaller tasks can be done by artificial intelligence, by some of the robo advisory programs which you already have in place. Have you already seen that come to your business model?

 

Rick Wurster: We’re seeing AI help our clients in multiple ways. One is bringing new tools and capabilities, like the tax, trust, and estate capabilities we are using, Wealth.com that I described earlier. And it’s allowing us to reach new clients. I think that’s why you will not see the population of advisors shrink. AI will be useful in reaching clients we could not before.

 

 

 

Forward-Looking Statements

This interview contains forward-looking statements relating to the company’s strategy and competitive position; the impact of Artificial Intelligence; and investments and expense. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially, including the company’s ability to close the acquisition of Forge on the anticipated terms and timing; required regulatory approvals and approval by Forge’s stockholders; disruptions to Forge’s business as a result of the announcement and pendency of the acquisition; and the ability and timeframe to integrate the business and realize the anticipated benefits.  Other important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on the company’s website (https://www.aboutschwab.com/financial-reports) and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. 

This information is for educational purposes only OR provided here is for general informational purposes only and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.
Video Transcript

Watch Rick Wurster

Transcript: Bloomberg - Rick Wurster interview
February 11, 2026

 

Rick Wurster: We think we are best-positioned in the financial services industry to help clients with AI because of our size, our scale, the depth of our relationships, and all the data we have, which is a key ingredient to winning in AI. And I’ll share an example. Last week, we brought the best of people and technology to our clients. We had a family come in that had a complex trust. They wanted to have a discussion with their children about what that trust meant, how it was going to help them in the future. But it was a 400-page document and hard for the kids to understand. And using Wealth.com, which is a tool we have available for our clients, they were able to create a two-page visual summary of their trust and estate document that led to a conversation with their advisors and their trust experts. That brought a lot of light to what was in that plan and put the whole family on the same page. And that power of people and technology, I think, is what will win in the wealth space, and we think we’re the winner on both fronts, which is why we were disappointed and surprised to see our stock sell off yesterday.

 

Jonathan Ferro: And so Rick, let’s talk about the people selling and ultimately why they sold. Because in their minds, you have this company, this small startup that is going to automate personalized tax strategies and make it much cheaper and threaten your pricing power and the pricing power of wealth managers more broadly. What are they getting wrong?

 

Rick Wurster: Well I think that AI tools like tax planning, which we have available today, is something that is going to make advisors more effective, more consistent, able to serve more clients, but it’s not going to make them less useful. Ultimately, what the client is looking for is convenience and expertise. And the advisors are going to continue to play a critical role in bringing together all the AI tools, all the right information to have that discussion with the client. They are going to lean into relationships. They’re going to lean into judgment. Ultimately, these are complicated decisions, very emotional decisions that often involve family dynamics. And that role of the advisor as a critical sounding board to the individual and the families, we don’t think that’s going away. But we think AI will make those conversations more impactful and more powerful.

 

Jonathan Ferro: So Rick, I don’t think market participants think it is going away wholesale either. I think what they think it’s going to lead to is fee compression or a shift in market share. Ultimately, Rick, that is the difficulty you’ve got now—is the difficulty proving the negative, that that won’t happen. How do you go about doing that in the year ahead?

 

Rick Wurster: You know, this is the same story from 10 years ago when robo advice was going to displace the advisor community and pressure fees. And if you look at what’s happened—first of all, I think we are the biggest robo advisor in the industry. We have $100 billion in assets, and we have provided that technology to our advisors, who have used it to become more efficient in delivering for their clients. But you haven’t seen it displace the growth of the advisor community. In fact, it has grown and fees have not come down, and that was a new technology 10 years ago. It’s been additive to the advisor community, just as I think AI will be. I don’t see fee pressure. I actually see this accelerating the importance of the role of the advisor, who is going to have to work and bring all of these AI tools together and all of the different insights and make them impactful for the client.

 

Lisa Abramowicz: Rick, there’s a larger question here, especially on payrolls Wednesday, which is where we are at, which is, in order to justify the fees and the business models: you need to hire higher-caliber people, but many fewer of them. In other words, a lot of these other smaller tasks can be done by artificial intelligence, by some of the robo advisory programs which you already have in place. Have you already seen that come to your business model?

 

Rick Wurster: We’re seeing AI help our clients in multiple ways. One is bringing new tools and capabilities, like the tax, trust, and estate capabilities we are using, Wealth.com that I described earlier. And it’s allowing us to reach new clients. I think that’s why you will not see the population of advisors shrink. AI will be useful in reaching clients we could not before.

 

 

 

Forward-Looking Statements

This interview contains forward-looking statements relating to the company’s strategy and competitive position; the impact of Artificial Intelligence; and investments and expense. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially, including the company’s ability to close the acquisition of Forge on the anticipated terms and timing; required regulatory approvals and approval by Forge’s stockholders; disruptions to Forge’s business as a result of the announcement and pendency of the acquisition; and the ability and timeframe to integrate the business and realize the anticipated benefits.  Other important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on the company’s website (https://www.aboutschwab.com/financial-reports) and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. 

This information is for educational purposes only OR provided here is for general informational purposes only and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.

CEO & President Rick Wurster on Bloomberg TV

Learn how AI is helping Schwab make a difference in our clients’ financial lives.

Trading Insights

Man stretching at his desk

Finding balance in an 'always-on' trading world

Modern trading is more accessible than ever, long after the closing bell. The benefits are many. A challenge? How to unplug without missing out.

Read article

Fast Money

CNBC

By Staff

July 29, 2025

 

Melissa Lee: That is the highest since the survey's inception in 2022. For more on the findings, Schwab's Head of Trading Services, James Kostulias, joins us here on set. James, great to see you. I feel like the retail trader actually got it right in terms of staying long during this whole volatile period. Why are they cautious now?   

 

James Kostulias: I agree. I think when you look at the overall bullish sentiment, coupled with 57%, I think the market may be a bit overvalued. I think there are two stories there. I think there's a bullish story long-term and maybe some caution in the short term that maybe things are a little bit oversold. You know, you had Carter on yesterday showing some of the technicals around the S&P and sort of some of the resistance levels. And then Michael Khouw talking about the futures forwards. And so I think there's some trepidation in the short term. But overall a lot of bullishness in the longer term.   

 

Melissa Lee: Okay. So they're still staying long, or are they changing how they're positioning given the cautiousness?   

 

James Kostulias: Yeah, it's a great question. I think they're mostly long. We've certainly seen some hedging activities. And I don't think it's any type of irrational exuberance when you look at the sentiment right now. And so some of the more higher-leverage strategies, the risk-on strategies that we saw back in April, we're seeing less of that. So overall margin growth is back to healthy levels as it was in April. But the more riskier strategies are not ones clients are undertaking right now. I think they learned a little bit of a lesson where they saw what could have been back in April, and they're a little bit more cautious right now.   

 

Guy Adami: So James obviously watches the show, number one.   

 

Melissa Lee: Yes. Huge fan of the show.   

 

Guy Adami: Huge fan, as is Adam Sandler. Number two, it's a much different retail trader than even five years ago. Did you think that they feel that they're nimble enough that if they see the turn coming, they'll be able to get out, I guess is my question? 

 

James Kostulias: I do. I do. I agree with your hypothesis completely. The retail trader has evolved a lot over the course of the last few years. We wrap, personally at Schwab, a lot of education and service, and risk management around the value proposition. We talk about high probability trading, as opposed to some of the more riskier strategies that traders would be in. And I think the retail trader is a smart trader right now in 2025.   

 

Timothy Seymour: James, where in terms of positioning is it, though? Is the caution around mega-cap tech stocks? Is it that the broadening of the market really isn't there? In other words, is it the narrowness of this movement? Where would you say positioning really is, especially in the biggest companies in the world?   

 

James Kostulias: Yeah, we certainly saw in June, with some selling on Nvidia. We saw some selling on Coinbase. And so, some of the stocks that have really broken out in the megacaps definitely have a little bit more caution on them. And I think one of the things I know we talked a little bit about is the sort of, you know, next wave of meme stock trading, and so maybe taking some profits off the table on some of the mega-caps and moving them into some of the undervalued names, perhaps. But I couldn't agree more with Guy's point, of even with a little bit of an increase in some of those stocks, your Krispy Kremes and your Kohl's. Nothing like what we saw back in the pandemic.

 

Steve Grasso: James, when you hear the clamoring for new products or the new offerings, when are you guys going to start trading crypto?   

 

James Kostulias: Yeah. So we have a lot of ways for clients to get exposure to crypto today. So we've got roughly 20% of the ETP market in the crypto ETFs. We offer Bitcoin futures, Ethereum futures, and obviously options on the ETFs. We're arduously working on a spot crypto offering, and we're going to deliver to our clients in the not-too-distant future.

 

Melissa Lee: So when you talk about a client that's getting more cautious, does that include crypto as a risk asset, or how do they view crypto in their portfolio?   

 

James Kostulias: Yeah, I think their views on crypto have probably changed a bit after what we saw in April, right? At some point, there was some talk, maybe even on this show. Guy, I don't watch every day, but I watch most days, around crypto. 

 

Guy Adami: Definitely the night before he’s on!

 

James Kostulias: Around crypto, becoming a little bit more of a safe haven, right. And so I think when we talk about the overvaluation of the market, that roughly 57% of the survey clients said, I don't think crypto is at the heart of that overvaluation. I think it was more what Tim was talking about in terms of the mega-caps and the Mag 7.

 

Melissa Lee: And something jumped out at me in the notes. The two busiest trading days were in the second quarter for Schwab?

 

James Kostulias: Yeah. Right, right, right around all the. Yeah, right around the seventh, eighth, and ninth, those three days in April. But one other point I just wanted to make, Melissa, on the survey was that 80% of clients were talking about buying the dip. And I think, to me, that's another sort of affirmation on, ‘Hey, I'm bullish long term, but maybe not as much in the short term. But if I see that dip, I'm going to ultimately go ahead and buy it.’ And as we know, retail investors have been rewarded for doing that.

 

Melissa Lee: Yep. James, great to see you. James Kostulias. He didn’t know he had that in common with Adam Sandler, I bet.

 

###

 
Video Transcript

Watch James Kostulias

Fast Money

CNBC

By Staff

July 29, 2025

 

Melissa Lee: That is the highest since the survey's inception in 2022. For more on the findings, Schwab's Head of Trading Services, James Kostulias, joins us here on set. James, great to see you. I feel like the retail trader actually got it right in terms of staying long during this whole volatile period. Why are they cautious now?   

 

James Kostulias: I agree. I think when you look at the overall bullish sentiment, coupled with 57%, I think the market may be a bit overvalued. I think there are two stories there. I think there's a bullish story long-term and maybe some caution in the short term that maybe things are a little bit oversold. You know, you had Carter on yesterday showing some of the technicals around the S&P and sort of some of the resistance levels. And then Michael Khouw talking about the futures forwards. And so I think there's some trepidation in the short term. But overall a lot of bullishness in the longer term.   

 

Melissa Lee: Okay. So they're still staying long, or are they changing how they're positioning given the cautiousness?   

 

James Kostulias: Yeah, it's a great question. I think they're mostly long. We've certainly seen some hedging activities. And I don't think it's any type of irrational exuberance when you look at the sentiment right now. And so some of the more higher-leverage strategies, the risk-on strategies that we saw back in April, we're seeing less of that. So overall margin growth is back to healthy levels as it was in April. But the more riskier strategies are not ones clients are undertaking right now. I think they learned a little bit of a lesson where they saw what could have been back in April, and they're a little bit more cautious right now.   

 

Guy Adami: So James obviously watches the show, number one.   

 

Melissa Lee: Yes. Huge fan of the show.   

 

Guy Adami: Huge fan, as is Adam Sandler. Number two, it's a much different retail trader than even five years ago. Did you think that they feel that they're nimble enough that if they see the turn coming, they'll be able to get out, I guess is my question? 

 

James Kostulias: I do. I do. I agree with your hypothesis completely. The retail trader has evolved a lot over the course of the last few years. We wrap, personally at Schwab, a lot of education and service, and risk management around the value proposition. We talk about high probability trading, as opposed to some of the more riskier strategies that traders would be in. And I think the retail trader is a smart trader right now in 2025.   

 

Timothy Seymour: James, where in terms of positioning is it, though? Is the caution around mega-cap tech stocks? Is it that the broadening of the market really isn't there? In other words, is it the narrowness of this movement? Where would you say positioning really is, especially in the biggest companies in the world?   

 

James Kostulias: Yeah, we certainly saw in June, with some selling on Nvidia. We saw some selling on Coinbase. And so, some of the stocks that have really broken out in the megacaps definitely have a little bit more caution on them. And I think one of the things I know we talked a little bit about is the sort of, you know, next wave of meme stock trading, and so maybe taking some profits off the table on some of the mega-caps and moving them into some of the undervalued names, perhaps. But I couldn't agree more with Guy's point, of even with a little bit of an increase in some of those stocks, your Krispy Kremes and your Kohl's. Nothing like what we saw back in the pandemic.

 

Steve Grasso: James, when you hear the clamoring for new products or the new offerings, when are you guys going to start trading crypto?   

 

James Kostulias: Yeah. So we have a lot of ways for clients to get exposure to crypto today. So we've got roughly 20% of the ETP market in the crypto ETFs. We offer Bitcoin futures, Ethereum futures, and obviously options on the ETFs. We're arduously working on a spot crypto offering, and we're going to deliver to our clients in the not-too-distant future.

 

Melissa Lee: So when you talk about a client that's getting more cautious, does that include crypto as a risk asset, or how do they view crypto in their portfolio?   

 

James Kostulias: Yeah, I think their views on crypto have probably changed a bit after what we saw in April, right? At some point, there was some talk, maybe even on this show. Guy, I don't watch every day, but I watch most days, around crypto. 

 

Guy Adami: Definitely the night before he’s on!

 

James Kostulias: Around crypto, becoming a little bit more of a safe haven, right. And so I think when we talk about the overvaluation of the market, that roughly 57% of the survey clients said, I don't think crypto is at the heart of that overvaluation. I think it was more what Tim was talking about in terms of the mega-caps and the Mag 7.

 

Melissa Lee: And something jumped out at me in the notes. The two busiest trading days were in the second quarter for Schwab?

 

James Kostulias: Yeah. Right, right, right around all the. Yeah, right around the seventh, eighth, and ninth, those three days in April. But one other point I just wanted to make, Melissa, on the survey was that 80% of clients were talking about buying the dip. And I think, to me, that's another sort of affirmation on, ‘Hey, I'm bullish long term, but maybe not as much in the short term. But if I see that dip, I'm going to ultimately go ahead and buy it.’ And as we know, retail investors have been rewarded for doing that.

 

Melissa Lee: Yep. James, great to see you. James Kostulias. He didn’t know he had that in common with Adam Sandler, I bet.

 

###

 

Schwab's Head of Trading Services James Kostulias joins CNBC to discuss recent trader sentiment

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Forward-Looking Statements

This interview contains forward-looking statements relating to the company’s strategy and competitive position; the impact of Artificial Intelligence; and investments and expense. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially, including the company’s ability to close the acquisition of Forge on the anticipated terms and timing; required regulatory approvals and approval by Forge’s stockholders; disruptions to Forge’s business as a result of the announcement and pendency of the acquisition; and the ability and timeframe to integrate the business and realize the anticipated benefits.  Other important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on https://www.aboutschwab.com/financial-reports and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements. 

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. 

This information is for educational purposes only OR provided here is for general informational purposes only and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.

_______

This interview contains forward-looking statements relating to the company’s strategy and focus; momentum and competitive position; growth in client accounts and assets; and client sentiment and engagement. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially, including the company’s ability to close the acquisition of Forge on the anticipated terms and timing; required regulatory approvals and approval by Forge’s stockholders; disruptions to Forge’s business as a result of the announcement and pendency of the acquisition; and the ability and timeframe to integrate the business and realize the anticipated benefits.  Other important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on https://www.aboutschwab.com/financial-reports and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements.

This material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. 

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. 

Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. 

Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. 

All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. 

Schwab mobile requires a wireless signal or mobile connection. System availability and response times are subject to market conditions and your mobile connection limitations. Functionality may vary by operating system and/or device.

Past performance is no guarantee of future results. 

This information is not intended to be a substitute for specific individualized tax, legal, or investment planning advice.

 

 

 

(0326-W5U4, 0226-BBKD, 0126-1V43, 0126-1JMJ, 0424-YL5F)

Forward-Looking Statements

This interview contains forward-looking statements relating to the company’s strategy and competitive position; the impact of Artificial Intelligence; and investments and expense. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially, including the company’s ability to close the acquisition of Forge on the anticipated terms and timing; required regulatory approvals and approval by Forge’s stockholders; disruptions to Forge’s business as a result of the announcement and pendency of the acquisition; and the ability and timeframe to integrate the business and realize the anticipated benefits.  Other important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on https://www.aboutschwab.com/financial-reports and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements. 

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. 

This information is for educational purposes only OR provided here is for general informational purposes only and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.

_______

This interview contains forward-looking statements relating to the company’s strategy and focus; momentum and competitive position; growth in client accounts and assets; and client sentiment and engagement. These forward-looking statements reflect management’s expectations as of the date hereof. Achievement of these expectations and objectives is subject to risks and uncertainties that could cause actual results to differ materially, including the company’s ability to close the acquisition of Forge on the anticipated terms and timing; required regulatory approvals and approval by Forge’s stockholders; disruptions to Forge’s business as a result of the announcement and pendency of the acquisition; and the ability and timeframe to integrate the business and realize the anticipated benefits.  Other important factors that may cause such differences are described in the company’s most recent reports on Form 10-K and Form 10-Q, which have been filed with the Securities and Exchange Commission and are available on https://www.aboutschwab.com/financial-reports and on the Securities and Exchange Commission’s website (https://www.sec.gov). The company makes no commitment to update any forward-looking statements.

This material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. 

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. 

Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. 

Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. 

All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. 

Schwab mobile requires a wireless signal or mobile connection. System availability and response times are subject to market conditions and your mobile connection limitations. Functionality may vary by operating system and/or device.

Past performance is no guarantee of future results. 

This information is not intended to be a substitute for specific individualized tax, legal, or investment planning advice.