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Stock Market & Financial Investment News

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November 14, 2012
08:48 EDTSCHWCharles Schwab reports October 2012 activity highlights
Charles Schwab released its October Monthly Market Activity Report today. Company highlights include: net new assets brought to the company by new and existing clients in October 2012 totaled $24.7B, including a $15.7B inflow related to a mutual fund clearing services client. Total client assets were a record $1.9T as of month-end October, up 13% from October 2011 and flat compared to September 2012. Client daily average trades were 439.7K in October 2012, down 14% from October 2011 and flat compared to September 2012. October 29 and 30, 2012 were not included as trading days due to weather-related market closures, with a corresponding impact on trading revenue. October 2012 trading activity included a sequential rise in asset-based trades.
News For SCHW From The Last 14 Days
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May 19, 2015
09:02 EDTSCHWCharles Schwab lowers fees in Schwab 529 College Savings Plan
Charles Schwab announced that it is reducing fees in the Schwab 529 College Savings Plan effective July 17, 2015. The actively-managed portfolios are being reduced by an average of 20 percent, with total expense ratios now ranging from 0.41 to 1.01%, down from 0.41 to 1.34%. The passive index portfolios will decrease 45 percent to a total expense ratio of 0.30% down from 0.55%. The fee reductions are aimed at giving parents, relatives and friends an even more cost-effective way to save for a child’s higher education, a top priority for many investors as college expenses continue to rise.
08:08 EDTSCHWCharles Schwab Advisor Services change positive, says JMP Securities
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May 14, 2015
08:47 EDTSCHWCharles Schwab reports April net new assets totaled $9.1B
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