Schwab Reports Monthly Activity Highlights

  Schwab Reports Monthly Activity Highlights

Business Wire

SAN FRANCISCO -- May 14, 2012

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.

Contact:

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