Development of the Charles Schwab Trading and Technology Lab Underway at the Paul Merage School of Business, University of

  Development of the Charles Schwab Trading and Technology Lab Underway at the
  Paul Merage School of Business, University of California, Irvine

Business Wire

-- January 15, 2013

The Charles Schwab Corporation (NYSE:SCHW):

Charles Schwab Executive Vice President Bernie Clark with Dean Andy Policano
at the UC Irvine Ground ...

Charles Schwab Executive Vice President Bernie Clark with Dean Andy Policano
at the UC Irvine Groundbreaking Ceremony. (Photo: Business Wire)


WHAT:
The University of California, Irvine broke ground on the planned Charles
Schwab Trading and Technology Lab, the cornerstone of a new 78,000-square-foot
building to be located within the University’s Paul Merage School of Business.
Once completed, the planned lab – announced recently at Schwab’s IMPACT^® 2012
conference - will offer students the ability to receive high quality training
and educational tools in the areas of investment and wealth management.

The building itself will include a new 300-seat auditorium, 70-seat and
90-seat case study classrooms, a multi-purpose classroom, an executive
conference room and twenty group study breakout rooms.

The development of this hands-on learning environment is made possible by
funds from The Charles Schwab Foundation to build the facility and a donation
of technology each by Schwab Performance Technologies^® and Schwab Intelligent
Technologies™.

WHO:
Bernie Clark, executive vice president and head of Schwab Advisor Services, is
available to discuss Schwab’s philanthropic and advocacy efforts in the
independent registered investment advisor (RIA) space.

Commenting on the groundbreaking, Clark said, “Schwab is thrilled to be
supporting academic institutions to cultivate highly skilled, future business
leaders and in turn to support and advance the independent advisor industry.”

WHEN:
The groundbreaking ceremony took place at the University’s Paul Merage School
of Business on January 9, 2013.

HOW:
The Charles Schwab Trading and Technology Lab will provide a tutorial
environment, complete with demo data, so that students can receive hands-on
experience using the technology as well as learn about a wide range of advisor
activities from business development and client service to investment
management and back office operations.

The new state-of-the-art lab is being designed to mimic the environment and
layout found at a securities trading floor, allowing students to access the
latest financial market data, along with superior tools and services such as
interactive trade stations featuring Bloomberg, Chicago Mercantile Exchange,
Thomson/Reuters, Matlab, Factset, eSignal, TV monitors streaming global
financial news and tickertape.

Schwab has also donated a technology package for use in the new facility,
which includes license seats to Schwab Performance Technologies'
PortfolioCenter^® - one of the most widely used portfolio management
applications available in the financial services industry and access to
SchwabAdvisorCenter.com, the website used by RIAs who custody assets with
Schwab Advisor Services. Schwab is also including the Schwab OpenView Gateway™
and the Schwab OpenView Workflow Library from Schwab Intelligent Technologies
- recently developed solutions focused on helping advisors better serve their
clients by integrating technology and best practices workflows.


Schwab Advisor Services engages in a wide range of efforts to support and
advance the independent advisory industry. Activities include donations to
non-profit organizations and universities, as well as providing a voice in
Washington, D.C. on regulatory and public affairs issues impacting RIAs.
Schwab Advisor Services also established the IMPACT Awards in 2006 to honor
advisors and firms that have advanced the industry through their visionary
leadership, operational excellence and technology innovation. Schwab is the
driver behind RIAStandsForYou.com, a multi-media national advertising campaign
with a local marketing strategy that aims to support the independent RIA
category and increase awareness of the independent advisory model among high
net-worth investors.

Schwab Advisor Services includes the custody and trading services of Charles
Schwab & Co., Inc. (“CS&Co”), a registered broker-dealer and member SIPC, as
well as the technology products and services of Schwab Performance
Technologies (“SPT”) and Schwab Intelligent Technologies (“SIT”). CS&Co, SPT
and SIT are affiliated as separate subsidiaries of The Charles Schwab
Corporation, but their products and services are separate and independent of
each other.

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 active brokerage
accounts, 1.6million corporate retirement plan participants, 857,000banking
accounts, and $1.92trillion in client assets as of November 30, 2012.The
companywas ranked ‘Highest in Investor Satisfaction With Self-Directed
Services’in the 2012 US Self-Directed Investor Satisfaction Study^SM from
J.D. Power and Associates. 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; compliance and trade monitoring solutions;
referrals to independent fee-based investment advisors; and custodial,
operational and trading support for independent, fee-based investment advisors
through its Advisor Services division. Its banking subsidiary, Charles Schwab
Bank (member FDIC and an Equal Housing Lender), provides trust and custody
services, banking and lending services and products. (0113-0561)

Investment products offered by Charles Schwab & Co., Inc. are not insured by
the FDIC, are not deposits or obligations of Charles Schwab Bank, and are
subject to investment risk, including the possible loss of principal invested.
More information is available at www.schwab.com and www.aboutschwab.com.

Follow us on Twitter: @Schwab4RIAs

Read our corporate blog: SchwabTalk

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Contact:

Charles Schwab
Anita Fox, 415-667-1308
anita.fox@schwab.com
or
The Neibart Group
Sarah Gormley, 718-875-2122
sgormley@neibartgroup.com
 
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