Charles Schwab Launches Online Planning Center for Investors

  Charles Schwab Launches Online Planning Center for Investors

New, Practical Guidance Helps Investors Start Taking Action

Business Wire

SAN FRANCISCO -- January 30, 2013

Charles Schwab today announced the launch of a new Planning Center on with content and insights to help investors begin planning for
retirement, estate planning, college savings and more.

For each of these topics, the planning process is broken into manageable steps
based on an individual’s specific situation and goals, and the Planning Center
delivers straightforward strategies and actionable next steps to help
investors get started and maintain momentum.

In a survey of more than 1,000 Schwab clients conducted in mid-December 2012,
42 percent said now is a good time to invest, and 62 percent indicated that
they would be likely to invest a $25,000 windfall, but just 34 percent said
they are confident in their own investment decision making.

“Our clients are becoming increasingly engaged in investing and planning, and
our new Planning Center offers practical guidance on how to plan for a variety
of financial goals and life-events, which can give them more confidence that
they are on the right path,” said Rodney Prezeau, Charles Schwab Senior Vice
President of Client Experience.

Schwab’s new Planning Center dives deep into a wide array of important topics
and reflects the breadth and depth of financial guidance Schwab can provide to
investors, including

  *Estate planning
  *College savings
  *Planning for significant life events
  *Debt management
  *Saving strategies

Schwab’s new Planning Center is available at and is
available to both clients and non-clients.

“We created the Planning Center as a resource for people who want to start the
planning process and need to better understand the key considerations for
different financial goals,” noted Prezeau. ”From there, Schwab offers a wide
range of resources to help them achieve their goals.”

Schwab’s Expanding Planning and Advice Offers

Schwab’s Planning Center is the latest addition to Schwab’s growing suite of
planning and advice resources for investors that includes tools, research,
one-on-one guidance, and portfolio solutions.

Illustrating Schwab’s growing focus on providing more planning and investing
guidance, in 2012, Schwab hosted more than 600,000 in-person client meetings,
delivered more than 20,000 complimentary consultations, and presented 56,500
personalized financial and investing plans. Assets in Schwab’s growing advice
programs stood at more than $120 billion at the end of 2012.

“Seventy-six percent of clients we recently surveyed said that even periodic
advice from a professional would give them more confidence in achieving their
financial goals,” said Prezeau. “Schwab has evolved well past its roots as a
discount broker to offer sophisticated investment advice and planning that can
help investors navigate today’s markets and economy.”

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial
services, with more than 300offices and 8.8million active brokerage
accounts, 1.6million corporate retirement plan participants, 865,000banking
accounts, and $1.95trillion in client assets as of December 31, 2012. 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,, 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 Schwab Advisor Services.
Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing
Lender), provides banking and lending services and products. More information
is available at and


Follow Schwab on Twitter: @charlesschwab

Read Schwab’s blog: Schwab Talk


Charles Schwab
Alison Wertheim, 415-667-0475
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