Schwab Reports Monthly Activity Highlights
SAN FRANCISCO -- February 14, 2013
The Charles Schwab Corporation released its Monthly Market Activity Report
today. Company highlights for the month of January 2013 include:
*Net new assets brought to the company by new and existing clients in
January 2013 totaled $12.1 billion, including a $2.2 billion inflow
related to a mutual fund clearing services client.
*Total client assets were a record $2.01trillion as of month-end January,
up 16% from January 2012 and up 3% compared to December 2012.
*Client daily average trades were 504.7 thousand in January 2013, up 8%
compared to January 2012 and up 5% compared to December 2012. January 2013
trading activity included a 12% sequential increase in daily average
The SMART report can be viewed with its accompanying 12-month data at
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial
services, with more than 300offices and 8.8million client brokerage
accounts, 1.6million corporate retirement plan participants, 874,000banking
accounts, and $2.01 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 lending services and products.
More information is available at www.schwab.com and www.aboutschwab.com.
Greg Gable, 415-667-0473
Richard Fowler, 415-667-1841
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