Schwab Reports Monthly Activity Highlights

  Schwab Reports Monthly Activity Highlights

                    Core Net New Assets Total $8.4 Billion

Business Wire

SAN FRANCISCO -- June 14, 2013

The Charles Schwab Corporation released its Monthly Market Activity Report
today. Company highlights for the month of May 2013 include:

  *Net new assets brought to the company by new and existing clients in May
    2013 totaled negative $1.9 billion. May 2013 net new assets included a
    $10.3 billion outflow related to a mutual fund clearing services client.
    The clearing outflow is part of a planned transfer totaling approximately
    $80 billion occurring over an extended period. Transfers to date related
    to this client total approximately $18 billion.
  *Total client assets were a record $2.11trillion as of month-end May, up
    20% from May 2012 and flat compared to April 2013.
  *Client daily average trades were 505.4 thousand in May 2013, up 17%
    compared to May 2012 and up 8% compared to April 2013.

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 8.9million client brokerage
accounts, 1.6million corporate retirement plan participants, 903,000banking
accounts, and $2.11 trillion in client assets as of May 31, 2013. 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


Charles Schwab
Greg Gable, 415-667-0473
Charles Schwab
Richard Fowler, 415-667-1841
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