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Charles Schwab Surpasses $4tn in Assets

Charles Schwab Surpasses $4tn in Assets

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FintechNews RoundupUSA
··1 min read

Charles Schwab’s decision to cut trading fees to zero on October 1st is paying off with the wealth manager surpassing $4tn in client assets; the company also saw 433,000 new accounts in Q4 which was the highest quarter for 2019 overall; “During 2019 our commitment to seeing ‘through clients’ eyes’ prompted us to take a number of bold steps that further enhance our offer to clients and help position Schwab to build value for our stakeholders – clients, employees, and stockholders – over the long-term,” CEO Walter Bettinger said in the company’s earnings report according to Business Insider; the company also believes their acquisition of TD Ameritrade will help them stay ahead of innovation as the market continues to shift. Business Insider

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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