Charles Schwab 2011 Annual Report Download - page 2

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In addition to historical information, this Annual Report to Stockholders contains
“forward-looking statements,” which are identied by words such as “believe,”
“anticipate,” “expect,” “intend,” “plan,” “will,” “may,” “estimate,” “aim,” “target,”
“should,” “growth,” “commit,” “build,” “deliver,” “continue,” “remain” and other
similar expressions. In addition, any statements that refer to expectations,
projections, or other characterizations of future events or circumstances are
forward-looking statements. These forward-looking statements, which reect
management’s beliefs, objectives, and expectations as of the date hereof, are
necessarily estimates based on the best judgment of the company’s senior
management. These statements relate to, among other things, the company’s
growth in revenues, earnings and prots (See “Letter from the Chief Executive
Ofcer” and “Letter from the Chief Financial Ofcer”), earnings power (See “Letter
from the Chief Executive Ofcer”), and investment spending, expenses and
capital position (See “Letter from the Chief Financial Ofcer”). Achievement of
the expressed beliefs, objectives, and expectations described in these statements
is subject to certain risks and uncertainties that could cause actual results to
differ materially from the expressed beliefs, objectives, and expectations. Readers
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this Annual Report to Stockholders. See
“Forward-Looking Statements” in Management’s Discussion and Analysis of
Financial Condition and Results of Operations on page 43 in the Form 10-K for a
discussion of important factors that may cause such differences.
The Charles Schwab Corporation (NYSE: SCHW) is
a leading provider of brokerage, banking, home
loans, and other nancial services to millions of
individual investors. The rm also serves independent
investment advisors and helps companies manage
retirement and stock plans.
TABLE OF CONTENTS
Letter From the CEO
Operating Priorities
Letter From the CFO
Financial Highlights and Reconciliation
Growth in Client Assets and Accounts
Executive Management
Form 10-K
Board of Directors
Corporate Information
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