Charles Schwab 2009 Annual Report Download

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Please find the complete 2009 Charles Schwab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Table of contents

  • Page 1
    It's a New Day. 2009 aNNual report

  • Page 2
    table of Contents 15 20 22 23 24 25 i ii letter From the Ceo letter From the CFo Financial Highlights Growth in Client assets and accounts executive Management Form 10-K Board of Directors Corporate Contacts and Information the last 18 months have touched everyone. people live their lives ...

  • Page 3
    ...financial services. In a post-crisis world, Schwab is more relevant and more recommended than ever. that's because, through it all, we stayed true to our purpose: to help everyone be financially fit. Debbie Lucente, an 11-year Schwab veteran, is a financial consultant in Atlanta's Buckhead Branch.

  • Page 4
    ... time to find their way alone. Finding the route that works best is what matters. Schwab is built to help everyone take the actions that lead to financial fitness. Some clients we serve directly, others through independent advisors, still others through the retirement plans and 401(k)s that their...

  • Page 5
    ... latest technology or a financial plan. Schwab offers help and guidance based on objective research and disciplined analysis. and we make it easily accessible - from Schwab equity ratings® posted on the Web to one-on-one talks with our financial consultants. No matter how our clients turn to us for...

  • Page 6
    ... all their financial options, but too many lack basic knowledge. that's why Schwab wants to help everyone - not just our clients - better understand how to reach financial fitness. We try to share our knowledge...america. We want to make sure people know how to make good choices about their money.

  • Page 7
    ... is in financial services. Schwab offers a wide range of financial products - our own and many from other firms - so people can choose what's best for them. only by providing the widest range of choices, coupled with trusted help and guidance, can we help our clients meet their individual financial...

  • Page 8
    ... these days, it's very easy for people to make sure their voices are heard. Schwab is proud that more people than ever say they would recommend us. like few competitors in the financial services industry, we're adding new households, new accounts, and new assets. as the market went down, our clients...

  • Page 9
    LETTER FROM THE CHIEF EXECUTIVE OFFICER 15 From Walt Bettinger, President and Chief Executive Officer To My Fellow Stockholders: Last year, Schwab added almost 1 million new client accounts while maintaining a healthy balance sheet and delivering significant improvements to our client services ...

  • Page 10
    ... market decline. We also introduced new versions of our Web sites for individual investors, independent investment advisors, and retirement plan participants - all to very positive reviews. Last November, we broke new ground in the fast-growing world of exchange-traded funds (ETFs). Eight new Schwab...

  • Page 11
    ...firm to serve their financial needs. 2006 Walt Bettinger March 10, 2010 2007* 2008 2009 Active Brokerage Accounts Banking Accounts Corporate Retirement Plan Participants * 2007 includes increases of 398,000 related to the acquisition of The 401(k) Company and 100,000 related to Schwab Personal...

  • Page 12
    ...reported by any other firm. Coupling strong engagement with ongoing success in building our client base and attracting new assets helped drive substantial expansion of the company's earnings power in several ways. For example, the dollar value of client assets held at Schwab in fee-generating mutual...

  • Page 13
    ... - Corporate & Retirement Services 10% Total net new assets (3,4) 2% (4) Net market gains (losses) Net growth (decline) New brokerage accounts (in thousands, for the year ended) 8% (5) Clients (in thousands) Active brokerage accounts 2% Banking accounts N/A Corporate retirement plan participants...

  • Page 14
    ... Officer James D. McCool Executive Vice President, Institutional Services Randall W. Merk Executive Vice President, Investment Management Services Rebecca Saeger Executive Vice President and Chief Marketing Officer Paul V. Woolway Executive Vice President and President, Charles Schwab Bank Client...

  • Page 15
    ...President and Chief Executive Officer, The Charles Schwab Corporation Age: 49. Director since 2008; term expires in 2012. C. Preston Butcher Chairman and Chief Executive Officer, Legacy Partners, a real estate development and management firm Age: 71. Director since 1988; term expires in 2012. Member...

  • Page 16
    ... the company's annual report, 10-K, 10-Q, quarterly earnings report, or other publications without charge, contact: Charles Schwab Investor Relations 211 Main Street San Francisco, CA 94105 (415) 667-1959 These documents may also be viewed in the Investor Relations section of the company's Web site...

  • Page 17
    The Charles Schwab Corporation 211 Main Street San Francisco, CA 94105 (415) 667-7000 www.schwab.com www.aboutschwab.com MKT10448-22 (3/10)