Industry Recognition and Awards
Schwab was recognized in the Kiplinger's Personal Finance 2014 survey of the Best Online Brokers. In addition to coming in #2 out of the 10 brokers included in the survey, Schwab received the following ratings:
"Charles Schwab, 'Breadth of Investment Choices (5 stars)' - Kiplinger's Personal Finance, December 2014"
"Charles Schwab, 'Mobile (4 ½ stars)' - Kiplinger's Personal Finance, December 2014"
"Charles Schwab, 'Overall score (4 stars)' - Kiplinger's Personal Finance, December 2014"
Schwab was named the best broker for mutual fund investors and ETF investors – Kiplinger's Personal Finance, "Best of the Online Brokers," December 2014"1 View the results.
Walt Bettinger, Schwab President & CEO, Named a Contender for FORTUNE Businessperson of the Year 2014.2
View the list.
1. From Kiplinger's Personal Finance, December, 2014. © 2014 The Kiplinger Washington Editors. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
Schwab Ranked #2 in the 2014 survey of the Best Online Brokers. Kiplinger surveyed firms offering online trading of stocks, ETFs, mutual funds and bonds, evaluating each on a five star scale in seven different areas. The overall ranking was assigned based on a weighted average of the areas Kiplinger's readers find most vital: investment choices (25%); tools (20%); web site and mobile functionality (15% each); commissions and fees and research (10% each); and advisory services (5%).
2. FORTUNE is a registered trademark of Time Inc. and is used under license. From FORTUNE magazine, November 2014. ©2014 Time Inc. Used under license. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Licensee.
To compile this year’s Businessperson of the Year list of finalists, FORTUNE considered more than two-dozen metrics. Financial results, including 12-month and three-year growth in profits and revenues, figured prominently in our analysis. We also factored in company stock performance and total shareholder returns over the same periods. Nonfinancial elements, like business influence, leadership style, and strategic initiatives, played a part in our evaluation as well. Finally, to round out our thinking, Fortune consulted a handful of leadership experts—from top business consultants like Ram Charan to Stanford business school professor Jeff Pfeffer to former Xerox CEO Anne Mulcahy. We are grateful for the guidance.
3. From MONEY® Magazine, November, 2014 ©2014 Time Inc.. MONEY is a registered trademark of Time Inc. and is used under License. MONEY and Time Inc. are not affiliated with, and do not endorse products or services of, Charles Schwab.
Money's Selection process: THE CONTENDERS: MONEY looked at the 50 biggest brick-and-mortar banks by consumer deposits and number of branches, plus the 20 biggest online banks by deposits, based on data from financial services consulting firm Novantas. THE CRITERIA -The considerations for checking picks were maintenance fees and ease of waiving them, other charges, restrictions, and perks (like interest or ATM surcharge reimbursements). For savings and CDs, MONEY looked at rates, fees, minimums, and other rules. On all accounts, we discounted intro rates. We also polled banks on mobile-app features and several factors related to convenience. As a tiebreaker, we used branch presence and independent customer-service studies.
Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling Schwab at 800-435-4000. Please read the prospectus carefully before investing.