Putting Clients First

November 11, 2022 Walter W. Bettinger II
Through the highs and the lows of the market, Schwab is here to help you succeed.

When I joined Schwab back in 1995, it was a very different company operating in a very different world. Online trading was in its infancy, and Schwab was still a discount brokerage that offered little in the way of investment advice. Today, online orders make up the majority of our trading activity, and clients have entrusted more than $130 billion1 to Schwab Wealth Advisory™, our comprehensive wealth management service.

But for all the change and growth, Schwab's core mission has remained consistent: to view our business through clients' eyes. It's this time-tested strategy that has enabled us to serve investors through the best and worst market environments, all while delivering best-in-class products, advice, and value.

My recent appointment as co-chairman of Schwab's board of directors further underscores the company's commitment to continuity in both leadership and strategy. And rest assured, as we move through yet another period of uncertainty, every employee of Schwab will work hard to keep our focus on what matters most: you.

Sincerely,

Walt Bettinger Signature

Walt Bettinger

Chief Executive Officer & Co-Chairman

1As of 08/31/2022.

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

Schwab Wealth Advisory™ (SWA) is a non-discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. (Schwab). Schwab Wealth Advisory, Inc. (SWAI), is a Registered Investment Advisor and provides portfolio management for the SWA program. Schwab and SWAI are affiliates and are subsidiaries of The Charles Schwab Corporation.

1122-2M43