The past year has been momentous—both for the markets and for Schwab.
The Federal Reserve's aggressive measures to tame inflation have been effective, albeit with consequences for everything from commercial real estate and high-yield bonds to regional banks and small-cap stocks. Meanwhile, Schwab teams have been working hard to welcome roughly 13 million clients from TD Ameritrade Inc. into the fold.
Regardless of external forces and internal changes, Schwab's commitment to our clients—existing and new—remains our top priority. In the year ahead, you can expect the same exceptional service and offerings that earned us the No. 1 spot in the J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study, which surveys the experiences of investors just like you.
This honor reflects our single-minded promise to meet the ever-evolving needs of individual investors—and we look forward to not only meeting but also exceeding your expectations for many years to come.
Chief Executive Officer & Co-Chairman