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J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study℠

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Charles Schwab received the highest score in the J.D. Power 2023 U.S.
Full-Service Investor Satisfaction Study, which measures investor satisfaction
with full-service investment firms. Visit jdpower.com/awards for more details.
The J.D. Power 2023 U.S. Full-Service Investor Satisfaction Study is
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Use of study results in promotional materials is subject to a license fee.


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IMPORTANT INFORMATION ABOUT OUR RELATIONSHIP WITH YOU: CLIENT RELATIONSHIP
SUMMARIES

Our Client Relationship Summaries offer a brief summary of our services, fees,
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WE ENCOURAGE YOUR QUESTIONS.

Here are answers to some top questions from investors like you:

What is the Schwab Security Guarantee?

Under the Schwab Security Guarantee, Schwab will cover 100% of any losses in
your Schwab accounts due to unauthorized activity. Read more at
Schwab.com/guarantee.
 

How much does it cost to work with Schwab?
 * $0 online listed stock, option, and ETF trade commissions1,2
 * Thousands of non-load, no-transaction-fee mutual funds3
 * No charge to work with a Schwab Financial Consultant (other account fees,
   fund expenses, and brokerage commissions may apply)

*See all our pricing

There are certain eligibility requirements for working with a dedicated
Financial Consultant.

1. Standard online $0 commission does not apply to over-the-counter (OTC)
equities, transaction-fee mutual funds, futures, fixed-income investments, or
trades placed directly on a foreign exchange or in the Canadian market. Options
trades will be subject to the standard $0.65 per-contract fee. Service charges
apply for trades placed through a broker ($25) or by automated phone ($5).
Exchange process, ADR, and Stock Borrow fees still apply. See the Charles Schwab
Pricing Guide for Individual Investors for full fee and commission schedules.

2. ETFs at Charles Schwab & Co., Inc. ("Schwab") which are U.S. exchange-listed
can be traded without a commission on buy and sell transactions made online in a
Schwab account. Unlisted ETFs are subject to a commission. Please see pricing
guide for additional information. Schwab does not receive payment to promote any
particular ETF to its customers. Schwab's affiliate Charles Schwab Investment
Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs, which
compensate CSIM out of the applicable operating expense ratios. The amount of
the fees is disclosed in the prospectus of each ETF.

3. Trades in no load funds available through Schwab's Mutual Fund OneSource®
service (including Schwab Funds), as well as certain other funds, are available
without transaction fees when placed through schwab.com or our automated phone
channels. For each of these trade orders placed through a broker, a $25 service
charge applies. Schwab's short-term redemption fee of $49.95 will be charged on
redemption of funds purchased through Mutual Fund OneSource® service and held
for 90 days or less. Schwab reserves the right to change the funds we make
available without transaction fees and to reinstate fees on any funds. Charles
Schwab & Co., Inc. receives remuneration from fund companies participating in
the Mutual Fund OneSource service for recordkeeping and shareholder services and
other administrative services. Schwab also may receive remuneration from
transaction fee fund companies for certain administrative services. 

There are no fees to open or maintain your account. Other account fees, fund
expenses, and brokerage commissions may apply.

How do I open an account?

You can open an account online, by phone, or in one of over 300 branches.
Click here to open an account online in about 10 minutes.

 1. Choose your account type.
 2. Complete an application.
 3. Get started funding and investing.

Or call us at 800-435-4000 or find a branch.

What kind of investment products does Schwab offer?

Schwab offers a wide selection of investment products to help you build a
diversified portfolio and reach your goals. 

How easy is it to switch brokerage providers?

Moving your existing account to a new brokerage firm may seem daunting, but
Schwab makes the process easy:

 1. Open a Schwab account.
 2. Use our online account transfer tool to initiate the process and monitor
    progress.
 3. View and access your assets in your Schwab account.

Need help? Our account transfer specialists can assist you every step of the
way.
Call us at 800-435-4000.

Click here to open a Schwab account or log in to begin the transfer process.

Why should I bank with Schwab Bank?

You'll get unlimited ATM fee rebates4 plus no foreign transaction fees5 and have
no account minimums while banking anytime, anywhere with Schwab Mobile6. The
Schwab Bank High Yield Investor Checking®7 account is linked to a Schwab One®
brokerage account so you can easily manage both accounts with a single login. 

There are no monthly account service fees, you'll earn interest on your balance,
and your account is FDIC-insured8 up to $250,000. You'll receive free standard
checks once your account is funded with at least $100, and Schwab Bank Bill Pay™
will be activated and a Visa® Platinum Debit Card will be sent upon account
opening.

Open a Schwab Bank High Yield Investor Checking account or learn more.

4. Unlimited ATM surcharge rebates apply to cash withdrawals using the Schwab
Bank Visa® Platinum Debit Card wherever it is accepted. ATM surcharge rebates do
not apply to any fees other than surcharges assessed for using an ATM to
withdraw cash in local currency from your Schwab Bank account. Schwab Bank makes
its best effort to identify those ATM surcharges eligible for rebate, based on
information it receives from Visa and ATM operators. In the event that you have
not received a rebate for an eligible surcharge, please call a Schwab Bank
Client Service Specialist for assistance at 888-403-9000 (or for clients of
independent investment advisors, a Schwab Alliance Service team Member at
800-515-2157). Schwab Bank reserves the right to modify or discontinue the ATM
surcharge rebate at any time. 

5. If you use your Card to withdraw foreign currency from an ATM, or to pay for
a purchase with foreign currency, Schwab Bank charges your account for the U.S.
dollar equivalent of the transaction. Depending on the specific arrangements
that are in place, the exchange rate will be determined by the bank at which you
conduct the transaction, the network to which the ATM belongs, or Visa. 

6. Requires a wireless signal or mobile connection. Access to Electronic
Services may be limited or unavailable during periods of peak demand, market
volatility, systems upgrade, maintenance, or for other reasons. Functionality
may vary by operating system and/or device. Mobile carrier data charges may
apply.

7. The Schwab Bank High Yield Investor Checking® account is available only as a
linked account with a Schwab One® brokerage account. The Schwab One brokerage
account has no minimum balance requirements, minimum balance charges, minimum
trade requirements, and there is no requirement to fund this account, when
opened with a linked High Yield Investor Checking account. To learn more about
other Schwab Bank checking accounts, please contact Schwab Bank at
888-403-9000. 

8. Funds deposited at Charles Schwab Bank are insured, in aggregate, up to
$250,000 based on account ownership type, by the Federal Deposit Insurance
Corporation (FDIC).
 


HAVE MORE QUESTIONS? WE’RE HERE TO HELP.

 * CALL
   
   800-435-4000
 * CHAT
   
   Get live online assistance 24/7
 * VISIT
   
   Find a branch near you


OTHER SITES FOR ADVISORS, INVESTMENT PROFESSIONALS, AND EMPLOYERS:

 * ADVISORS
   
   Get information about going independent with Schwab Advisor Services™ or
   becoming an independent franchise owner through Schwab Franchise.

 * INVESTMENT PROFESSIONALS
   
   Get information about Schwab Funds® and Schwab ETFs™ from Charles Schwab
   Investment Management, Inc.

 * EMPLOYERS
   
   Get information about Workplace Financial Services.


CHECK THE BACKGROUND OF CHARLES SCHWAB OR ONE OF ITS INVESTMENT PROFESSIONALS
USING FINRA'S BROKERCHECK.


FOOTER LINKS

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Please read the Schwab Intelligent Portfolios Solutions™ disclosure brochures
for important information, pricing, and disclosures related to the Schwab
Intelligent Portfolios and Schwab Intelligent Portfolios Premium programs.

Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios Premium® are
made available through Charles Schwab & Co. Inc. ("Schwab"), a dually registered
investment advisor and broker dealer. Portfolio management services are provided
by Charles Schwab Investment Advisory, Inc. ("CSIA"). Schwab and CSIA are
subsidiaries of The Charles Schwab Corporation. 

There is no advisory fee or commissions charged for Schwab Intelligent
Portfolios. For Schwab Intelligent Portfolios Premium, there is an initial
planning fee of $300 upon enrollment and a $30-per-month advisory fee charged on
a quarterly basis as detailed in the Schwab Intelligent Portfolios Solutions™
disclosure brochures. Investors in Schwab Intelligent Portfolios and Schwab
Intelligent Portfolios Premium (collectively, "Schwab Intelligent Portfolios
Solutions") do pay direct and indirect costs. These include ETF operating
expenses which are the management and other fees the underlying ETFs charge all
shareholders. Schwab does not charge an advisory fee for the SIP Program in part
because of the revenue Schwab Bank generates from the cash allocation (an
indirect cost of the Program). The portfolios include a cash allocation to
FDIC‐insured Deposit Accounts at Charles Schwab Bank, SSB ("Schwab Bank").
Schwab Bank earns income on the deposits, and earns more the larger the cash
allocation. The lower the interest rate Schwab Bank pays on the cash, the lower
the yield. Some cash alternatives outside of Schwab Intelligent Portfolios
Solutions pay a higher yield. Schwab Intelligent Portfolios Solutions invests in
Schwab ETFs. A Schwab affiliate, Charles Schwab Investment Management Inc.,
receives management fees on those ETFs. Schwab Intelligent Portfolios Solutions
also invests in third-party ETFs. Schwab receives compensation from some of
those ETFs for providing shareholder services, and also from market centers
where ETF trade orders are routed for execution. Fees and expenses will lower
performance, and investors should consider all program requirements and costs
before investing. Expenses and their impact on performance, conflicts of
interest, and compensation that Schwab and its affiliates receive are detailed
in the Schwab Intelligent Portfolios Solutions disclosure brochures.

Credit Notice: From Investor's Business Daily, January 30, 2023, ©2023
Investor's Business Daily, Inc. 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.

This advertising, and the franchise sales information within it, is not intended
as an offer to sell, or the solicitation of an offer to buy, a franchise. It is
for informational purposes only. Currently, the following states regulate the
offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland,
Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota,
Virginia, Washington and Wisconsin. If you are a resident of one of these
states, or if you wish to operate a franchise in one of these states, we will
not offer you a franchise unless and until we have complied with any applicable
pre-sale registration and disclosure requirements in that state.

211 Main Street, San Francisco CA 94105

MN Franchise Registration Number: F-6699

Charles Schwab Investment Management, Inc. (CSIM) is the investment advisor for
Schwab Funds and Schwab ETFs. Schwab Funds are distributed by Charles Schwab &
Co., Inc. (Schwab), Member SIPC. Schwab ETFs are distributed by SEI Investments
Distribution Co. (SIDCO). CSIM and Schwab, are separate but affiliated companies
and subsidiaries of The Charles Schwab Corporation, and are not affiliated with
SIDCO.

(0523-3L4W)
Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

The Charles Schwab Corporation provides a full range of brokerage, banking and
financial advisory services through its operating subsidiaries. Its
broker-dealer subsidiary, Charles Schwab & Co., Inc. ("Schwab") (Member SIPC),
is registered by the Securities and Exchange Commission ("SEC") in the United
States of America and offers investment services and products, including Schwab
brokerage accounts, governed by U.S. state law. Schwab is not registered in any
other jurisdiction. Neither Schwab nor the products and services it offers may
be registered in your jurisdiction. Its banking subsidiary, Charles Schwab Bank,
SSB (member FDIC and an Equal Housing Lender), provides deposit and lending
services and products. Access to Electronic Services may be limited or
unavailable during periods of peak demand, market volatility, systems upgrade,
maintenance, or for other reasons.

This site is designed for U.S. residents. Non-U.S. residents are subject to
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