SAN FRANCISCO, Aug. 14 /PRNewswire-FirstCall/ -- The Charles Schwab
Corporation released its Monthly Market Activity Report today. Company
highlights for the month of July 2007 include:
-- Net new assets brought to the company by new and existing clients in
July 2007 totaled $12.8 billion.
-- Total client assets were $1.371 trillion as of month-end July, up 21%
from July 2006 and down 1% from June 2007.
-- Client daily average trades were 300.1 thousand in July 2007, up 21%
from July 2006 and up 19% from June 2007.
About Charles Schwab
The Charles Schwab Corporation (Nasdaq: SCHW) is a leading provider of
financial services, with more than 300 offices and 6.9 million client
brokerage accounts, 1,169,000 corporate retirement plan participants,
187,000 banking accounts, and $1.4 trillion in client assets. Through its
operating subsidiaries, the company provides a full range of securities
brokerage, banking, money management and financial advisory services to
individual investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and products
including an extensive selection of mutual funds; financial planning and
investment advice; retirement plan and equity compensation plan services;
referrals to independent fee-based investment advisors; and custodial,
operational and trading support for independent, fee-based investment
advisors through its Schwab Institutional division. The Charles Schwab
Bank, N.A. (member FDIC) provides banking and mortgage services and
products. CyberTrader(R), Inc. (member SIPC, http://www.sipc.org) is an
electronic trading technology and brokerage firm providing services to
highly active, online traders. More information is available at
http://www.schwab.com.
SOURCE Charles Schwab
 back to top
Related links:
http://www.schwab.com
CONTACT:
media, Greg Gable, +1-415-636-5847, or
investors and analysts, Rich Fowler, +1-415-636-9869, both of
Charles Schwab
|
