Charles and Chuck: The evolution of trading

Posted by Joan Cusick
Jul 23 2012
 

Charles KenmoreThink back – if you can – to the 1970s. Before the Internet. Before e-mail. Before texting. That's when Charles Kenmore (the executive) and Charles Schwab (the business) got started.

 

“When I joined the telecom industry, an adage was shared with me, and I think it's still applicable today: If you've got two phones, that's a limited advantage. But if you have a million people connected, that is more than a million times more valuable than having two people connected,” Kenmore said in an interview... (Read More)

Tags: investing | clients

What 401(k) Participant Fee Disclosure Could Mean for You

Posted by Mike Peterson
Jul 12 2012
 

If you’re like many working Americans, there’s a good chance you participate in your company’s 401(k) plan. But you may not know that your plan has fees. Even if you do, you might not be sure exactly what those fees are. That’s about to change. Thanks to new government regulations, everyone eligible to participate in a 401(k) plan in which they can direct their investments will be receiving a statement disclosing the fees associated with their plan.

Dave Gray, head of Schwab Retirement Plan Services’ client experience team, explains what’s coming, and how to use the fee disclosure to make more informed decisions about saving for your retirement. Watch the short video...

Tags: 401k | retirement

What Makes Your Mobile Lifestyle Easier?

Posted by Joan Cusick
Jul 09 2012
 

Mobile bankingAndrew Szymke is a young man on the go.

 

His first smart move was to receive an electrical engineering degree from Clemson University. Then he flirted with patent law in Washington D.C., before returning to the Atlanta suburbs. Now, he’s followed in his father’s footsteps as a regional sales manager for a medical device company “I’ve known my whole life.”

 

Just don’t ask me to explain what he does. Better let Andrew describe that...

Tags: clients | banking | mobile

Military vet and ‘adrenaline junkie’ finds good fit at Schwab

Posted by Joan Cusick
Jul 03 2012
 

Shane MagnussenWhen Military Times EDGE recently named Charles Schwab a “Best for Vets” employer, my first thought was: That magazine must have talked to Shane Magnussen.

 

I met the former Army Ranger and current Schwab employee when I paid my first visit to our “mile-high” Denver-area offices. Shane is a trained client service representative who answers calls to our toll-free phone line. It's just that his path to Schwab was a little different than most.

Tags: employees