Charles Schwab Named Best Investing Platform Overall by U.S. News

Schwab also recognized as Best Investing Platform for stock, options and forex trading

Charles Schwab has been recognized as the Best Investing Platform Overall by U.S. News & World Report in their 2024 U.S. News Money Awards – the second year in a row Schwab has received the best ranking overall from U.S. News. Schwab was also awarded Best Investing Platform for Stock Trading, Best Investing Platform for Options Trading, and Best Investing Platform for Forex Trading. Companies were selected for the list by the U.S. News editorial team on the basis of five categories: fees, product and account offerings, usability, research and tools, and customer support.

“We are honored to be named by U.S. News, a well-recognized and respected publication, as the best investing platform overall for the second year in row,” said Jonathan Craig, Managing Director, Head of Investor Services, at Charles Schwab. “This recognition reinforces what we offer investors, including breadth and depth of products and services, wealth management, trading platforms that meet the needs of a range of investors from those getting started to more sophisticated traders, low costs and value, and a focus on delivering a high standard of client service.”

As Schwab completes its integration of Ameritrade this year, the combined firm with more than $4 trillion in Investor Services client assets and 25 million retail brokerage accounts as of February 29, 2024, offers a powerful suite of products, services, and capabilities for a range of investors, including:

• Schwab Trading Powered by Ameritrade™, a full ecosystem of trading support with robust platforms including thinkorswim®, Schwab.com, and Schwab Mobile; educational content for a range of investors and traders; and support from professional trading specialists.

• Services designed to make investing easier and more accessible including Schwab Stock Slices^®, Schwab Investing Themes™, and Schwab Starter Kit^®.

• A range of advice and wealth management solutions from automated investing to dedicated advice, with approximately $580 billion receiving ongoing advisory services in Schwab Investor Services through the end of 2023 and 100,000+ financial plans provided on an annual basis.

• Industry-leading client service that enables clients to engage with an investment professional anytime by phone or chat 24/7, in addition to support from a range of specialists, as well as the Schwab Satisfaction Guarantee, which states that, if for any reason a client is not completely satisfied, Schwab will refund any eligible fees or commission*.

• A network of 400+ branches and teams of financial consultants across the country to support investors and traders in their communities.

The 2024 U.S. News Money Awards press release can be viewed here.

U.S. News & World Report’s Best Investing Platforms award was given on April 8, 2024, and is for 2024-2025. The criteria, evaluation, and ranking were determined by U.S News & World Report. See methodology for more information. Schwab paid a licensing fee to U.S News & World Report for use of the award and logos.

U.S. News Best Investing Platforms Methodology

Over 1,800 points of data were collected for 36 investing platforms under five factors: fees, product and account offerings, usability, research and tools, and customer support. For certain categories, additional data points were collected; for instance, robo advisors were evaluated for factors such as access to human advisors and tax strategy availability, and cryptocurrency trading platforms were graded based on number of coins available and transferability to external wallets.

The U.S. News team collected this data in January and February 2024 by reviewing each investing platform’s website. Then, the U.S. News editorial and data teams evaluated the data and developed a scoring system that would serve as the basis for the star ratings found on each investing platform’s respective review.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn.

Disclosures:

*Schwab Satisfaction Guarantee: If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. ("Schwab"), Charles Schwab Bank, SSB ("Schwab Bank"), or another Schwab affiliate, as applicable, will refund any eligible fee related to your concern. Refund requests must be received within 90 days of the date the fee was charged. Two kinds of "Fees" are eligible for this guarantee: (1) "Program Fees" for the Schwab Wealth Advisory ("SWA"), Schwab Managed Portfolios™ ("SMP"), Schwab Intelligent Portfolios Premium^® ("SIP Premium"), and Managed Account Connection^® ("Connection") investment advisory services sponsored by Schwab (together, the "Participating Services"); and (2) commissions and fees listed in the Charles Schwab Pricing Guide for Individual Investors or the Charles Schwab Bank Pricing Guide.

For more information about Program Fees, please see the disclosure brochure for the Participating Service, made available at enrollment or any time at your request. The Connection service includes only accounts managed by Charles Schwab Investment Management, Inc., an affiliate of Schwab. The guarantee does not cover Program Fees for accounts managed by investment advisors who are not affiliated with Schwab or managed by Schwab-affiliated advisors outside of the SWA, SMP, SIP Premium, and Connection services.

The guarantee is only available to current clients. Refunds will only be applied to the account charged and will be credited within approximately four weeks of a valid request. No other charges or expenses, and no market losses will be refunded. Other restrictions may apply. Schwab reserves the right to change or terminate the guarantee at any time.

Charles Schwab & Co., Inc. ("Schwab") and TD Ameritrade, Inc.(“Ameritrade”), members SIPC, are separate but affiliated subsidiaries of The Charles Schwab Corporation.

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