Charles Schwab Named Best Investing Platform Overall by U.S. News
08 April 2024 - 10:00PM
Business Wire
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.
0424-VDWW
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version on businesswire.com: https://www.businesswire.com/news/home/20240408124208/en/
Meredith Richard Charles Schwab 646-343-7419
Meredith.Richard@schwab.com
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