MutualFundWire.com: Schwab Joins the Earnings Parade
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Wednesday, January 16, 2013

Schwab Joins the Earnings Parade


It's earnings report season, and Charles Schwab [profile] let everyone know how they did in Q4 2012 today.

According to the report, the San Francisco-based firm brought in $539 million in asset management and administration fees for the quarter, for a total of just over $2 billion for the year. This compares with $458 million for Q4 2011 and $1.9 billion for that year.

The report also highlighted specifically the $8.6 billion in AUM for Schwab ETFs and $2.4 billion in Schwab Managed Portfolios-ETFs.

You can find the full report here


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