Charles Schwab Expands Mobile Offering for Advisors with New App for the iPad®

SAN FRANCISCO--(BUSINESS WIRE)--Extending its suite of mobile capabilities for advisors, Charles Schwab today announced that the new Schwab Advisor Center app for the iPad is available for download. Advisors will now be able to access key client data such as balances, positions, and transactions from their iPads. The new app is customized for the tablet format including large charts that offer insights into daily account movements and scrolling quotes that help advisors track the movements of the indices, stocks, and funds that are most important to them.

“Advisors have told us they’re using iPads to access key client information and custodian websites while away from their desks”

“Advisors have told us they’re using iPads to access key client information and custodian websites while away from their desks,” said Neesha Hathi, senior vice president of technology for Schwab Advisor Services. “It’s also becoming common for advisors to load reports and presentations on their iPads so they can use them in client meetings. We hope our new Schwab Advisor Center app for the iPad will help advisors become even more productive, and also assist them in delivering an enhanced client experience.”

Advisors can further customize the app by adding stock and mutual fund quotes to the ticker at the bottom of the screen. The new position charts give advisors a snapshot view of how an account’s equity or mutual fund’s positions are performing over the course of a day. They also show a graphical representation of both recent changes in the price of all positions in an account and relative size of the position. Pop-up details for account balances and history allow advisors to access the data they need all in one view.

Earlier this year, Schwab announced the launch of the advisor app for iPhone, which currently has nearly 4,000 downloads. The app allows advisors to view their clients’ account balances, positions and transactions, and they can easily tap into the real-time data they need from Schwab Advisor Center without having to be tied to their desks. The mobile apps are part of a broader effort to deliver Schwab Advisor Center data where and how advisors need it. Additionally, advisors’ clients who want on the go access to their accounts can use Schwab’s mobile apps for iPhone, iPad and Android, as well as Schwab’s mobile website to keep up with their accounts and to access features like Schwab Mobile Deposit.

“Our mobile offering is one of the backbones for enhancing how advisors and their clients interact with us and with each other,” Hathi added. “This will be a key and ongoing area of investment for us in 2013.”

To find out more about the new Schwab Advisor Center app for iPad, watch the What’s New video. You can also visit Schwab Advisor Center mobile and read our latest article on the app for more details.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 300 offices and 8.7 million active brokerage accounts, 1.5 million corporate retirement plan participants, 844,000 banking accounts, and $1.89 trillion in client assets as of September 30, 2012. 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, 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; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Advisor Services division. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides trust and custody services, and banking services and products. More information is available at www.schwab.com and www.aboutschwab.com. Investment products offered by Charles Schwab & Co., Inc. are not insured by the FDIC, are not deposits or obligations of Charles Schwab Bank. (1112-7138)

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Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. iTunes, iPad and iPhone are trademarks of Apple Inc.

Android is a trademark of Google Inc. Use of this trademark is subject to Google Permissions.

Schwab Mobile Deposit service is subject to certain eligibility requirements, limitations, and other conditions. Enrollment is not guaranteed and standard hold policies apply.

Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc. registered in the U.S. and other countries.

Usage information based on internal data.

Mobile deposit is subject to limitations and other conditions. Standard hold policies apply. Schwab Mobile Deposit service is subject to certain eligibility requirements, limitations, and other conditions. Enrollment is not guaranteed and standard hold policies apply.

System availability and response times are subject to market conditions and mobile connection limitations. Trades received outside normal market hours will be entered the next business day.

Charles Schwab & Co., Inc. and Charles Schwab Bank are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products and services are offered by Charles Schwab & Co., Inc., member SIPC. Deposit and other lending products and services are offered by Schwab Bank, member FDIC and an Equal Housing Lender.