Dear fellow investor,
When I founded our company in 1973, I began with a singular focus: to make investing accessible for everyone. I knew how Wall Street operated, and I wanted to find a better way for individuals to go from being earners to being owners. For more than 45 years, that has been my passion. That passion is now also shared by more than 20,000 people who come to work at Schwab every day with one thing on their mind: you, our client.
Over the years, Schwab has knocked down a lot of the barriers that stood in the way of making investing accessible to all. I am incredibly proud to share that we've removed the final pricing barrier to investing online: Starting today Schwab is eliminating online stock, ETF, and base options commissions for trades placed on a U.S. or Canadian exchange.¹
I've always believed that low costs are a critical part of bringing the benefits of investing to everyone. But costs are only one part of the equation. In addition to offering $0 commissions, we promise to continue delivering the unmatched service, choice, and value you've come to expect from us. And, as always, you have our assurance that your relationship with us is backed by our Satisfaction Guarantee.²
Thank you for entrusting us with your investments and for allowing us to help you make the most of your future.
Sincerely,
Chuck Schwab
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