Charles Schwab 2019 Summer Business Update - Call Transcript
Good morning, everyone. Welcome to the Schwab Summer 2019 Business Update. This is Rich Fowler with a slightly cold-ridden voice here coming to you, as always, from beautiful San Francisco. Just to be clear, we're sitting in a windowless conference room, but beautiful San Francisco is somewhere right outside. Thanks for joining us at the end of a very busy week.
With me today are Peter Crawford, our CFO; and Walt Bettinger, our President and CEO. Per our usual practice with interim updates, we'll spend a focused hour with these 2, sharing their perspectives on life at Schwab right now, starting off with some prepared comments and following up with Q&A until it is time to wrap up. Our goal, as always, is to keep you current regarding management's thinking as efficiently as possible.
So regarding questions, as usual, we'll do so by webcast console as well as the dial-in. (Operator Instructions)
Okay. Walt is going to start us off with the strategic picture and then Peter will take a look at our recent financial
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