Charles Schwab Corp (NYSE:SCHW)
$ 74.84 0.13 (0.17%) Market Cap: 137.00 Bil Enterprise Value: 166.97 Bil PE Ratio: 29.23 PB Ratio: 3.60 GF Score: 80/100

Charles Schwab Corp to Acquire Assets of USAA's Investment Management Company Conference Call Transcript

Jul 26, 2019 / 02:00PM GMT
Release Date Price: $44.05 (-0.05%)
Richard G. Fowler
The Charles Schwab Corporation - SVP of IR

All right. We are live. Good morning, everyone. This is Rich Fowler, Head of Investor Relations for Charles Schwab. Joining me today are Walt Bettinger, our President and CEO, who's out of the office traveling but joining us via phone to participate in the opening of this call; as well as Peter Crawford, our CFO; and our Senior Executive Vice Presidents, Joe Martinetto and Jonathan Craig, who are all here with me in San Francisco. So thank you all for coming together on such short notice. We're here today to discuss an exciting transaction in financial services involving Schwab and USAA. Walt and Peter will start us off with some prepared remarks, and then Joe and Jonathan will join in for Q&A before we wrap up.

First, though, we need to spend a moment on the inevitable wall of words, the purpose of which, as always, is to remind us that the expectations inevitably evolve over time, therefore, making it important to keep current with our disclosures.

And with that, I'd like to invite Walt to start us off with his thoughts

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