Schwab (SCHW) completes the acquisition of assets of USAA's Investment Management Company.

Giverny Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. You should check out Giverny Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash. There weren’t a lot of funds who could deliver these kinds […]

Pandemics aren't exactly the steady environments investors look for, so it's not surprising that Charles Schwab's (NYSE: SCHW) stock has hardly recovered its early-coronavirus losses. One analyst team sees continued pain in the company's future.The RatingBank of America's Michael Carrier downgraded Charles Schwab to a Neutral rating and cut the price target from $40 to $35.The ThesisThe analysts expect high unemployment to weaken Charles Schwab's growth."Despite SCHW being a high quality company with attractive organic growth and AMTD deal synergies ahead, we expect rate headwinds, moderating net new assets (NNA) growth, and deal/integration/competitive risks to be an offset and limit earnings growth and the multiple over the coming year," Carrier wrote in a note.They anticipate the Fed maintaining interest rates at zero and the 10-year Treasury rates lingering below 1% for the foreseeable future. Even in the absence of other rate-pressuring policies, the current environment presents 5% downside risk to Bank of America's 2021 forecasts."Schwab generates roughly 65% of its revenues from interest income and money market fees, both of which are rate sensitive," the analysts wrote. "While we previously lowered our estimates for the impact from the Fed moving to zero, lower rates along the curve could have an ongoing impact and lower the growth outlook further."Still, they remain generally positive on Charles Schwab long-term given the firm's second-quarter activity strength and first-quarter records in accounts, trading and new net assets metrics."We expect Schwab to continue to put up industry leading growth and should gain further scale with the pending AMTD deal, though we expect some moderation ahead," Carrier and Murukutla wrote.SCHW Price ActionAt the time of publication, shares traded down marginally around $33.22.Related Links:Big Banks: Playing A Rebound Within The Financial SectorCharles Schwab Launches Fractional Shares, The Ability To Gift StockLatest Ratings for SCHW DateFirmActionFromTo May 2020B of A SecuritiesDowngradesBuyNeutral May 2020Compass PointDowngradesBuyNeutral May 2020Deutsche BankMaintainsHold View More Analyst Ratings for SCHW View the Latest Analyst RatingsSee more from Benzinga * Improvement In US Weekly Jobless Number Weaker Than Expected, Continuing Claims Top 25M * Southwest, United Start To See Signs Of Relief For Airline Industry * Who Could Win, Lose As US Homebuilding Starts Decline: Home Depot 'Performing Well' During Coronavirus Crisis(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

A volatile stock market, stay-at-home restrictions, and some spare time have added up to a trading boom for online brokers. Retail investors, encouraged by commission-free equity trading, are closely monitoring everything that affects their portfolios. The markets swing from all-time highs to bear territory, then back again following aggressive activity by the Federal Reserve, then down again when the Fed indicates it's pulling back.

The discount brokerage says more than 1,000 RIA firms now use a portfolio management tool it rolled out early last year.

Schwab Advisor Services™ announced Schwab Advisor Portfolio Connect, its simplified, scalable portfolio management tool, has surpassed 1,000 users.

Firm releases 1st-quarter portfolio Continue reading...

Robinhood is proving it still has some arrows left in its quiver. The new post-money valuation of $8.3bn is a slight gain on the $7.6bn the business was valued at less than a year ago. For this, Robinhood may have America’s legion of frustrated sports punters to thank.

Hayden Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The fund posted a return of 4.10% for the quarter, outperforming their benchmark, the S&P 500 Index which returned -20.00% in the same quarter. You should check out Hayden Capital’s top 5 stock picks which helped them beat […]

Charles Schwab and TD Ameritrade have similar features and product offerings for investors and traders at all levels.

A $100 bet will make more sense when the bulk of the amount is invested and no charges are paid from it.

Former US vice president's firm releases 1st-quarter portfolio Continue reading...

The Charles Schwab Corporation announced that it has completed its acquisition of the assets of USAA’s Investment Management Company.

Schwab Declares Preferred Stock Dividend

The Charles Schwab Corporation released its Monthly Activity Report for the month of April 2020.

Fiduciary Management, Inc recently released its Q1 2020 Investor Letter, a copy of which you can download below. The FMI Large Cap Fund posted a return of -23.0% for the quarter, underperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. You should check out Fiduciary Management’s top 5 stock picks […]

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

Goldman Sachs’ entry into the RIA custody market might lessen antitrust concerns surrounding Charles Schwab’s planned acquisition of TD Ameritrade.

Charles Schwab and Fidelity Investments are two of the top brokers for U.S. traders and investors. Which is right for you?

Charles Schwab (SCHW) records impressive growth in net new assets and total client assets for April 2020 on a year-over-year basis.