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Schwab CEO: Younger Investors Embrace Banking, Long-Term Focus

12/12/2025

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Summary

Story summary

In a WSJ interview, Charles Schwab CEO Rick Wurster says younger investors will increasingly use Schwab's banking services.
He emphasizes Schwab's commitment to long-term investing over fast-paced trading.
Since his January appointment, Wurster has reported increased profits driven by growing confidence among individual investors in trading stocks, bonds, options, and exchange-traded funds.

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Story summary

In a WSJ interview, Charles Schwab CEO Rick Wurster says younger investors will increasingly use Schwab's banking services.
He emphasizes Schwab's commitment to long-term investing over fast-paced trading.
Since his January appointment, Wurster has reported increased profits driven by growing confidence among individual investors in trading stocks, bonds, options, and exchange-traded funds.