Carol Massar

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Schwab shares, I'm just taking a look at them, shares of the Charles Schwab Corporation.

They're up about 1% in today's session.

Stock is trading higher after the company reported earnings earlier today, this morning.

It did report a surge in average daily trading volume in the fourth quarter, and that's happening as retail investors really sought to take advantage at the end of a strong year of the stock market.

We did see some big moves there.

Hey, to talk about the quarter and the outlook, great for Tim and I to be back with Rick Worster.

He's president and CEO of the Charles Schwab Corporation.

He joins us from their headquarters in Westlake, Texas.

Rick, great to have you back with us.

How are you?

Well, we are so glad to have you back with us.

It feels like 2026 is off and running.

I'm just curious though, I want to talk about the last quarter and you guys did note about clients conducting a lot more of their financial lives at Schwab, doing different things, wealth management, trading and banking.

So talk to us a little bit more about how the quarter wrapped up and where you saw them engaging more.

And you thought we were going to warm you up.

We weren't.