Rick Wurster

We're still within a percent or two of all-time highs in markets.

I think there's gonna be geopolitical noise from time to time.

If you've read the book, The Art of the Deal, I think it begins with starting big in your requests and then negotiating to something that

that is workable for both parties.

And my guess is that that may be the playbook that's followed here.

But for our clients, we're not seeing an undue amount of concern.

And this is the kind of environment in which we thrive because we're not just an investment app, we're so much more than that.

We took 30 million calls from clients last year and answered them in less than 30 seconds.

We're in many local communities across this country with actual people that are there to help coach our clients and how to navigate periods like this and how to see through the noise and be diversified and stick with it for the long term so that they can build their wealth.

So whatever markets and geopolitics bring, we're going to be ready for it.

And it's going to help us distinguish what we stand for here at Schwab, which is helping our clients grow their wealth.

Well, I think we're very open to that and would certainly participate.

We're already 24 by five today.

We see very little market activity or very little client activity outside of market hours.

It's usually only a couple of a percent.

The vast majority of trading happens within the market hours.

And I think the market hours are a feature, not a bug.

And what I mean by that is by limiting the market hours,

you draw people in at the same time and create a lot of liquidity so that spreads are tight and trading efficiency is very high.

I think the convenience of 24-7 is certainly very appealing, but we need to make sure that those trades are done in a way that makes sense for clients.