Have you noticed a change to your paper statements?
Starting in October, Charles Schwab reduced the frequency of mailed statements in accounts with no activity. Clients receiving mailed, paper statements with no activity will now receive statements quarterly. Activity that will trigger a monthly statement include certain deposits and withdrawals, dividend reinvestments, among others. Trades will generate a trade confirmation, as usual.
Clients with online access through Schwab Alliance will continue to receive e-statements monthly, regardless of activity. If you have questions about Schwab Alliance, please let us know. We can help!