Schwab Announces Stock Plan Unit

September 21, 2010 ( – Charles Schwab plans to launch an Equity Award Consultation Team for corporate stock plan clients.

A news release said the team will provide personalized education and guidance for U.S.-based participants in the corporate equity plans serviced by Schwab, regardless of a participant’s level at their company or the value of their equity holdings.

The unit, scheduled for a first-quarter 2011 launch, will be made up of professionals with specific training on providing equity award guidance, Schwab said. Guidance the team will provide to plan participants includes:

  • Holding 1-1 personalized consultations with plan participants regarding stock options, restricted stock awards, restricted stock units, and performance awards;
  • Educating employees about their current equity award holdings and how award milestones, such as lapsing, vesting, and expiration, can affect these holdings;
  • Explaining choices available for managing those holdings within the context of the employee’s overall investment portfolio.

“Our new Equity Award Consultation Team is designed to help all participants in the plans we serve better understand, appreciate, and utilize their equity awards,” said Trish Cox, senior vice president of Charles Schwab Corporate Brokerage Services, in the announcement.

More information is at