Changes to Schwab’s Statement Schedule
This August, Schwab will implement a new statement schedule which will change the frequency of statement delivery. Starting with July 2016 statements (which would be received in early August), Schwab will only send monthly statements for accounts with “qualifying activity” in that month; accounts that do not have qualifying activity will receive statements on a quarterly basis. Schwab defines qualifying activity as transactions including deposits, withdrawals, trades settling within the statement month, and stock dividend distributions and re-investments. This change applies to both paper and electronic statements. You will receive a notice similar to the picture below in your May and June account statements informing you of this policy change.
Yeske Buie will continue to post monthly reports to your Client Private Page® where you can access your account balances and performance information. If you have any questions about your Client Private Page, please feel free to contact Victoria Harrell and she will assist you promptly. Additionally, if you would like to continue to receive monthly Schwab statements for accounts without qualifying activity, please contact Dorothy@YeBu.com and she will contact our service team to make the request.