Charles Schwab Foundation commits more than $20 million supporting youth financial education over the next three years

WESTLAKE, Texas--(BUSINESS WIRE)--May 1, 2026-- Charles Schwab today kicked off the second annual National Investing Day, bringing together organizations from the financial industry and nonprofit community to participate in the day dedicated to investor education and empowerment.

National Investing Day is grounded in a simple idea: while millions of Americans participate in the markets, many still lack the confidence or resources to see themselves as investors. Expanding access to credible, early education remains a critical step in closing that gap. Now in its second year, National Investing Day is building momentum as a shared moment to highlight the power of investing and encourages people to dedicate at least one day in the year to explore how they can get invested and stay invested to help build a strong financial future.

Today’s observance includes an event at the New York Stock Exchange (NYSE), where teens from the New York area involved with Boys & Girls Clubs of America and SIFMA Foundation’s Stock Market Game™ will take part in a hands-on learning experience tied to real-world markets. Charles Schwab and students from each organization will ring the closing bell today.

“National Investing Day is about celebrating the power of investing,” said Rick Wurster, president and chief executive officer at Charles Schwab. “When people have access to educational tools and resources that help them learn about investing, they’ll build confidence and are more likely to stay invested over the long term. Young people, in particular, want to invest and need education and guidance. We are proud to engage them in a thoughtful way and provide support to get their education off to a good start.”

New data highlights increasing engagement and the need for financial literacy—particularly among younger investors—reinforcing the importance of early exposure to investing concepts and tools. According to a recent Schwab survey*:

• 70% of teens are very or extremely interested in investing.
• Teens see investing as both a financial and educational opportunity. Top motivations for teens to start investing include:
  • To get more money (45%)
  • Paying for college (34%)
  • Learning how money works (33%)
  • Learning how investments work (33%)
• Among surveyed parents of teens, 73% believe it is very important for teens to learn about investing.
• Parents’ reasons for wanting teens to learn about investing include:
  • Teaching financial responsibility (69%)
  • Giving them a financial head start (65%)
  • Ensuring they learn important financial concepts like growing wealth over time (64%)

This year’s effort is supported by partners including the SIFMA Foundation and Boys & Girls Clubs of America, which work year-round to build young people’s financial knowledge and provide real-world investing experience. Through Schwab’s 20-year partnership with Boys & Girls Clubs of America, tweens and teens nationwide receive high-quality financial education through the Money Matters program.

As part of National Investing Day, Schwab is expanding access to hands-on investing education for young people nationwide through a new multi-million-dollar investment from the Charles Schwab Foundation. This effort brings together the SIFMA Foundation’s investing education expertise and Boys & Girls Clubs of America’s reach and dedication to empowering youth by integrating the Stock Market Game into its Money Matters curriculum. Through these and other leading nonprofits, Charles Schwab Foundation has committed more than $20 million to support youth financial education over the next three years.

“For many young people, investing can feel out of reach, something meant for someone else, much later in life,” said Jim Clark, President and CEO of Boys & Girls Clubs of America. “Hands‑on learning experiences open doors to opportunity by building knowledge, growing real‑world skills, and helping kids see what’s possible for their future. National Investing Day is a powerful reminder of what’s possible when we meet young people where they are and give them the tools to learn, practice, and succeed.”

Inspired by Founder and Co-Chairman, Charles (Chuck) Schwab, National Investing Day coincides with the 50^th anniversary of May 1, 1975, the day the Securities and Exchange Commission eliminated fixed commission rates -- a watershed moment in financial services that came to be known as May Day. As many traditional wire house firms chose to raise commission fees, Chuck Schwab lowered them to help bring the power of investing to more people.

“Helping more people get invested and stay invested so they can become better off in their financial lives is at the heart of everything we do,” said Wurster. “Whether you are just starting out with your first financial plan or you’ve been invested for years, National Investing Day is for the investor in us all.”

Editor’s Note: National Investing Day is a great time to learn and start conversations about saving, investing, and long-term goals. Investing looks different for everyone. Start with one small step today—such as learning about investing, reviewing your plan, or increasing a contribution—and build over time. Here are ways to participate:

New investors or investor education:

• Engage with Schwab’s free financial education content.
• If you are an educator, learn about Invest it Forward, which connects volunteer financial professionals with teachers.
• Talk with friends or family members to learn from each other about investing.
• Create a financial plan.
• Contribute to your 401k plan. Take advantage of your employer’s match if it’s available.
• Once you have a plan, consider making an investment or executing your first trade.

Moderately experienced investors:

• Schedule a check-in with your financial consultant or advisor.
• Commit to learning more about new-to-you strategies.
• Consider how Schwab’s seven investing principles can help guide you throughout market cycles.

Seasoned investors:

• Pay it forward by introducing kids to the principles of investing with age-appropriate resources.
• Remind older parents or family members to regularly check their accounts.
• Create or join a forum or investing club in your community.

Find out more about National Investing Day and how you can participate at: National Investing Day | Charles Schwab

*Schwab Teen Investing Survey - An online survey of 1,000 teens aged 13 to 17 and 1,000 parents of teens aged 13 to 17 conducted October 13-27, 2025.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

Charles Schwab Foundation is a 501(c)(3) nonprofit, private foundation funded by The Charles Schwab Corporation. It is not part of Charles Schwab & Co., Inc. or its parent company, The Charles Schwab Corporation.

The Foundation and The Charles Schwab Corporation and its affiliates are unaffiliated with SIFMA Foundation and Boys & Girls Clubs of America.

Investing involves risk, including loss of principal.

More information is available at www.aboutschwab.com . Follow us on X , Facebook , YouTube and LinkedIn .

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Media Contact:
Addis Aklilu
Charles Schwab
(929) 545-1700
addis.aklilu@schwab.com

Source: The Charles Schwab Corporation