Begin the first wave of client conversions for the broker-dealer integration
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 18 Jan 2023
- Due
- 28 Feb 2023
- Delivered
- February 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“the first wave of client conversions scheduled to begin next month.”
What we found
Evidence strength A What the grades mean
The company confirmed in its SEC filings that it completed the first client transition group in February 2023, meeting the commitment to begin conversions by the end of that month.
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A Schwab Charles Corp. 10-Q filed 2023-05-08
“Integration work continued during the first three months of 2023, including the completion of the first client transition group in February 2023.” ✓ confirmed on the page
Market reaction: the shares moved -3.5% against the S&P 500 over the three sessions around the disclosure (5 May 2023 to 10 May 2023). What this measures
Checked 4 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Project other
- Indicative materiality
- Low rules
- Action
- Begin
- Deliverable
- broker-dealer integration client conversions
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2023-SCHW-004581 · Corrections policy