Schwab Performance Technologies(R) Forms New Relationship With CRM Software

SAN FRANCISCO, June 19 /PRNewswire-FirstCall/ -- Schwab Performance Technologies(R) (SPT) today announced a new relationship with CRM Software, a leader in customer relationship solutions for financial advisors, that will include a transition of existing PortfolioCenter Relationship Manager(R) clients to CRM Software's Junxure(TM). SPT will continue to provide technical support to advisors throughout the transition period, which will be completed on June 30, 2008.

"This change will provide advisors with a great solution in Junxure, while allowing SPT to invest more time and resources in our leading portfolio management solution, PortfolioCenter(R)," said Dan Skiles, vice president of technology for Schwab Institutional. "CRM Software has an outstanding reputation for service and innovation, and we are confident that advisors will benefit from this upgrade to Junxure."

Junxure has a very similar interface to PortfolioCenter Relationship Manager, but with additional features like an actions dashboard that shows a high level view of all pending actions, a global email wizard that makes it easier to send rich-text emails to a group of clients, and user rights and rules that allow advisors to limit user access to certain areas of the program. Junxure clients also have access to online videos, training classes, and an online support forum. CRM Software has a track record of continuous product improvements and will soon be releasing Junxure 7 with even more added features.

"Junxure was designed by advisors for advisors, and CRM Software has been helping improve advisor efficiency and client service for more than a decade," said CRM Software Vice President Greg Friedman. "We are very excited about our new relationship with Schwab Performance Technologies and will work diligently to ensure a seamless transition for all advisors moving to Junxure."

Every advisor's transition to Junxure will be managed by a CRM Software data conversion specialist and scheduled at the advisor's convenience. There will also be a transition site available for advisors to reference at http://www.schwabpt.com/rmtransition.

About CRM Software

CRM Software is a leader in providing office management solutions for financial advisors. CRM Software's solutions have been developed and designed by successful financial planning professionals and include Junxure(TM), a client relationship management application, and ClientView(TM) for creating private client web pages. More information is available at http://www.gowithcrm.com/.

About Schwab Performance Technologies

Founded in 1985, Schwab Performance Technologies is a subsidiary of The Charles Schwab Corporation and a leading provider of portfolio management and accounting solutions to more than 3,000 independent financial advisors and investment managers. Schwab Performance Technologies develops powerful portfolio management solutions to help advisors manage their practice and service their clients. PortfolioCenter(R) is a product of SPT. More information is available at http://www.schwabpt.com/.

About Schwab Institutional

Schwab Institutional is a leading provider of custodial, operational and trading support for independent fee-based investment advisors. This year marks Schwab Institutional's 20th anniversary serving the independent investment advisor industry. Since 1987, Schwab Institutional has supported independent investment advisors by offering support and services to help grow their businesses and help their clients reach their financial goals. As of March 31, 2007, client assets custodied with Schwab Institutional stood at $524.5 billion. These assets, managed by the approximately 5,000 independent advisor firms Schwab Institutional currently serves, represent approximately 40 percent of total client assets custodied with The Charles Schwab Corporation. Brokerage products offered by Schwab Institutional are not FDIC insured, are not guaranteed deposits, and are subject to investment risk, including the possible loss of principle invested. Schwab Institutional is a division of Charles Schwab & Co., Inc.

About Charles Schwab

The Charles Schwab Corporation (NASDAQ: SCHW) is a leading provider of financial services, with more than 300 offices and 6.9 million client brokerage accounts, 1,128,000 corporate retirement plan participants, 165,000 banking accounts, and $1.4 trillion in client assets. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org/), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Schwab Institutional division. The Charles Schwab Bank, N.A. (member FDIC) provides banking and mortgage services and products. More information is available at http://www.schwab.com/. (0607-0858)

CRM Software is not affiliated with or employed by Charles Schwab & Co., Inc.