Schwab Stock Plan Services has rolled out new tools to help employees manage the company-stock component of their savings strategy.
The Stock Plan Services unit serves 124 corporate clients and 235,000 participants that hold about $30 billion in their employers’ stock. Incentive stock options, performance stock options and employee stock purchase plans are available through the platform. Employee Stock Ownership Plans are managed through Schwab’s Retirement Plan Services unit.
Now, participants can manage their stock options through an enhanced mobile application on their phone which will provide stock vesting details, track shares purchases and exercised or unexercised shares.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
