1. SOURCE : Schwab Advisor Services, Strategic Business Development – March 31, 2013 (0513-3279) Key: Number of Transactions Total AUM Acquired (millions) ---- Representing Q1 2013 $886$1,620$1,308$1,685$895$798 Average Deal Size (millions) $1,307 10 30 20 50 40 70 60 Industry-wide M&A Transactions as of March 31, 2013 $447 1

2. Quarterly Industry-wide M&A Transactions January 1, 2011 – March 31, 2013 Key: Number of Transactions Total AUM Acquired (millions) 2 6 4 10 8 16 12 14 $1,409$1,531$613$1,647$447 Average Deal Size (millions) 2 SOURCE : Schwab Advisor Services, Strategic Business Development – March 31, 2013 (0513-3279)

3. Percentage of M&A Transactions by Buyer Type as of March 31, 2013 Strategic Acquiring Firm 3 SOURCE : Schwab Advisor Services, Strategic Business Development – March 31, 2013 (0513-3279)