“And as Walt mentioned earlier, we are on track to achieve $1.8 billion to $2 billion in run rate expense synergies by the end of 2024.”

In context

“n-win monetization and client segmentation. We are continuing to advance these initiatives within our strategic focus areas. And as I mentioned, these are paying off with tangible wins in the first quarter of this year. Let me start with scale and efficiency. Integration remains our top priority. We successfully completed our first client transition group in February, bringing over around 500,000 client accounts, including a small number of advisors. Service teams achieved an average speed to answer of just 6 seconds during the conversion, a good indication of how seamlessly the transition went after years of preparation. We remain on track to bring over 13 million clients this year, representing 97% of Ameritrade clients, with the remaining 3% our most active traders coming over in 2024. And as Walt mentioned earlier, we are on track to achieve $1.8 billion to $2 billion in run rate expense synergies by the end of 2024. Most important is the client benefit we see. In retail, clients will benefit from the combination of our modern wealth management platform, alongside the leading trading and education platform in the industry. For advisors, we will add iRebal and thinkpipes, 2 capabilities advisors love to an offer that as it stands as no trade-offs. Turning now to win-win monetization. One of our priorities is growing our wealth business. Wealth is an area in which we delight clients, as the Client Promoter Scores of wealth clients are typically the highest at Schwab. Our clients are increasingly asking for help and advice, providing us with a growth opportunity, and wealth offers a diversifying source of economics to us as a business. We've been investing heavily to deliver for clients and accelerate ou”