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TheStreet Open House

E*TRADE Financial Management Discusses Q2 2012 Results - Earnings Call Transcript

E*TRADE Financial (ETFC)

Q2 2012 Earnings Call

July 19, 2012 5:00 pm ET

Executives

Steven J. Freiberg - Chief Executive Officer and Director

Matthew J. Audette - Chief Financial Officer, Executive Vice President and Controller

Analysts

Christopher J. Allen - Evercore Partners Inc., Research Division

Brian Bedell - ISI Group Inc., Research Division

Richard H. Repetto - Sandler O'Neill + Partners, L.P., Research Division

Patrick J. O'Shaughnessy - Raymond James & Associates, Inc., Research Division

Howard Chen - Crédit Suisse AG, Research Division

Keith Murray - Nomura Securities Co. Ltd., Research Division

Alexander Blostein - Goldman Sachs Group Inc., Research Division

Joel Jeffrey - Keefe, Bruyette, & Woods, Inc., Research Division

Michael Carrier - Deutsche Bank AG, Research Division

David J. Chiaverini - BMO Capital Markets U.S.

Faye Elliott-Gurney - BGB Securities, Inc., Research Division

Matthew Fischer - Credit Agricole Securities (USA) Inc., Research Division

Christopher Harris - Wells Fargo Securities, LLC, Research Division

Presentation

Operator

Good afternoon, and thank you for joining us for E*TRADE Financial's Second Quarter 2012 Earnings Conference Call. Joining the call today are Steven Freiberg, E*TRADE's Chief Executive Officer; Matt Audette, Chief Financial Officer, and other members of E*TRADE's management team.

Before turning the call over to Steve, I'd like to remind everyone that during this conference call, the Company will be sharing with you certain projections or other forward-looking statements regarding future events or its future performance. E*TRADE Financial cautions you that certain factors, including risks and uncertainties referred to in the 10-Ks and 10-Qs and other document E*TRADE files with the Securities and Exchange Commission, could cause the Company's actual results to differ materially from those indicated by its projections or forward-looking statements.

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