UPDATE 1-Charles Schwab Q1 profit down 7 pct on higher costs, fewer trades
April 15, 2015 at 11:58 AM EDT
NEW YORK, April 15 (Reuters) - Charles Schwab Corp said on Wednesday that its first-quarter net income fell 7 percent to $302 million on slower client trading activity and higher spending focused in part on the discount brokerage's new robo-adviser offering.
