Charles Schwab

Charles Schwab is a financial services company providing investment advice and brokerage services for individuals and institutions.


Financial and Banking  




MarketCap US

US United States



The Charles Schwab Corporation is an American financial services company that provides a wide range of investment services and products to individual investors, independent investment advisors, and corporate clients. The company was founded in 1971 by Charles R. Schwab and is headquartered in San Francisco, California.

The company's core services include investment and wealth management, banking, and trading. Charles Schwab provides a variety of investment options to its clients, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), options, futures, and more. The company also offers a range of advisory services to help clients manage their wealth, including financial planning, retirement planning, and estate planning.

In addition to its investment and wealth management services, Charles Schwab also provides banking services, including checking and savings accounts, credit cards, and home loans. The company's banking services are designed to integrate seamlessly with its investment and wealth management offerings, providing clients with a comprehensive suite of financial services.

Charles Schwab is also known for its online trading platform, which allows clients to trade stocks, ETFs, options, and other securities from their computer or mobile device. The platform is known for its user-friendly interface and advanced trading tools, making it a popular choice for active traders and investors.

The Charles Schwab Corporation has grown significantly over the years, both organically and through strategic acquisitions. In 2020, the company completed its acquisition of TD Ameritrade, a major online brokerage firm. The merger created one of the largest investment companies in the world, with over $6 trillion in client assets.

In addition to its financial services, Charles Schwab has a strong commitment to corporate social responsibility. The company invests in a variety of initiatives to promote financial literacy, diversity and inclusion, and sustainable business practices. The Charles Schwab Foundation, the company's philanthropic arm, supports a range of charitable causes, including education, entrepreneurship, and community development.


Founded as Charles Schwab & Co. in 1971 by its namesake Charles R. Schwab, the company capitalized on the financial deregulation of the 1970s to pioneer discount brokerage services. Schwab took an early lead in the industry, offering a combination of low prices and fast, efficient order executions, and soon became the nation's largest discount broker. The company has since grown to become a leader in the investment industry, offering a wide range of products and services to its customers.

In 1980, the company went public and began trading on the NASDAQ stock exchange. Throughout the 1980s and 1990s, Charles Schwab Corporation continued to expand its offerings, introducing new products and services such as mutual funds, retirement accounts, and online trading.

In 1997, the company launched its first website, making it one of the first brokerage firms to offer online trading. This move proved to be a major turning point for the company, as online trading quickly became the preferred method of trading for many individual investors.

Over the years, Charles Schwab Corporation has also grown through strategic acquisitions. In 2000, the company acquired U.S. Trust Corporation, a wealth management firm. In 2011, the company acquired OptionsXpress, an online brokerage firm specializing in options trading.

In 2020, Charles Schwab Corporation completed its acquisition of TD Ameritrade, a major online brokerage firm. The merger created one of the largest investment companies in the world, with over $6 trillion in client assets.

Today, Charles Schwab Corporation continues to be a leader in the financial services industry, offering a wide range of investment and wealth management services to clients around the world. The company remains committed to its founding vision of making investing accessible and affordable for individual investors.


The mission of Charles Schwab is to champion every client's goals with passion and integrity, empowering them to take ownership of their financial future at every income level and life stage. This purpose drives the company to help its clients take ownership of their financial futures and free them from the high costs and conflicts of traditional brokerage firms.


Charles Schwab's vision is to challenge the status quo in financial services and fix the complexity of the industry

Key Team

Joseph R. Martinetto (Executives)

Nigel J. Murtagh (Executives)

Paula Sneed (Board Member)

Alan Koporc (Managing Director, Chief of Staff of Client Experience Technology)

Bankim Tejani (Chief Security Architect, Distinguished Engineer)

Bernard Clark (Executives)

Brandon Loveridge (Managing Director and CFO)

Brian Levitt (Board Member)

Charles Malan (Technical Director - Enterprise Architecture Office of The CTO at Charles Schwab)

Recognition and Awards
Charles Schwab has received awards such as National Business Awards, Investor's Business Daily 2022 Best Online Brokers - 10 year winner, J.D. Power 2019–2021 U.S. Direct Retail Banking Satisfaction Studies of customers' satisfaction, Top Rated Compensation from Comparably, and IMPACT Awards® program recognition for excellence in the business of independent financial advice.

Products and Services

Charles Schwab Corporation offers a range of products and services to individual investors, institutions, and advisors. Some of the company's key offerings include:

1. Trading and Investing: Charles Schwab Corporation provides clients with a wide range of investment options, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), options, futures, and more. The company also offers online trading platforms, mobile apps, and other tools to help investors make informed investment decisions.

2. Retirement Planning: Charles Schwab Corporation offers a range of retirement planning solutions, including Individual Retirement Accounts (IRAs), Roth IRAs, 401(k) plans, and other retirement savings plans. The company also provides retirement planning tools and resources to help clients plan for their retirement.

3. Wealth Management: Charles Schwab Corporation offers wealth management services to high-net-worth individuals and families. The company's services include financial planning, investment management, and estate planning.

4. Banking: Charles Schwab Corporation provides a range of banking services, including checking and savings accounts, debit and credit cards, and home loans. The company also offers cash management solutions, such as high-yield savings accounts and money market funds.

5. Advisory Services: Charles Schwab Corporation offers advisory services to clients through its network of independent advisors. These advisors provide customized investment advice and portfolio management services to individual investors and institutions.

In addition to these core offerings, Charles Schwab Corporation also provides a range of educational resources and tools to help clients become more informed investors. The company's Schwab Learning Center provides articles, videos, and other resources on topics such as investing, retirement planning, and financial planning. The company also offers workshops, seminars, and webinars to help clients learn more about investing and financial planning.

Charles Schwab
Leadership team

Walter Bettinger II (Board Member)

Arun Sarin (Executives)


Financial and Banking

Products/ Services
Banking, commercial banking, investing and related services including consulting, and wealth management advisory services to both retail and institutional clients.
Number of Employees
20,000 - 50,000
Westlake, Texas
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001303982
Net Income
1B - 20B
Above - 1B
Traded as
Social Media

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