Charles Schwab Corporation

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The Charles Schwab Corporation is an American multinational financial services company, founded in 1971 and headquartered in San Francisco, California. The company provides a range of services in the financial industry, including discount brokerage, banking, and wealth management services.
The company was founded and is still led by Charles R. Schwab, an American businessman and investor. Schwab started the company under the name of Charles Schwab & Co. Inc., initially as a traditional brokerage firm. In 1974, the company became a pioneer in the discount brokerage industry by offering low-cost, self-directed brokerage services.
Over the years, the company has expanded its services to include banking and wealth management, and has grown into one of the largest financial services firms in the world. As of 2021, the company has over 31 million client brokerage accounts, over $7 trillion in client assets, and employs over 31,000 people.
The company’s mission is to help clients achieve their financial goals through low-cost, transparent, and easy-to-use financial products and services. The company is known for its customer-centric approach, with a focus on providing excellent customer service and innovative solutions to meet the changing needs of its clients.
In addition to its core services, Charles Schwab Corporation is also known for its philanthropy and community involvement. The company regularly supports various charitable organizations and initiatives, with a focus on financial education and empowerment.
The Charles Schwab Corporation is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol SCHW. It is a member of the S&P 500 index and is consistently ranked among the top companies in the financial services industry.

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See Company Q&A