The Charles Schwab Corporation
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Richard Andrew Wurster
- Full Time Employees
- 33,700
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 3000 Schwab Way Westlake TX United States of America 76262
- IPO Date
- Sep 22, 1987
- CIK
- 0000316709
- Website
- aboutschwab.com
- Similar Companies
- Business
- The Charles Schwab Corporation (NYSE: SCHW) provides a full range of brokerage, banking, wealth management, and financial advisory services to individual retail investors, independent registered investment advisors, and institutional clients; its core offerings include commission-free online trading of listed stocks, ETFs, and options, no-load and no-transaction-fee mutual funds through the Mutual Fund OneSource service, retirement plan services encompassing IRAs and 401(k) plans, banking products such as Schwab Bank Investor Checking accounts with unlimited ATM fee rebates worldwide, investment advisory through Schwab Intelligent Portfolios and Premium, managed portfolios via Schwab Wealth Advisory, alternative investments including hedge funds, private equity, private credit, and real estate, annuities, futures, forex, international stocks, margin lending, pledged asset lines, cryptocurrency exposure, and donor-advised funds via DAFgiving360; the company also supports custodial services for advisors, equity compensation plans, and compliance solutions. Founded in 1971 by Charles R. Schwab in San Francisco, California, and headquartered in Westlake, Texas since 2021, The Charles Schwab Corporation operates over 380 branches primarily in the United States and the United Kingdom, with additional offices in Hong Kong and London, serving more than 36.5 million active brokerage accounts, 5.4 million workplace retirement plan participants, and 2.0 million banking accounts holding approximately $10.10 trillion in client assets as of December 31, 2024. In recent developments, the company completed the integration and shutdown of TD Ameritrade following its $26 billion acquisition in 2020, with Toronto-Dominion Bank divesting its remaining stake in early 2025; Rick Wurster succeeded Walt Bettinger as CEO on January 1, 2025; Schwab launched Schwab Alternative Investments Select for eligible retail clients and Schwab Private Issuer Equity Services for late-stage private companies; and in November 2025, it agreed to acquire Forge Global Holdings, a San Francisco-based private market platform, for $660 million to enhance liquidity, transparency, and access to private assets like pre-IPO shares for retail and advisory clients, with CEO Wurster signaling openness to further M&A in 2025.
Company News
Compared to Estimates, Charles Schwab (SCHW) Q3 Earnings: A Look at Key Metrics
The Charles Schwab Corporation (SCHW) Q3 Earnings Beat Estimates
Charles Schwab reports record $7.2bn revenue as quarterly profit rises 23%
Schwab Delivers Record Net New Assets & Earnings
The Charles Schwab Corporation $SCHW Stock Purchased by First Citizens Bank & Trust Co.
Charles Schwab, US Bancorp And 3 Stocks To Watch Heading Into Thursday
How To Earn $500 A Month From Charles Schwab Stock Ahead Of Q3 Earnings
The Charles Schwab Corporation $SCHW Shares Sold by Krilogy Financial LLC
Sax Wealth Advisors LLC Purchases 6,983 Shares of The Charles Schwab Corporation $SCHW
‘Don’t Even Call Them Because It’s Going to Flag Him as Having Dementia’: Dave Ramsey Caller’s 77-Year-Old Father Is Still Day Trading Single Stocks at Schwab
Charles Schwab's Next Earnings Report on Oct. 15 2026 Could Send the Stock Soaring. Here's Why.
Can Robust Trading, Higher NIR Support Schwab's Q3 Earnings?
Charles Schwab Earnings And Long-Term AI Tailwinds
Exploring Analyst Estimates for Charles Schwab (SCHW) Q3 Earnings, Beyond Revenue and EPS
‘You’re Now an Insurance Agent’: Ramsey to 21-Year-Old Whose Firm Bought Him a Series 7
Here's Another Group of Stocks Getting Hammered by Soaring Yields
A Roth Conversion Has to Settle by December 31, but a Roth Contribution Can Wait Until April 15. Fidelity and Schwab Stop Processing Conversions Days Before Year-End, and the IRS Doesn’t Care Why You Missed It
The Charles Schwab Corporation (SCHW) Earnings Expected to Grow: Should You Buy?
SCHW's Planned Forge Trust Sale to Boost Its Private Market Strategy?
Charles Schwab Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts