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.- CEO
- Richard Andrew Wurster
- Full Time Employees
- 32,100
- 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
- schwab.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.
Will Charles Schwab (SCHW) Beat Estimates Again in Its Next Earnings Report?
Which Financial Stocks Actually Benefit When Interest Rates Stay High?
Value stocks beat growth when inflation is high. Here are 13 stocks top newsletters are betting on now.
Americans Need $1.6 Million to Retire. The Median 55-Year-Old Has $205,341.
SCHW vs. HOOD: Which Stock Is the Better Value Option?
Wall Street Analysts Believe Charles Schwab (SCHW) Could Rally 25.89%: Here's is How to Trade
All Banks Crushed the Fed's Stress Tests This Year, and Some Truly Excelled
Charles Schwab Discloses Results of the Federal Reserve's 2026 Comprehensive Capital Analysis and Review
Schwab Announces Its Summer Business Update
Charles Schwab Recognized Among Nation's Most Community-Minded Companies for 10th Consecutive Year
5 High ROE Stocks to Buy as Markets Recover After Fed-Induced Sell-Off
Schwab's Prediction Market Push: What Investors Should Know
Which Short-Term Bond ETF Is the Better Buy: iShares' IGSB or Schwab's SCHO?
Charles Schwab expands into prediction markets with S&P 500 bets
Charles Schwab Breaks into the Prediction Market Business
Charles Schwab: This Brokerage Giant Is Reaccelerating
Expert Warns: California Taxes Harming “Big Wealth Driver in the State” as Billionaires Flee
Your Roth IRA Isn’t Locked Until 59½, You Can Pull Every Dollar You Contributed, Anytime, Tax-Free
Schwab Center for Financial Research Releases 2026 Mid-Year Market Outlook
Robinhood, Charles Schwab, State Street And More On CNBC's 'Final Trades'