Company Description
The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally.
The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services.
It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content.
The Company operates through branch offices. The Charles Schwab Corporation was founded in 1971 and is headquartered in Westlake, Texas.
| Country | United States |
| Founded | 1971 |
| IPO Date | Sep 22, 1987 |
| Industry | Capital Markets |
| Sector | Financials |
| Employees | 33,000 |
| CEO | Richard Wurster |
Contact Details
Address: 3000 Schwab Way Westlake, Texas 76262 United States | |
| Phone | 817 859 5000 |
| Website | schwab.com |
Stock Details
| Ticker Symbol | SCHW |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000316709 |
| CUSIP Number | 808513105 |
| ISIN Number | US8085131055 |
| Employer ID | 94-3025021 |
| SIC Code | 6211 |
Key Executives
| Name | Position |
|---|---|
| Richard Andrew Wurster C.F.A., CFA, CMT | Chief Executive Officer, President and Director |
| Charles Robert Schwab | Founder and Co-Chairman |
| Michael Verdeschi | MD and Chief Financial Officer |
| Tim Heier | MD and Chief Technology Officer |
| Dennis Willard Howard | Managing Director and Chief Information Officer |
| Adele Taylor | MD and Chief Administrative Officer |
| Jeff Edwards | MD and Head of Investor Relations |
| Peter J. Morgan III | MD, General Counsel and Corporate Secretary |
| Joe Carberry | MD and Head of Corporate Relations and Institutional Marketing |
| Stacy Hammond | MD and Chief Marketing Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jan 23, 2025 | 144 | Filing |
| Jan 22, 2025 | 144 | Filing |
| Jan 21, 2025 | 8-K | Current Report |
| Jan 2, 2025 | 144 | Filing |
| Nov 22, 2024 | 144 | Filing |
| Nov 18, 2024 | 144 | Filing |
| Nov 18, 2024 | 144 | Filing |
| Nov 14, 2024 | 144 | Filing |
| Nov 13, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Nov 13, 2024 | 144 | Filing |