The once-rebellious Charles Schwab is all grown up: the discount broker now offers the same traditional brokerage services it shunned over three decades ago. Schwab manages more than $4 trillion in assets for some 15.5 million individual investors and institutional clients. Traders can access its services via telephone, the internet-enabled devices, and through approximately 360 offices in about 50-plus states, as well as United Kingdom, Hong Kong, Singapore, and Australia. Besides discount brokerage, the firm offers financial research, advice, and planning, investment management, and retirement and employee compensation plans. It also operates a federal savings bank and an investment advisory firm. In 2019, Schwab agreed to buy competitor TD Ameritrade for about $26 billion.
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Essential information for a successful call
EMPLOYEES (All Sites)
- ASSETS (MIL USD) 294,005
REVENUE (MIL USD)
- TICKER SYMBOL SCHW
- Incorporated 1986
- FISCAL YEAR END DEC
- SALES GROWTH % 5.81%
- NET INCOME GROWTH 5.62%
Get in Touch with 3,361 Contacts and 5 Principals*
Walter W Bettinger IIChief Executive Officer
CHARLES R SCHWABChairman of the Board
JOSEPH R MARTINETTOSenior Executive Vice-President and Chief Operating Officer
PETER B CRAWFORDExecutive Vice President and Chief Financial Officer