Charles Schwab Corporation Company Profile

Aggregated data from the web about Charles Schwab Corporation
Company Name Charles Schwab Corporation
Website www.aboutschwab.com
Snippet The Charles Schwab Corporation[5] is an American multinational financial services company founded and based in San Francisco, California. Headquartered in the SOMA District, San Francisco, Charles Schwab is the 14th largest banking institution in the United States with over US$3.3 trillion in client assets (as of 2019). It is the third largest asset manager in the world, behind BlackRock and Vanguard. The firm is known for its electronic trading platforms, investor education, and discount brokerage services, particularly reduced and free trading commission charges.
AUM US$3.25 trillion (2018)[1]
Type Public
Owner Charles R. Schwab (10.4%)[2]
Founded 1971
Founder Charles R. Schwab
Revenue US$10.132 billion (2018)[1]
Website www.aboutschwab.com
Industry Financial services
Services Commercial banking Stock brokerage Wealth management Electronic trading platform
Traded as NYSE: SCHWS&P 500 Index component
Key people Charles R. Schwab, (Chairman), Walter W. Bettinger II, (President & CEO)
Net income US$3.329 billion (2018)[1]
Headquarters San Francisco, California, U.S.
Total assets US$296.482 billion (2018)[1]
Total equity US$20.670 billion (2018)[1]
Operating income US$4.562 billion (2018)[1]
Number of employees ~19,500 (December 2018)[1]
Number of locations 345 branches

Charles Schwab Corporation is part of the United States company list

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