The Charles Schwab Corporation Company Profile

Aggregated data from the web about The Charles Schwab Corporation
Company Name The Charles Schwab Corporation
Website www.aboutschwab.com
Snippet The Charles Schwab Corporation[6] is an American multinational financial services company. It offers banking, commercial banking, an electronic trading platform, and wealth management advisory services to both retail and institutional clients. It has over 360 branches, primarily in financial centers in the United States and the United Kingdom. It is the 13th largest banking institution in the United States with over US$3.3 trillion in client assets.[8] It is the third largest asset manager in the world, behind BlackRock and Vanguard. It had 29.0 million active brokerage accounts, 2.1 million corporate retirement plan participants, 1.5 million banking accounts, and $5.9 trillion in client assets as of October 31, 2020.[9] It was founded in San Francisco, California and is headquartered in Westlake, Texas.
AUM US$3.25 trillion (2018)[2]
Type Public
Owner TD Bank (13.5%)[3]Charles R. Schwab (10.4%)[4]
Founded 1971
Founder Charles R. Schwab
Revenue US$10.132 billion (2018)[2]
Website www.aboutschwab.com
Industry Financial services
Services Commercial banking Stock brokerage Wealth management Electronic trading platform
Traded as NYSE: SCHWS&P 500 component
Key people Charles R. Schwab, (Chairman), Walter W Bettinger II, (President & CEO)
Net income US$3.329 billion (2018)[2]
Headquarters Westlake, Texas, U.S.[1]
Subsidiaries Schwab Holdings, Inc., Charles Schwab Bank, Charles Schwab Investment Management, Inc., Charles Schwab Futures, Inc., Charles Schwab Premier Bank, OptionsXpress, Schwab Performance Technologies, SoundView Technology Group, Charles Schwab Foundation, Charles Schwab Trust Bank, TD Ameritrade
Total assets US$296.482 billion (2018)[2]
Total equity US$20.670 billion (2018)[2]
Operating income US$4.562 billion (2018)[2]
Number of employees ~32,000 (February 2021)[2]
Number of locations Over 360 branches

The Charles Schwab Corporation is part of the United States company list

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