Charles Schwab Corporation

Founded in 1971 by Charles R. Schwab, the Charles Schwab Corporation is an American multinational financial services company serving individual investors, financial advisers and institutional clients. It provides brokerage, retirement planning, banking, wealth management and investment advisory services, and conducts its business through subsidiaries including Charles Schwab & Co., Inc. (member SIPC) and Charles Schwab Bank, SSB (member FDIC). The company is headquartered in Westlake, Texas.

Its scale is considerable. Assets under management stood at approximately $11.9 trillion as of 2025, and the firm serves millions of clients through a network of over 380 branches across the United States and a presence in international markets. More than 10,000 people are employed. Brokerage accounts offer online stock, option and ETF trading at $0 commissions; other lines of business include retirement planning, banking solutions, wealth management and investment advisory services.

The corporation operates across a set of closely regulated industry verticals - financial services, brokerage and securities, banking, wealth management, retirement planning and investment advisory. Its technical work spans digital brokerage platform technology, online trading systems, banking technology, wealth management technology and financial services technology more broadly.

The firm describes its mission as championing individuals' financial goals with passion and integrity, and positions itself as a pioneer of low-cost investing committed to broadening access to investing and financial planning.