The Charles Schwab Corporation
SCHW-PD
New York Stock Exchange24.29
USD
-0.01
- -
CIK
0000316709
ISIN
US8085136005
CUSIP
808513600
Return %
Stock
S&P500
1Y
-2.61
18.02
3Y
-3.57
64.11
5Y
-4.41
70.77
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Richard Andrew Wurster
- Full Time Employees
- 33,000
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 3000 Schwab Way Westlake TX United States of America 76262
- IPO Date
- Mar 2, 2016
- CIK
- 0000316709
- Website
- schwab.com
- Similar Companies
- Business
- The Charles Schwab Corporation operates as a multinational financial services company providing a comprehensive suite of products and services across wealth management, securities brokerage, banking, asset management, custody, and financial advisory. Its core offerings include retail brokerage services, workplace retirement plans, individual retirement accounts, Schwab Trading and investment accounts, commercial banking services, Schwab Alternative Investments Select platform, and private equity and private market investment solutions. The company serves a broad client base including retail investors, registered investment advisors (RIAs), and workplace clients primarily in the United States, with expanding international operations. Founded in 1971 and headquartered in Westlake, Texas, Schwab manages over $11.6 trillion in client assets and supports more than 46 million accounts as of 2025. In recent strategic developments, Charles Schwab has significantly expanded its private markets capabilities through the acquisition of Forge Global, a leading private market platform, for approximately $660 million. This move deepens Schwab's access to private market investments, enhances liquidity and transparency, and broadens investor access to alternative assets traditionally limited to high-net-worth and institutional investors. Schwab also launched Schwab Private Issuer Equity Services, a platform designed to support late-stage private companies with equity management and liquidity solutions in the pre-IPO phase. These initiatives align with Schwab’s broader strategy focused on client-centric growth, expanding private wealth offerings, and enhancing digital and trading platforms. The company continues to emphasize scale, efficiency, and innovation in delivering integrated financial services and solutions across its client segments and channels. These changes build on the integration of Ameritrade and the steady growth in client assets under management, positioning The Charles Schwab Corporation as a leading wealth management and financial services provider with a diversified and growing product portfolio supported by technology-enabled service delivery and expanding market reach. The company remains publicly traded under ticker SCHW-PD and continues to invest in its core competencies while strategically diversifying revenue streams through private market investment products and expanded workplace financial solutions.