Charles Schwab

El Paso, United States Founded: 1971 • Age: 55 yrs
Financial brokerage and banking services are offered to clients.
Annual revenue $26.0B Latest available
Total funding - 1 rounds
Employees 32100 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Charles Schwab

Charles Schwab is a company based in El Paso (United States) founded in 1971 by Charles R Schwab. It operates as a Commission-Based and Subscription Services. The company has 32,100 employees as of December 31, 2024. Charles Schwab has completed 4 acquisitions, including Soundview, TD Ameritrade and Wasmer Schroeder. Charles Schwab offers products and services including Brokerage Services, Retirement Accounts, and Schwab Bank Checking. Charles Schwab operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter El Paso, United States
  • Employees 32100 as on 31 Dec, 2024
  • Founders Charles R Schwab
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Charles Schwab Corporation (The)
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26 B (USD)
    1.87
    as on Dec 31, 2024
  • Net Profit
    $5.94 B (USD)
    17.27
    as on Dec 31, 2024
  • EBITDA
    $11.72 B (USD)
    10.42
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    32100

    as on Dec 31, 2024

  • Investments & Acquisitions
    Soundview

    & 3 more

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IPO & Listings of Charles Schwab

Charles Schwab is a publicly listed company on the NYSE with ticker symbol SCHW in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: SCHW · Sector: Finance · USA

Products & Services of Charles Schwab

Charles Schwab offers a comprehensive portfolio of products and services, including Brokerage Services, Retirement Accounts, and Schwab Bank Checking.

Product name locked
Category locked
Primary

Brokerage services are provided for investment and trading.

Product name locked
Category locked
Locked

Retirement accounts are offered for future financial security.

Product name locked
Category locked
Locked

Checking accounts are tailored for investor cash management.

People of Charles Schwab

Headcount 10000+
Employee Profiles 758
Board Members and Advisors 13
Employee Profiles
People
John Greves
Vice President, Head of Multi-Asset Strategies
People
Steven Becker
Vice President-financial Consultant
People
Rick Wurster
President & CEO
People
Michael Hovis
Director, Business Strategy

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Board Members and Advisors
people
John K. Adams Jr.
Director
people
Carrie Schwab-Pomerantz
Director
people
Frank C. Herringer
Director
people
Marianne C. Brown
Director

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Funding Insights of Charles Schwab

Investors in Charles Schwab

Charles Schwab has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include AirTree.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are directed toward early-stage tech startups by AirTree.
Locked Locked Locked
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Investor details for Charles Schwab

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Charles Schwab

Charles Schwab has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Soundview, TD Ameritrade and Wasmer Schroeder.

Investments
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Investment portfolio details for Charles Schwab

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Trading platform for multiple assets
Locked Locked 2000 Locked
Online trading in stocks, forex, futures, and ETFs is facilitated.
Locked Locked 1994 Locked
Investment management services are provided for businesses.
Locked Locked 1987 Locked
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Complete acquisition details for Charles Schwab

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Financial Statements - Charles Schwab

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Detailed financials for Charles Schwab

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  • Profit trends
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Charles Schwab Comparisons

Charles Schwab Primary company
Description
Financial brokerage and banking services are offered to clie...
Location
El Paso, United States
Founded Year
1971
Annual Revenue
$26 B (USD)
Net Profit
$5.94 B (USD)
EBITDA
$11.72 B (USD)
Employees
32,100
As of 2024
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Peer comparison for Charles Schwab

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Competitors of Charles Schwab

Charles Schwab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Wealth advisory and banking services are offered to clients.
Locked Locked Locked
Global banking, investment, and wealth management services are offered worldwide.
Locked Locked Locked
Commercial banking services are provided to businesses and individuals.
Locked Locked Locked
Diversified financial services are offered through commercial banking operations.
Locked Locked Locked
Regional bank
Locked Locked Locked
Diversified financial services are offered through commercial banking operations.
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Detailed competitors of Charles Schwab

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Charles Schwab

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Complete news archive for Charles Schwab

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Charles Schwab

Charles Schwab was founded in 1971 and raised its 1st funding round 28 years after it was founded.

Charles Schwab is headquartered in El Paso, United States. It is registered at El Paso, Texas, United States.

Walter W. Bettinger is the current CEO of Charles Schwab.

As of Dec 31, 2024, the latest employee count at Charles Schwab is 32,100.

Annual revenue of Charles Schwab is $26B as on Dec 31, 2024.

Charles Schwab is established as a prominent entity in the financial sector, offering a wide range of brokerage, banking, and advisory services. Comprehensive investment products including stocks, ETFs, mutual funds, and retirement accounts are provided. Solutions for self-directed investing, automated investing, and wealth management are made available to clients. Banking services through Schwab Bank, including checking and savings accounts, are integrated for investor convenience. The company operates across various segments of the financial industry, ensuring diverse options for individual and institutional clients.

Charles Schwab's top competitors include Truist, Investec and Citi.

Charles Schwab offers Brokerage Services, Retirement Accounts, and Schwab Bank Checking.

Yes, Charles Schwab is publicly traded on NYSE under the ticker symbol SCHW.

Charles Schwab has made 4 acquisitions, including Soundview, TD Ameritrade, and Wasmer Schroeder.

Charles Schwab has 1 investor. Key investors include AirTree.

The ticker symbol of Charles Schwab is SCHW on NYSE.

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