Charles Schwab

Charles Schwab Corp. is an equity in the USA market. The price is 97.68 USD currently with a change of 0.60 USD (0.01%) from the previous close. The latest open price was 97.31 USD and the intraday volume is 2,065,078. The intraday high is 97.89 USD and the intraday low is 96.905 USD. The latest trade time is Monday, August 11, 16:47:46 UTC.

The Charles Schwab Corporation is a leading American multinational financial services company that offers a comprehensive range of banking, brokerage, and wealth management services to both retail and institutional clients. Established in 1971 by Charles R. Schwab, the company has grown to become one of the largest financial institutions in the United States.

As of December 31, 2024, Charles Schwab managed approximately $10.10 trillion in client assets, with 36.5 million active brokerage accounts, 5.4 million workplace retirement plan participant accounts, and 2.0 million banking accounts.

The company's services encompass a wide array of financial solutions, including commercial and personal banking, stock brokerage, investing, wealth management, investment portfolios, investment management, and financial planning. Charles Schwab is renowned for its commitment to providing accessible and affordable financial services, catering to a diverse clientele ranging from individual investors to large institutions.

In 2020, Charles Schwab expanded its reach by acquiring TD Ameritrade, a move that significantly enhanced its brokerage capabilities and client base. This strategic acquisition allowed the company to offer a broader range of services and solidify its position in the financial services industry.

Headquarters and Locations

Charles Schwab is headquartered in Westlake, Texas. It operates over 380 branches primarily in financial centers across the United States and the United Kingdom. Notable locations include:

• Centennial, Colorado
• Orlando, Florida

These offices provide clients with personalized financial advice, investment services, and access to a wide range of financial products.

Leadership

Under the leadership of CEO Rick Wurster, who assumed the role in 2025, Charles Schwab continues to innovate and adapt to the evolving financial landscape. The company remains dedicated to empowering investors with the tools, resources, and support needed to achieve their financial goals.