Charles Schwab Inc.

Charles Schwab Corp. is an equity in the USA market.

• The price is 97.56 USD currently with a change of 0.48 USD (0.00%) from the previous close.
• The latest open price was 97.31 USD and the intraday volume is 2,414,161.
• The intraday high is 97.89 USD and the intraday low is 96.905 USD.
• The latest trade time is Monday, August 11, 17:07:46 UTC.

The Charles Schwab Corporation is a leading American multinational financial services company offering 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.

Services Offered

Charles Schwab provides a diverse array of services designed to meet the financial needs of its clients including:

• Brokerage Services: Clients can trade financial instruments such as stocks, bonds, mutual funds, and ETFs with commission-free online trading for U.S. equities and ETFs.
• Retirement Planning: Offers IRAs and workplace retirement plans to assist clients in planning for their future.
• Banking Services: Through Charles Schwab Bank, provides personal banking solutions including checking and savings accounts, home loans, and credit cards.
• Wealth Management: Personalized financial planning and investment advisory services to help clients achieve their financial goals.
• Automated Investing: Offers solutions like Schwab Intelligent Portfolios® which are diversified portfolios managed by algorithms for a hands-off investment approach.

Global Presence

The company is headquartered in Westlake, Texas, and operates over 380 branches primarily in financial centers across the United States and the United Kingdom.

Charles Schwab has a significant presence in major cities including:

• New York
• San Francisco
• London
• Orlando, FL, USA

Recent Developments

In October 2020, Charles Schwab completed the acquisition of TD Ameritrade, expanding its client base and service offerings.

The integration of TD Ameritrade's platforms was finalized in May 2024, leading to the discontinuation of that brand.

In early 2025, TD Bank sold its stake in Charles Schwab, further solidifying the company's position in the financial services industry.

Under the leadership of CEO Rick Wurster, who assumed the role in January 2025, Charles Schwab continues to innovate and adapt to the evolving financial landscape, focusing on accessible and comprehensive financial solutions for its diverse clientele.