OverviewSuggest Edit

The Charles Schwab Corporation is a savings and loan holding company providing wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates in 2 segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, banking, and support services, as well as retirement business services, to independent registered investment advisors (RIAs), independent retirement advisors, and recordkeepers.

HQSan Francisco, US
Employee Ratings3.6
Culture scoreC-

Latest Updates

Employees (est.) (Dec 2019)19,700(+2%)
Job Openings448
Revenue (FY, 2019)$10.7 B(+6%)
Share Price (May 2020)$32.8 (-1%)

Key People/Management at Charles Schwab

Walter W. Bettinger

Walter W. Bettinger

President, CEO, and Director
Joseph R. Martinetto

Joseph R. Martinetto

Senior Executive Vice President And Chief Operating Officer
John K. Adams

John K. Adams

Jonathan M. Craig

Jonathan M. Craig

Senior Executive Vice President, Investor Services and Marketing
Tim Heier

Tim Heier

Executive Vice President and Chief Technology Officer
Neesha Hathi

Neesha Hathi

Executive Vice President and Chief Digital Officer
Show more

Charles Schwab Office Locations

Charles Schwab has offices in San Francisco, El Paso, Lone Tree, Orlando and in 2 other locations
San Francisco, US (HQ)
211 Main St, San Francisco
El Paso, US
1945 Northwestern Dr
Lone Tree, US
9899 Schwab Way
Orlando, US
1958 Summit Park Dr #200Orlando
Phoenix, US
2423 E Lincoln Dr
London, GB
33 Ludgate Hill
Show all (7)

Charles Schwab Financials and Metrics

Charles Schwab Revenue

Charles Schwab's revenue was reported to be $10.72 b in FY, 2019

Revenue (Q1, 2020)


Net income (Q1, 2020)


Market capitalization (22-May-2020)


Closing stock price (22-May-2020)


Cash (31-Mar-2020)



Charles Schwab's current market capitalization is $42.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019



Revenue growth, %


Sales and marketing expense


General and administrative expense

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020



Sales and marketing expense


General and administrative expense


Operating expense total

USDFY, 2010Y, 2010Y, 2011FY, 2011FY, 2012Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019



Accounts Receivable





USDY, 2020


-1.7 x

Financial Leverage

14.1 x
Show all financial metrics

Charles Schwab Operating Metrics

Charles Schwab's Assets Under Management was reported to be $37b in Jul, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q3, 2016FY, 2016Q1, 2017Nov, 2017Jul, 2019

Active Accounts

9.40 m9.80 m10.20 m10.60 m

Assets Under Management

$37 b

Average Trades per U.S. Trading Day

250 61 63 64 251 61 64 251 62

Client Assets

$2.46 t$2.51 t$2.78 t
Show all operating metrics

Charles Schwab Revenue Breakdown

Embed Graph

Charles Schwab revenue breakdown by business segment: 72.4% from Investor Services and 27.6% from Advisor Services

Charles Schwab Online and Social Media Presence

Embed Graph

Charles Schwab Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



  • Diversity



Learn more on Comparably

Charles Schwab News and Updates

Envestnet | Yodlee agrees data access terms with Charles Schwab

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic,...

Charles Schwab will give many of its employees $1,000 as part of its coronavirus response, but the bonus doesn't apply to its contract workers (SCHW)

Charles Schwab said on Wednesday in an email to employees that it would distribute $1,000 spot bonuses to employees below the officer level as part of its coronavirus response, Business Insider has confirmed. The San Francisco brokerage and wealth management firm's move, which follows some technol…

Need to Know: Stocks haven’t bottomed yet, so wait for this signal, advises Charles Schwab strategist

Our call of the day from the Schwab Center for Financial Research’s vice president of trading and derivatives has this message for investors: “Don’t panic and don’t sell on the lows.”

Why Charles Schwab Is Letting Customers Trade For Free

The financial services firm also plans to launch ‘fractionisation’ of shares option from this spring season.

Xantrion to Sponsor the Charles Schwab Advisor Services Forum on Preparing for the SEC in 2020

OAKLAND, Calif., Feb. 11, 2020 /PRNewswire/ -- Xantrion Inc. is honored to sponsor the February 12, Charles Schwab Advisor Services® forum, Anticipating the Inevitable: Preparing for the SEC in 2020. This forum, presented by the Northern California Region of Schwab Advisor Services, will...

Charles Schwab just took the broker wars to the next level by pulling the plug on a nearly $100 billion program that sold rivals' ETFs (SCHW)

Charles Schwab has shuttered a program used to sell products from third-party firms like State Street and BlackRock for zero commissions.  The move underscores the difficult spot asset managers have found themselves in following the major brokerages' decisions to eliminate online trading fees late…
Show more

Charles Schwab Blogs

Will the Federal Reserve and government stimulus spending eventually lead to inflation?

Will the Federal Reserve and government stimulus spending eventually lead to inflation? kamila.forson Tue, 05/19/2020 - 14:59 Body Schwab’s view is that the greater near-term threat is deflation, not inflation, and that the risk of inflation in the next few years is limited. To…

Schwab Market Perspective: Riding the Liquidity Wave

Schwab Market Perspective: Riding the Liquidity Wave christina.oliver1 Mon, 05/18/2020 - 17:28 Body Why did stocks rise over the past month despite grim economic news? The Federal Reserve’s massive liquidity injection is one reason. Button …

Take your first steps.

Take your first steps. kristin.mccasland Mon, 05/18/2020 - 12:36 Body You can set up your preferences for moving money, personalize your account settings, and start exploring what we have to offer. Button Login …

Stimulus = Inflation? Why It May Be Different This Time

Stimulus = Inflation? Why It May Be Different This Time kamila.forson Fri, 05/15/2020 - 15:13 Body Despite massive fiscal and monetary stimulus, we believe there’s little risk of inflation in the next few years. Button Read More …

What’s the Future Payback for the Stimulus?

What’s the Future Payback for the Stimulus? kamila.forson Tue, 05/12/2020 - 13:13 Body It is becoming increasingly clear that the massive global stimulus is being financed by a rise in money, not debt. Button Read More …

Bear and Bull Both Running at Full Speed

Bear and Bull Both Running at Full Speed kamila.forson Mon, 05/11/2020 - 18:04 Body Both the bear market and subsequent rally have occurred at warp speed; yet the economic recovery may be disappointing to what the market’s now “priced in.” Button …
Show more

Charles Schwab Frequently Asked Questions

  • When was Charles Schwab founded?

    Charles Schwab was founded in 1971.

  • Who are Charles Schwab key executives?

    Charles Schwab's key executives are Walter W. Bettinger, Joseph R. Martinetto and John K. Adams.

  • How many employees does Charles Schwab have?

    Charles Schwab has 19,700 employees.

  • What is Charles Schwab revenue?

    Latest Charles Schwab annual revenue is $10.7 b.

  • What is Charles Schwab revenue per employee?

    Latest Charles Schwab revenue per employee is $544.2 k.

  • Who are Charles Schwab competitors?

    Competitors of Charles Schwab include Robinhood, Lazard and CITIC Securities.

  • Where is Charles Schwab headquarters?

    Charles Schwab headquarters is located at 211 Main St, San Francisco, San Francisco.

  • Where are Charles Schwab offices?

    Charles Schwab has offices in San Francisco, El Paso, Lone Tree, Orlando and in 2 other locations.

  • How many offices does Charles Schwab have?

    Charles Schwab has 7 offices.