The Charles Schwab Corp - Company Profile
Powered by 
All the sales intelligence you need on The Charles Schwab Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how The Charles Schwab Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with The Charles Schwab Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
The Charles Schwab Corp (Charles Schwab) is a savings and loan holding company that operates through its subsidiaries in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company's main activities include providing retail brokerage, investment advisory, and banking services to individual investors, as well as custodial and support services to independent registered investment advisors. Schwab offers a broad range of products and services, including brokerage accounts, mutual funds, exchange-traded funds (ETFs), managed investing solutions, alternative investments, digital assets, banking, and trust services. The company's products and services cater to individual investors, businesses, and institutional clients across various industries. Schwab operates through a network of domestic branch offices and international locations, serving clients in the US, Puerto Rico, the UK, Hong Kong, and Singapore. Charles Schwab is headquartered in Westlake, Texas, the US.
Headquarters
United States of America
Address
3000 Schwab Way, Westlake, Texas, 76262
Website
www.schwab.com
Telephone
1 302 6587581
No of Employees
33,500
Industry
Financial Services
Ticker Symbol & Exchange
SCHW (NYSE)
Revenue (2024)
$27.7B
6.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
49%
(2024 vs 2023)
Market Cap*
$160.5B
Net Profit Margin (2024)
XYZ
40.0%
(2024 vs 2023)
* As of and is in US$
The Charles Schwab Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts: | Custody | Schwab |
| Checking | Advisory | |
| Savings | Cash Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In May, the company introduced the genAI feature for retail clients. |
| 2026 | Acquisitions/Mergers/Takeovers | In March, the company acquired Forge Global Holdings Inc. |
| 2025 | Corporate Changes/Expansions | In December, the company opened a new store in Hyderabad, Telangana, India. |
Competitor Comparison
| Key Parameters | The Charles Schwab Corp | FMR LLC | Interactive Brokers Group Inc | E*Trade Financial Corp | J.P. Morgan Securities LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Westlake | Boston | Greenwich | Arlington | New York City |
| State/Province | Texas | Massachusetts | Connecticut | Virginia | New York |
| No. of Employees | 33,500 | - | 2,998 | - | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard A. Wurster | President; Chief Executive Officer; Director | Executive Board | 2025 | 53 |
| Charles R. Schwab | Co-Chairman | Executive Board | 2022 | 88 |
| Walter W. Bettinger II | Co-Chairman | Executive Board | 2022 | 65 |
| Michael D. Verdeschi | Chief Financial Officer; Managing Director | Senior Management | 2024 | 57 |
| Tim Heier | Managing Director; Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer