Charles Schwab Inc.
Charles Schwab Inc. is a financial services firm founded in 1971, providing brokerage, retirement, banking, wealth management and investment advisory services from Westlake, Texas.
Charles Schwab Inc. is an American multinational financial services company founded in 1971 and headquartered in Westlake, Texas. It provides brokerage accounts, retirement planning, banking, wealth management and investment advisory services to individual investors, financial advisors and institutional clients. The firm reports approximately $11.9 trillion in assets under management as of 2025 and serves millions of clients.
The company's technical work spans financial technology, brokerage platforms, banking services, wealth management technology and investment advisory. Its brokerage offering includes $0 online stock, option and ETF trade commissions, and it is described as a pioneer of low-cost investing. Banking solutions are delivered through Charles Schwab Bank, SSB (member FDIC).
Charles Schwab employs more than 10,000 professionals and operates over 380 branches across the United States, with presence in international markets. Its stated mission is to champion individuals' financial goals with passion and integrity, with a stated client-centric approach and a commitment to broadening access to investing and financial planning.