SCHWAB CHARLES CORP
The Charles Schwab Corporation is an American multinational financial services company. It offers banking, commercial banking, investing, and related services including consulting, and wealth management advisory services to both retail and institutional clients. One of the largest banks in the United States by assets, as of December 31, 2024, it had $10.10 trillion in client assets, 36.5 million active brokerage accounts, 5.4 million workplace retirement plan participant accounts, and 2.0 million banking accounts. It also offers a donor advised fund for clients seeking to donate securities. It was founded in San Francisco, California, and is headquartered in Westlake, Texas. It has over 380 branches, primarily in financial centers in the United States and the United Kingdom.
Basic company information
Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.
- Ticker / security symbols
- SCHW, SCHW-PD, SCHW-PJ [1]
- Listing exchanges
- NYSE [1]
- SEC industry
- Security Brokers, Dealers & Flotation Companies [1]
- Business sectors
- financial services [2]
- Company / filing name
- SCHWAB CHARLES CORP [1]
- Headquarters location
- San Francisco [2]
- Business address
- 3000 SCHWAB WAY, WESTLAKE, TX, 76262 [1]
- Founded
- 1971 [2]
- Legal form
- Delaware corporation [2]
- Incorporation jurisdiction
- Delaware, United States [1]
- Founders
- Charles R. Schwab [2]
- Official website
- www.schwab.com ↗ [2]
- Annual revenue
- USD 20,762,000,000 · reported year 2022 [2]
- Fiscal year end
- December 31 (SEC record) [1]
- ISIN (reported securities)
- US8085131055 [2]
- CIK
- 0000316709 [1]
- SIC code
- 6211 [1]
- Country in background record
- United States [2]
Company positioning and business
The Charles Schwab Corporation is an American multinational financial services company. It offers banking, commercial banking, investing, and related services including consulting, and wealth management advisory services to both retail and institutional clients. One of the largest banks in the United States by assets, as of December 31, 2024, it had $10.10 trillion in client assets, 36.5 million active brokerage accounts, 5.4 million workplace retirement plan participant accounts, and 2.0 million banking accounts. It also offers a donor advised fund for clients seeking to donate securities. It was founded in San Francisco, California, and is headquartered in Westlake, Texas. It has over 380 branches, primarily in financial centers in the United States and the United Kingdom. [3]
Founded as First Commander Corporation in 1971 and renamed to Charles Schwab & Co. in 1973, the company leveraged deregulation of the 1970s to pioneer discount sales of equity securities. After a flagship opening in Sacramento, California, the bank expanded into Seattle before the 1980s economic expansion financed the bank's investments in technology, automation, and digital record keeping. The first to offer round-clock order entry and quotation, it was purchased by Bank of America in 1983 for $55 million. Three years later, the profitability of the bank's no-charge mutual funds prompted the founder to buy his company back for $280 million. [3]
Background text: Wikipedia contributors, Charles Schwab Corporation. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.
Understanding company scale
Annual revenue: USD 20,762,000,000 · reported year 2022. [2]
Financial year, securities and disclosures
The SEC submissions record gives SCHWAB CHARLES CORP a fiscal year end of 1231 (MMDD). Individual filings below identify their own reporting period; the filing date is the publication event, not the financial year end. [1]
Listed securities: SCHW (NYSE), SCHW-PD (NYSE), SCHW-PJ (NYSE). Multiple symbols may represent different share classes or securities of the same registrant. [4]
History and key events
Financial results and regulatory disclosures
Annual, quarterly and current reports from the collected SEC record. Insider Forms 4 and 144 are excluded. This is a selected list, not a live filing feed.
Source-verified relationships
Companies in the same industry
Comparison candidates share the SEC SIC classification 6211. This does not imply ownership, partnership or trading relationships.
Related entities and concepts
Frequently asked questions
When was SCHWAB CHARLES CORP founded?
Founded: 1971. The linked source provides the background record. [2]
Where is the headquarters of SCHWAB CHARLES CORP?
Headquarters location: San Francisco. The linked source provides the background record. [2]
Which business sectors are recorded for SCHWAB CHARLES CORP?
Business sectors: financial services. The linked source provides the background record. [2]
SCHWAB CHARLES CORP relationship map
Select a node to inspect its relationship and source.
2 verified direct relationships. Industry peers are not relationship edges.
Sources and review dates
- SEC — SCHWAB CHARLES CORP filing identity and securities ↗
- Wikidata — company background record (CC0) ↗
- Wikipedia contributors — Charles Schwab Corporation (CC BY-SA 4.0) ↗
- SEC securities directory ↗
- Company chronology / filing ↗
Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.