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Charles Schwab Corporation operates within the financial sector, specifically in the investment services segment, with a focus on brokerage, asset management, financial advisory, and banking services, and is listed on the New York Stock Exchange (NYSE) under the ticker SCHW.
Founded by Charles R. Schwab, its origins are linked to the objective of expanding access to investment services at reduced costs, within a regulatory environment that, beginning in the 1970s, enabled greater competition in the U.S. brokerage industry. There is no government ownership in its corporate structure, and it has operated as a private entity since its inception.
The product and service portfolio includes brokerage accounts, equities trading, funds and fixed income securities, exchange-traded funds, wealth management, financial advisory, institutional custody, banking services, credit cards, loans, digital trading platforms, and automated portfolio allocation solutions.
Market operations have both national and international reach, with activities primarily concentrated in the United States, in states such as Texas, California, and Colorado, in addition to servicing eligible foreign investors in select countries, subject to regulatory requirements and authorizations.
Market factors include consolidation within the brokerage sector, structural declines in trading fees, the expansion of digital platforms, competition with large investment banks and major brokerage firms, the growth of automated investment models, and the increasing participation of retail investors in the U.S. capital markets.
Operational scale encompasses tens of millions of client accounts, trillions of dollars in assets under custody, and a network of physical and digital locations serving retail, high-net-worth, and institutional clients, positioning the corporation among the largest brokerage structures in the United States.
The operational framework follows an integrated model that combines banking and investment activities, with corporate headquarters in Westlake, Texas, logistical support through operational and technology centers, branches distributed across multiple U.S. states, and divisions dedicated to retail, advisory, and institutional management, with a predominance of digital servicing.
Shares are traded exclusively on the New York Stock Exchange (NYSE) under the ticker SCHW, representing the company’s primary listing in the capital markets.
History and Foundation
The organization was established in 1971 in San Francisco, California, with an initial focus on discount brokerage operations during a period characterized by significant regulatory changes in the U.S. financial markets.
In its early years, key challenges included consolidating the low-cost brokerage model, building a client base, complying with Securities and Exchange Commission (SEC) regulations, and implementing operational processes capable of supporting rising trading volumes. Notable achievements included expanding access for individual investors to capital markets.
Expansion and growth involved opening new offices across the United States, launching electronic trading platforms in the 1990s, diversifying financial products, initiating banking activities in the early 2000s, and developing services for institutional clients.
Key milestones include the offer pública inicial (IPO) completed in 1987, the establishment of Charles Schwab Bank in 2003, the advancement of digital technologies throughout the 2010s, and the acquisition of TD Ameritrade in 2020, regarded as one of the largest consolidation moves in the U.S. brokerage sector.
Between 2020 and 2024, the company underwent the operational integration of TD Ameritrade, experienced higher trading volumes driven by digital platform adoption, faced impacts from interest rate fluctuations and macroeconomic conditions, and continued investing in automation and technology infrastructure, influencing its corporate structure and financial market performance.
Additional Information
The Company The Charles Schwab Corp. (United States), is listed on NYSE with a market cap of $ 167.47 Billions, having an equity of $ 49.40 Billions.
With a total of 19.700 employees, the company is listed in the sector of Financial and categorized in industry of Banks.
In the last 12 months the Company had a revenue of $ 22.91 Billions, which generated a profit in the amount of $ 8.23 Billions.
As for its main indicators, the Company has a P/E ratio of 20.34, a P/BV ratio of 3.39 and in the last 12 months the dividend yield of SCHW was at 1.16%.
The Company is traded internationally through the ticker SCHW.
