About

Charles Schwab is an American multinational financial services company, founded in 1971 as Charles Schwab & Co., Inc. in San Francisco, California. Now headquartered in Westlake, Texas, it operates as a public company and is recognized as one of the largest banks in the United States by assets. The company offers a comprehensive range of services including banking, commercial banking, investing, consulting, and wealth management advisory services for both retail and institutional clients, in addition to a donor advised fund. As of December 31, 2024, Charles Schwab managed an impressive $10.10 trillion in client assets, serving 36.5 million active brokerage accounts, 5.4 million workplace retirement plan participant accounts, and 2.0 million banking accounts, generating US$19.6 billion in revenue in 2024. The company extends its reach through over 380 branches, primarily located in financial centers across the United States and the United Kingdom. While its employee count and specific leadership details were not provided in the available data, its market position and extensive service portfolio highlight its significant presence in the financial sector.