Charles Schwab is a leading American multinational financial services company founded in 1971. The firm provides brokerage accounts, retirement planning, banking solutions, wealth management, and investment advisory services. It operates more than 380 branches across the United States and maintains a presence in international markets, employing more than 10,000 people.
The company manages approximately $11.9 trillion in assets as of 2025, making it one of the largest financial services firms in the United States. Its banking services are offered through Charles Schwab Bank, SSB. The firm pioneered low-cost investing and offers $0 online stock, option, and ETF trade commissions.
Schwab's stated mission is to champion individuals' financial goals with passion and integrity, with a commitment to democratizing access to investing and financial planning. The company operates across the financial services, brokerage, banking, and wealth management verticals.
