Charles Schwab Inc.

Charles Schwab Inc. is an American multinational financial services company founded in 1971 and headquartered in Westlake, Texas. It provides brokerage, retirement planning, banking, wealth management and investment advisory services to individual investors, financial advisors and institutional clients. The firm employs more than 10,000 people and reported approximately $11.9 trillion in assets under management as of 2025, serving clients across the United States, through a branch network of over 380 offices and in international markets.

Its product lines include self-directed brokerage accounts with $0 online stock, option and ETF trade commissions, retirement planning services and accounts, banking services offered through the subsidiary Charles Schwab Bank, SSB (a member FDIC institution), wealth management for high-net-worth and individual clients, and investment advisory and financial planning services.

Technical work at the firm spans online brokerage platforms, digital investing, financial technology, banking technology and wealth management technology. Engineering and product teams support systems used by millions of individual investors, financial advisors and institutional clients.

Charles Schwab describes its approach as client-centric, with a stated mission of championing individuals' financial goals with integrity. The company has historically emphasised low-cost investing and expanding access to investing and financial planning.