The Charles Schwab Corporation
The Charles Schwab Corporation (CSC), headquartered in San Francisco, California, provides brokerage, banking, wealth management and advisory services to individuals and institutional customers. It is one of the leading investment firms with total client assets of about $4.0 trillion. The company has over 14 million active brokerage accounts, 1.4 million banking accounts, 20,200 employees and maintains about 360 branches across the nation. It also has branch offices in the United Kingdom, Singapore, Australia and Hong Kong. The company was founded in 1986 by Charles Robert Schwab, the current Chairman and the largest shareholder with an 11 percent stake. The ordinary shares of Charles Schwab are listed on the New York Stock Exchange (NYSE) under the ticker symbol SCHW, with a market capitalization of US$41 billion as of June 26, 2020. Charles Schwab is the largest publicly traded investment firm in terms of client assets.
|Total net revenue||$10.721 billion (2019)|
|Net income||$3.704 billion (2019)|
|Total client assets||$4.009 trillion (05/2020)|
|Total assets||$370.8 billion (03/2020)|
|Stockholders' equity||$26.3 billion (03/2020)|
|Number of employees (FTE)||20,200 (03/2020)|
Fitch Ratings: A/F1
Standard & Poor’s: A/A1
The ratings outlook is stable
Charles Schwab subsidiaries:
Charles Schwab & Co., Inc is a broker-dealer subsidiary.
Charles Schwab Bank is a federal savings bank.
Schwab Holdings, Inc is a Delaware corporation.
Charles Schwab Trust Bank is a Nevada-chartered state savings bank.
Charles Schwab Investment Management, Inc (CSIM)
Schwab Retirement Plan Services, Inc
Charles Schwab Futures, Inc
Charles Schwab Premier Bank
211 Main Street
San Francisco, CA
94105 United States
Phone number: 1-415-667-7000
Schwab San Juan Branch
250 Ave Munoz Rivera, Suite #104
San Juan, 00918, Puerto Rico
Branch phone: 787-281-2295
Monday - Friday, 8:30 am - 5:00 pm
Saturday, Sunday - Closed
Charles Schwab, U.K. Limited
33 Ludgate Hill
London EC4M 7JN
Telephone: +44 20 3795 2704
Working Hours: Monday - Friday, 9:00 - 18:00
Charles Schwab Australia Pty
The office was closed and no longer provides services.
5/4 Skyline Pl, Frenchs Forest
NSW 2086, Australia
Charles Schwab Singapore Pte
1 George St, #07-01A
Charles Schwab, Hong Kong, Ltd
Rooms 602-606, Gloucester Tower
The Landmark, 15 Queen’s Road Central
Central, Hong Kong