The Charles Schwab Corporation is a leading financial services company that provides a wide range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individuals, advisors, and institutions in the United States and internationally.
The company operates through two main segments: Investor Services and Advisor Services. Its Investor Services segment offers a variety of brokerage accounts, including equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities. Additionally, it provides access to third-party mutual funds, exchange-traded funds, and advisory solutions for managed portfolios, separately managed accounts, and customized personal advice.
Its banking products include checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines. The company also offers trust custody services, personal trust reporting services, and administrative trustee services, making it a one-stop-shop for individuals and institutions seeking comprehensive financial solutions.
Charles Schwab is also known for its innovative digital platforms, which provide real-time market data, options trading, premium research, and multi-channel access. Its online research and analysis tools, self-service education and support tools, and digital retirement calculators empower investors to make informed decisions about their financial futures.
The company's Advisor Services segment provides a range of services to independent investment advisors, including interactive tools, educational content, and equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights. It also offers retirement plan services, mutual fund clearing services, and other advisor-focused solutions.
With a strong branch office network, Charles Schwab has a significant physical presence across the United States. Founded in 1971, the company is headquartered in Westlake, Texas, and has established itself as a trusted and respected player in the financial services industry. You can learn more about the company's products and services at https://www.schwab.com.