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Charles Schwab Inc.

Charles Schwab Inc., founded in 1971 and headquartered in Westlake, Texas, provides brokerage, retirement, banking, wealth management, and investment advisory services to individual and institutional clients.

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

The company's technology work spans digital brokerage platforms, online trading technology, financial planning and advisory platforms, and banking technology. Its brokerage accounts carry $0 online stock, option, and ETF trade commissions, a pricing model that has shaped the wider industry. Banking services are offered through Charles Schwab Bank, SSB (member FDIC).

Charles Schwab describes its approach as client-centric, with a stated mission of championing individuals' financial goals with passion and integrity and a commitment to broadening access to investing and financial planning. It is widely regarded as a pioneer of low-cost investing.

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