Charles Schwab Inc. is a US financial services firm offering brokerage, banking, retirement, wealth management and investment advisory services, with about $11.9 trillion in assets under management.
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, and is one of the largest brokerage firms in the United States. The firm reports approximately $11.9 trillion in assets under management as of 2025 and employs more than 10,000 professionals.
Its principal services include full-service brokerage accounts for individual investors, offered with $0 online stock, option and ETF trade commissions; a suite of retirement planning solutions; banking through Charles Schwab Bank, SSB (member FDIC); wealth management for high-net-worth and mass-affluent clients; and investment advisory services delivered through operating subsidiaries including Charles Schwab & Co., Inc. (member SIPC). The company maintains over 380 branches across the United States and also has a presence in international markets, serving millions of clients.
Technical work at the firm spans financial technology, brokerage and trading platform technology, digital banking platforms, online investment platforms and wealth management technology. The stated culture is client-centric and values-driven, with an emphasis on integrity and a stated aim of broadening access to investing and financial planning; Schwab is described as a pioneer of low-cost investing.
