The Charles Schwab Corporation is a leading financial services firm headquartered in Westlake, Texas. Founded in 1971 by Charles R. Schwab, the company pioneered discount brokerage services following deregulation in the mid-1970s. Today, Schwab offers a broad range of services including securities brokerage, wealth management, banking, asset management, and custody solutions. It operates through two main segments: Investor Services and Advisor Services, serving retail clients and independent investment advisors. Schwab manages trillions in client assets and maintains a significant branch network alongside robust digital platforms. The company is publicly traded on the New York Stock Exchange under the ticker symbol SCHW and is a component of the S&P 500. Its growth strategy includes technology-driven solutions and acquisitions, such as the integration of TD Ameritrade in 2020.
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