Charles Schwab Corporation began in 1971 when Charles R. Schwab established it as a traditional brokerage firm. The company pioneered discount brokerage, making investing more accessible to the general public. Over the decades, it expanded its services to include banking, wealth management, and financial advisory. Today, the company operates through numerous branches and digital platforms, serving millions of clients with investment products, retirement planning, and personalized financial advice. Its comprehensive service model supports both self-directed investors and those seeking professional guidance.