Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.9 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth management businesses at the end of 2025. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset management segments. The firm is a dominant player in Registered Investment Advisor (RIA) custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.
| Industry | Security Brokers, Dealers & Flotation Companies |
| Sector | Financials |
| Employees | 33,700 |
| Headquarters | WESTLAKE, TX |
| Incorporated in | DE |
| Listed on | NYSE, NYSE, NYSE |
| Listed since | Sep 30, 1987 |
| Fiscal year ends | December 31 |
| SEC filer category | Large accelerated filer |
| Website | aboutschwab.com |
| SEC company number (CIK) | 316709 |
Company description from Polygon.io. Industry, address and filing details from SEC EDGAR.