The Charles Schwab Corporation is a bank and brokerage firm, based in San Francisco, California. It was founded in 1971 by Charles R. Schwab and is one of the largest banks in the United States as well as one of the largest brokerage firms in the United States. The company provides services for individuals and institutions that are investing online. The company offers an electronic trading platform for the purchase and sale of financial securities including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, mutual funds, and fixed income investments. It also provides margin lending, and cash management services, as well as services through registered investment advisers.
Schwab continues to earn high praise for its heritage of innovation, modern wealth management capabilities, and customer service.
Charles Schwab was selected as one of FORTUNE’s Top 50 World’s Most Admired Companies. In 2018, Schwab ranked #1 for innovation, use of corporate assets, and social responsibility in the Securities and Asset Management category of the list, where we ranked #2 overall.
Charles Schwab was awarded "Highest in Investor Satisfaction with Full Service Brokerage Firms, Three Years in a Row" by J.D. Power.