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The Charles Schwab Corporation
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The Charles Schwab Corporation (NYSE: SCHW) has been a leader in financial services for more than three decades. Through advocacy and innovation, the company has worked to make investing more affordable, more accessible and more understandable to all.
Today, Schwab meets the needs of individual and institutional clients through two operating segments:
- Investor Services provides retail brokerage and banking operations to millions of individuals.
- Institutional Services meets "business-to-business" needs through Advisor Services, Retirement Plan Services, Corporate Brokerage Services and Retirement Business Services.
Schwab Facts
- Employees: 12,500 full-time employees
- Executive Management: Founder and Chairman Charles Schwab; President and Chief Executive Officer Walt Bettinger
- History: Charles Schwab and Co., Inc., was launched in 1973, and the company began offering discount brokerage on May 1, 1975.
- Locations: Headquartered in San Francisco, Schwab operates 302 domestic branch offices in 45 states, one branch in Puerto Rico and one branch in London. Hong Kong clients are served through a Schwab subsidiary.
- Social Responsibility: Charles Schwab Foundation makes average annual contributions averaging $4 million to more than 2,300 nonprofit organizations.
- Other Products and Services: Schwab also serves individuals through banking, mutual funds and other financial products and services.
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