The Charles Schwab Corporation

Major U.S. brokerage, wealth management, and banking company

What Charles Schwab does

Charles Schwab gives individuals and investment advisors a place to buy and sell stocks, bonds, funds, options and futures. It also offers bank accounts, mortgages, managed portfolios and financial advice. Through its custody and platform services, it holds and administers assets for independent financial advisors.

How Charles Schwab makes money

Schwab earns interest on client cash, bank deposits and margin and mortgage loans, collects asset management and advisory fees on funds and managed portfolios, and charges trading-related and service fees.

Products & services

• Schwab brokerage accounts (equities, fixed income, options, futures, forex)
• Mutual Fund Marketplace & Mutual Fund OneSource
• Schwab banking (checking, savings, mortgages, HELOCs, pledged asset lines)
• Managed portfolios and personalized advisory solutions
• Advisor Services custody for independent advisors
• Equity compensation and retirement plan services