SCHW

The Charles Schwab Corporation (NYSE:SCHW) is one of America's largest financial services companies, founded in 1971 by Charles R. Schwab as a discount brokerage firm that democratized investing by offering low-cost stock trades. Originally headquartered in San Francisco, the company relocated to Westlake, Texas, and has grown through strategic acquisitions and organic expansion to become a comprehensive wealth management and financial services provider. The company's most transformative acquisition was TD Ameritrade in 2020 for $26 billion, which nearly doubled its client base and assets under management. Today, Schwab serves over 35 million client accounts with approximately $8 trillion in client assets, operating through nearly 400 domestic branch offices across 48 states and international locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore.