Charles R. Schwab founded an investment newsletter named Investment Indicator in 1963 and the firm incorporated in 1971 as First Commander Corporation, a wholly-owned subsidiary of Commander Industries..
In 1972 Schwab bought out all the common stock of Commander Industries and changed the name of the company to Charles Schwab & Co., Inc.
Today the company is a broker that offers traditional brokerage services as well as financial research, advice, planning, investment management, retirement, and employee compensation plans.
Charles Schwab manages $2.3 trillion in assets for 10.5 million individual investors and institutional clients.
The company trades publicly on the New York Stock Exchange under the ticker symbol SCHW, is a member of the S&P 500, is #459 in the Fortune 500, has 16,200 employees and had $7.478 billion in revenue in 2016.
The Charles Schwab CorporationCharles R. Schwab founded an investment newsletter named Investment Indicator in 1963 and the firm incorporated in 1971 as First Commander Corporation, a wholly-owned subsidiary of Commander Industries..
In 1972 Schwab bought out all the common stock of Commander Industries and changed the name of the company to Charles Schwab & Co., Inc.
Today the company is a broker that offers traditional brokerage services as well as financial research, advice, planning, investment management, retirement, and employee compensation plans.
History
Charles Schwab manages $2.3 trillion in assets for 10.5 million individual investors and institutional clients.
The company trades publicly on the New York Stock Exchange under the ticker symbol SCHW, is a member of the S&P 500, is #459 in the Fortune 500, has 16,200 employees and had $7.478 billion in revenue in 2016.