Charles Schwab's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Charles Schwab offers a wide range of securities, brokerage, banking, money management and financial advisory services.

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Based on data from Charles Schwab's latest SEC filings

Annual Revenue

Based on data from Charles Schwab's latest SEC filings

Employees

Walter W Bettinger's photo - President & CEO of Charles Schwab

President & CEO

Walter W Bettinger

CEO Approval Rating

67/100

OVERVIEW

Founded:

1973

Headquarters:

San FranciscoCalifornia

Status:

PublicIndependent Company of NYSESCHW

Industry Sector:

- -

Top Competitors or Alternatives

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

T. Rowe Price is a top competitor of Charles Schwab. T. Rowe Price is a Public company that was founded in 1937 in Baltimore, Maryland. T. Rowe Price operates in the Banks industry. Compared to Charles Schwab, T. Rowe Price has 12,619 fewer employees.

TD Ameritrade is seen as one of Charles Schwab's biggest rivals. TD Ameritrade was founded in 1975, and is headquartered in Omaha, Nebraska. TD Ameritrade operates in the Diversified Investment Services industry. TD Ameritrade generates $12.3B less revenue vs. Charles Schwab.

Goldman Sachs is seen as one of Charles Schwab's top competitors. Goldman Sachs was founded in New York, New York} in 1869. Goldman Sachs competes in the Banks industry. Compared to Charles Schwab, Goldman Sachs generates $18.3B more revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Walter W Bettinger

President & CEO

- -
19,500
$0
$17.2B
1

William Stromberg

President & CEO

64/100
7,022
- -
$5.4B
2

Tim Hockey

President & CEO

82/100
9,183
$35.3M
$4.3B
3

David M. Solomon

Chairman & CEO

60/100
36,600
$2.9B
$35.2B
4

Abigail P. Johnson

Chairman & CEO

73/100
40,000
$2.1B
$20.4B
5

Jeffrey J. Brown

CEO

92/100
8,200
$2.4B
$6.1B
6

Michael Pizzi

CEO

80/100
4,000
- -
$2.9B
7

Gregory E. Johnson

Chairman & CEO

65/100
9,700
$194.1M
$7.6B
8

Paul Reilly

Chairman & CEO

77/100
13,900
- -
$1.8B
9

James P. Gorman

Chairman & CEO

63/100
57,633
$10.2B
$39B
10

Lawrence Hughes

CEO

68/100
148
- -
$46.4M

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$17.2B

Charles Schwab's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 12.7B. Over the last three quarters, Charles Schwab's revenue has grown by $12M. Specifically, in Q2 2019's revenue was $2.7B; in Q1 2019, it was $2.7B; in Q4 2018, it was $2.7B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Nov 2003

Source »
$321B
-

These are all the companies that Charles Schwab has acquired. Charles Schwab's latest acquisition was in Nov 2003.

Charles Schwab Funding History

Since Charles Schwab was founded in 1973, it has participated in 1 round of funding. In total Charles Schwab has raised $0. Charles Schwab's funding round was on Sep 1987 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Sep 1987
--

Since Charles Schwab was founded in 1973, it has participated in 1 round of funding. In total Charles Schwab has raised $0. Charles Schwab's funding round was on Sep 1987 for a total of $0

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Pearl.com provides an online platform which allows customers to ask questions and verified experts answer them for a fee.
$25.7M
Aug 10, 2012
Series B
-
Pearl.com provides an online platform which allows customers to ask questions and verified experts answer them for a fee.
$25M
Jun 19, 2012
Series A
-

These are all the companies that Charles Schwab has invested in. Charles Schwab's latest investment was in Nov 2003.

Charles Schwab News

October 11, 2019Forbes

Changing Business Environment Likely To Be A Boon For Schwab, Ameritrade & E-Trade

Charles Schwab, TD Ameritrade, and E-Trade saw their shares fall 10%, 25%, and 16%, respectively, aft... See more »
October 10, 2019Tulsa World

Charles Schwab escalates brokerage-fee war

NEW YORK (AP) - Investors hammered shares of online brokers this month after Charles Schwab escalated... See more »
October 4, 2019etfexpress

Schwab expands low-cost fixed income access with three new ETFs

Charles Schwab Investment Management (CSIM), an asset management arm of The Charles Schwab Corporatio... See more »
October 4, 2019MarketScreener

Schwab Announces Its Fall Business Update

(marketscreener.com) The Charles Schwab Corporation announced today that it has scheduled a Fall Busi... See more »
October 3, 2019Public Wire

E-Trade joins Schwab and TD Ameritrade in the low-commission war

E-Trade announced on Wednesday that they are also eliminating trading commissions on online trades of... See more »

Charles Schwab Blogs

November 10, 2015CHARLES SCHWAB BLOG

Switching Careers: From Defense to Finance

After my four years of active duty in the U.S. Army ended in 2001, I struggled with what to do next. ... See more »
September 8, 2015CHARLES SCHWAB BLOG

5 Toxic Coworkers & How to Deal with Them

Having spent about 20 years in the workforce, I've crossed the paths of quite a menagerie of colleagu... See more »
August 4, 2015CHARLES SCHWAB BLOG

#Joblove: Techniques for Crafting the Job of Your Dreams

In my post A Career... Without College? I shared how I landed in human resources without a formal edu... See more »
July 21, 2015CHARLES SCHWAB BLOG

Time to Get Organized: Steps to Start

Some people are "naturally" organized, some are not. I would place myself in the second category, and... See more »
July 7, 2015CHARLES SCHWAB BLOG

How to Improve Your Online Brand in 7 Days

Let's face it: social media and the internet have taken over our lives! Perceptions and desires that ... See more »
June 9, 2015CHARLES SCHWAB BLOG

Three Reasons to Always Be Networking

As a Schwabbie who landed her current role through networking, I jumped at the chance to share my exp... See more »
May 13, 2015CHARLES SCHWAB BLOG

Tipping the Scale: Finding Balance as a Working Parent

We all play many roles in life. From spouse to child to friend to colleague, most of us are striving ... See more »

Charles Schwab Press Releases

August 21, 2019Business Wire

Balances in Advised Self-Directed Brokerage Accounts Nearly Double Those of Non-Advised Accounts, Says New Schwab Report

SAN FRANCISCO--(BUSINESS WIRE)--According to Charles Schwab's latest SDBA Indicators Report , only 20... See more »
July 29, 2019Business Wire

Schwab Retail Client Sentiment Continues to Lean Bearish, Political Climate Top Concern

SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab today released its Q2 2019 Retail Client Sentiment Rep... See more »
July 25, 2019Business Wire

Charles Schwab Corporation to Acquire Assets of USAA's Investment Management Company

SAN FRANCISCO & SAN ANTONIO--(BUSINESS WIRE)--The Charles Schwab Corporation announced that it has en... See more »
July 11, 2019Business Wire

Schwab's Subscription-Based Financial Planning Service Delivers Strong Early Results

SAN FRANCISCO--(BUSINESS WIRE)--Schwab Intelligent Portfolios Premium Brings in $1 Billion in Assets ... See more »
July 10, 2019PR Newswire

Global X ETFs Announces the Addition of Three Funds to Schwab ETF OneSource

NEW YORK, July 10, 2019 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded... See more »
May 30, 2019Business Wire

Charles Schwab Ranks #1 in Large Plan Segment in J.D. Power Retirement Plan Participant Satisfaction Study for Second Year in a Row

SAN FRANCISCO--(BUSINESS WIRE)--Schwab earned the highest ranking in overall satisfaction in the J.D.... See more »
May 28, 2019Business Wire

Charles Schwab Celebrates Successful First Year as Title Sponsor of the 2019 Charles Schwab Challenge

FORT WORTH, Texas--(BUSINESS WIRE)--Charles Schwab is honored to congratulate Kevin Na on his victory... See more »

Charles Schwab Videos

May 2, 2019Charles Schwab Youtube Channel

"Second Act Careers: Disc Golf" on YOUTUBE

March 5, 2019Charles Schwab Youtube Channel

"A Closer Look at Debt and the Economy" on YOUTUBE

February 25, 2019Charles Schwab Youtube Channel

"Starting Out: Kala" on YOUTUBE

February 1, 2019Charles Schwab Youtube Channel

"What Is a Robo-Advisor?" on YOUTUBE

February 1, 2019Charles Schwab Youtube Channel

"How Do Robo-Advisors Work?" on YOUTUBE

November 5, 2018Charles Schwab Youtube Channel

"How Do Options and Futures Differ?" on YOUTUBE

Social Statistics

Headquarters

211 Main Street

San Francisco, California94105

415-667-7000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Charles Schwab provides a full range of securities, brokerage, banking, money management and financial advisory services. It was founded by Charles R. "Chuck" Schwab in 1973 and headquartered in San Francisco, California with 14,600 employees who sha...

CEO

Charles Schwab's President & CEO, Walter W Bettinger, currently has an approval rating of 67%. Charles Schwab's primary competitors are T. Rowe Price, TD Ameritrade & Goldman Sachs.

Website

schwab.com

Frequently Asked Questions about Charles Schwab

  1. When was Charles Schwab founded?

    Charles Schwab was founded in 1973
  2. Who is Charles Schwab's CEO?

    Charles Schwab's CEO is Walter W Bettinger
  3. How much revenue does Charles Schwab generate?

    Charles Schwab generates $17.2B in revenue
  4. How much funding does Charles Schwab have?

    Charles Schwab has historically raised $0 in funding
  1. Where is Charles Schwab's headquarters?

    Charles Schwab's headquarters is in San Francisco California, USA
  2. How many employees does Charles Schwab have?

    Charles Schwab has 19,500 employees
  3. Who are Charles Schwab's competitors?

    Charles Schwab's top competitors are T. Rowe Price, TD Ameritrade, Goldman Sachs
  4. Who has Charles Schwab invested in?

    Charles Schwab's has invested in companies such as JustAnswer, JustAnswer