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Charles Schwab
Rank #186

Charles Schwab

$10013.9B

Woodside, California, United States

Finance & Investments

Biography

Charles Schwab is chairman and founder of the brokerage firm that bears his name.

The company averages 6 million trades per day across 33 million client accounts worth $7.8 trillion.

Schwab was CEO of the business until 2008 and still owns about 7% of its stock.

He founded the firm as a traditional brick-and-mortar brokerage in 1971, with $100,000 borrowed from his uncle.

The business really took off when Schwab started charging half of what full-service brokers did, after an SEC deregulation of brokerage commissions.

Financial Assets

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 112,343,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 181,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 121,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 78,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 72,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 71,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 67,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 62,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 95,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 55,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 180,000

Charles Schwab Corp.

NYSE: SCHW-US

Shares: 37,000

Local Bounti Corp

NYSE: LOCL-US

Shares: 11,825,000