SCHWAB CHARLES CORP
The Charles Schwab Corporation is a savings and loan holding company that provides financial services through its subsidiaries. The company was founded in 1971 and is headquartered in Westlake, Texas. Schwab offers a range of products and services through intuitive end-to-end solutions to individual investors and institutions. Its business strategy emphasizes placing clients' perspectives, needs, and desires at the forefront and disrupting industry practices to provide a better investing experience. Schwab operates through two business segments: Investor Services and Advisor Services. The Investor Services segment includes retail brokerage, wealth management, asset management, custody, and financial advisory services for individual investors and businesses. The Advisor Services segment provides custodial, trading, banking, and support services to independent registered investment advisors (RIAs) and their clients. Schwab's major sources of revenue include net interest revenue, asset management and administration fees, trading revenue, and bank deposit account fees. The company is subject to extensive regulation under federal and state laws and is regulated by the Board of Governors of the Federal Reserve System. Schwab's website is schwab.com, and its ticker symbol is SCHW.