US8085131055 - Common Stock
SCHWAB (CHARLES) CORP
NYSE:SCHW (11/15/2024, 8:04:00 PM)
After market: 80.61 -0.03 (-0.04%)80.64
+0.45 (+0.56%)
The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company is headquartered in Westlake, Texas and currently employs 32,300 full-time employees. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The firm provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, and banking and trust services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, banking and trust, and support services, and retirement business services, to independent registered investment advisors, independent retirement advisors, and recordkeepers. Its products and services include brokerage, mutual funds, exchange-traded funds, advice solutions, alternative investments, banking and trust.
SCHWAB (CHARLES) CORP
3000 Schwab Way
Westlake TEXAS 76262
P: 18178595000
CEO: Walter W. Bettinger II
Employees: 32300
Website: https://www.schwab.com/
The Fed could cut interest rates "slower and shallower" in 2025, according to Charles Schwab strategists.
SCHW's October core net new assets increase on the back of a rise in new brokerage accounts and total client assets.
Rick Wurster says the company’s advisor segment is critical to its growth and asset-gathering prowess.
Style Box ETF report for SCHK
Higher sweep cash balances should enable Schwab to pay down short-term borrowings that have weighed on earnings.
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