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Charles Schwab (brokerage) - Definition and Overview |
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Charles_Schwab_logo.png Charles Schwab
The Charles Schwab Corporation (NYSE: SCH (http://www.nyse.com/about/listed/lcddata.html?ticker=SCH)) is the world's largest discount broker. It now offers the same traditional brokerage services it shunned some 25 years ago. Schwab serves some 7.5 million individual and institutional clients from some 300 offices in the U.S. Traders can access its services via telephone, wireless device, and the Internet. Besides discount brokerage, the firm offers mutual funds, annuities, bond trading, and now mortgages through its Charles Schwab Bank. Other Schwab holdings include U.S. Trust, which provides asset management, and CyberTrader, a direct access broker.
Management
CEO: Charles R. (Chuck) Schwab
Diversity
Charles Schwab received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004, the third year of the report.
External links
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Example Usage of (brokerage) |
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