Charles Schwab is an American investor and the founder of Charles Schwab Corporation, a leading financial services firm and a pioneer of the discount brokerage industry.
Founded in 1971 as First Commander Corporation, Schwab's company offered the perfect pairing of low prices and efficient executions. It was renamed Charles Schwab & Co. in 1973, and today, it’s the country’s largest publicly-traded investment firm, with over $4 trillion in client assets.
Schwab is often credited with “democratizing” investments, having driven numerous innovations to help people improve their saving and investing. He challenged the industry status quo by doing away with commissions, markups and fees, and front-end loads, basing his business on discount per-trade fees.
Today, Charles Schwab Corp. provides full-service banking and investing to its clients and investors globally. Schwab has served as chairman since its founding, and he was CEO for most of the company’s history until he stepped down in 2008.
Schwab is an active philanthropist as well. Together with his wife, he co-founded The Charles and Helen Schwab Foundation to support organizations in the areas of poverty prevention, education, health, and human services. He also served as chairman of the board for the San Francisco Museum of Modern Art for 10 years until 2018.
In 2008, President George W. Bush appointed Schwab chairman of the President's Advisory Council on Financial Literacy, an initiative that advised the president and the secretary of the treasury on methods to increase financial literacy.
Schwab has also authored several best-selling books, including Invested: Changing Forever the Way Americans Invest; How to Be Your Own Stockbroker; Charles Schwab's Guide to Financial Independence; You're Fifty—Now What?; and It Pays to Talk, co-written with his daughter, Carrie Schwab-Pomerantz.
Schwab earned his B.A. in economics from Stanford University and his M.B.A from the Stanford Graduate School of Business.
How do I contact Charles R Schwab?
The corporate mailing address for Mr. Schwab and other The Charles Schwab executives is 211 MAIN STREET, SAN FRANCISCO CA, 94105. The Charles Schwab can also be reached via phone at 415-667-7000 and via email at [email protected]
Has Charles R. Schwab been buying or selling shares of The Charles Schwab?
During the last ninety days, Charles R. Schwab has sold $33,072,292.00 of The Charles Schwab stock. Most recently, Charles R. Schwab sold 44,380 shares of the business's stock in a transaction on Friday, May 14th. The shares were sold at an average price of $72.00, for a transaction totalling $3,195,360.00.
Are insiders buying or selling shares of The Charles Schwab?
In the last twelve months, The Charles Schwab insiders bought shares 2 times. They purchased a total of 6,490 shares worth mmore than $296,268.02. In the last twelve months, insiders at the financial services provider sold shares 50 times. They sold a total of 4,185,986 shares worth mmore than $238,672,532.19. The most recent insider tranaction occured on May, 14th when Walter W Bettinger CEO bought 49,788 shares worth more than $3,608,136.36. Insiders at The Charles Schwab own 10.8 % of the company.
Information on this page was last updated on 5/14/2021.