Richard A. Wurster net worth and biography

Richard Wurster Biography and Net Worth

President of Charles Schwab
Rick Wurster was appointed President of The Charles Schwab Corporation in October 2021. In his role, Wurster oversees Investor Services, Advisor Services, Workplace Financial Services, Digital Services, Schwab Asset Management, Third-Party Platforms, and Investor Advice Solutions. He is also CEO of Charles Schwab Investment Management, Inc. (CSIM).

Wurster joined Schwab in early 2016. He was most recently head of Schwab Asset Management Solutions which provided money management and portfolio advice solutions, wealth management services, financial research, and market insights. He previously served as CEO of Charles Schwab Investment Advisory, Inc. (CSIA), as well as CEO of ThomasPartners, Inc. and Windhaven Investment Management, Inc. prior to their integration into CSIA.

Before joining Schwab, Wurster was employed at Wellington Management and McKinsey & Company where he was a leader of the asset management practice and an Associate Principal.

Wurster earned a Master of Business Administration from The Tuck School of Business at Dartmouth College and a Bachelor of Science in economics from Villanova University. He holds both the Chartered Financial Analyst® (CFA) and Chartered Market Technician® (CMT) designations. He also serves on the investment committees for the San Francisco Museum of Modern Art and the Menlo Park-Atherton Education Foundation, as well as the Board of Governors for First Tee.

How old is Richard A. Wurster?

Mr. Wurster is currently 48 years old. There are 5 older executives and no younger executives at Charles Schwab. The oldest executive at Charles Schwab is Mr. Walter William Bettinger II, CEO & Co-Chairman, who is 61 years old. Learn More on Richard A. Wurster's age.

How do I contact Richard A. Wurster?

The corporate mailing address for Mr. Wurster and other Charles Schwab executives is 211 MAIN STREET, SAN FRANCISCO CA, 94105. Charles Schwab can also be reached via phone at (817) 859-5000 and via email at [email protected] Learn More on Richard A. Wurster's contact information.

Has Richard A. Wurster been buying or selling shares of Charles Schwab?

Richard A. Wurster has not been actively trading shares of Charles Schwab within the last three months. Most recently, Richard A. Wurster sold 61,423 shares of the business's stock in a transaction on Wednesday, February 9th. The shares were sold at an average price of $94.62, for a transaction totalling $5,811,844.26. Learn More on Richard A. Wurster's trading history.

Who are Charles Schwab's active insiders?

Charles Schwab's insider roster includes Walter Bettinger (CEO), Marie Chandoha (CEO), Bernard Clark (EVP), Jonathan Craig (EVP), Peter Crawford (CFO), Joan Dea (Director), Christopher Dodds (Director), Mark Goldfarb (Director), William Haraf (Director), Terri Kallsen (EVP), Joseph Martinetto (COO), Stephen McLin (Director), Peter Morgan, III (EVP), Nigel Murtagh (EVP), Charles Ruffel (Director), Charles Schwab (Chairman), Paula Sneed (Director), Roger Walther (Director), and Richard Wurster (President). Learn More on Charles Schwab's active insiders.

Are insiders buying or selling shares of Charles Schwab?

In the last twelve months, Charles Schwab insiders bought shares 3 times. They purchased a total of 104,169 shares worth more than $7,081,708.31. In the last twelve months, insiders at the financial services provider sold shares 45 times. They sold a total of 2,213,563 shares worth more than $180,867,549.32. The most recent insider tranaction occured on August, 12th when insider Jonathan M Craig sold 8,032 shares worth more than $602,400.00. Insiders at Charles Schwab own 6.9 % of the company. Learn More about insider trades at Charles Schwab.

Information on this page was last updated on 8/12/2022.

Richard A. Wurster Insider Trading History at Charles Schwab

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/9/2022Sell61,423$94.62$5,811,844.26View SEC Filing Icon  
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Richard A. Wurster Buying and Selling Activity at Charles Schwab

This chart shows Richard A Wurster's buying and selling at Charles Schwab by year and by quarter.

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Charles Schwab Company Overview

Charles Schwab logo
The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor and mutual fund clearing services, as well as compliance solutions. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with equity and fixed income, margin lending, options, and futures and forex trading; cash management capabilities comprising third-party certificates of deposit; third-party and proprietary mutual funds; plus mutual fund trading and clearing services; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. As of December 31, 2021, the Company had approximately 400 domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.
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Today's Range

Now: $70.89
Low: $69.81
High: $71.33

50 Day Range

MA: $70.49
Low: $61.17
High: $77.18

2 Week Range

Now: $70.89
Low: $59.35
High: $96.24

Volume

7,988,600 shs

Average Volume

8,203,142 shs

Market Capitalization

$128.86 billion

P/E Ratio

23.32

Dividend Yield

1.24%

Beta

1.07