The Charles Schwab Corp.
The Charles Schwab Corp. provides securities brokerage, banking, and related financial services to individuals and institutional clients. It operates through two segments: Investor Services and Institutional Services. The Investor Services segment provides retail brokerage and banking services to individual investors. It offers research, analytic tools, performance reports, market analysis, and educational material to its clients. The Institutional Services segment provides custodial, trading, and support services to independent Investment Advisors. This segment also provides retirement plan services, specialty brokerage services and mutual fund clearing services and supports the availability of Schwab proprietary mutual funds and collective trust funds on third-party platforms. The company was founded by Charles R. Schwab in 1986 and is headquartered in San Francisco, CA.