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The Charles Schwab Corporation (SCHW)

NYSE - Nasdaq Real-time price. Currency in USD
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88.71-0.49 (-0.55%)
At close: 04:00PM EST
88.65 -0.06 (-0.07%)
After hours: 07:59PM EST

The Charles Schwab Corporation

3000 Schwab Way
Westlake, TX 76262
United States
817 859 5000
https://www.schwab.com

Sector(s)Financial Services
IndustryCapital Markets
Full-time employees33,400

Key executives

NameTitlePayExercisedYear born
Mr. Walter William Bettinger IICEO & Director5.46MN/A1961
Mr. Peter Brooks CrawfordCFO & MD1.52M256.95k1969
Mr. Joseph Raymond Martinetto B.A., M.B.A.MD & COO2.01MN/A1963
Mr. Jonathan M. CraigMD & Head of Investor Services and Marketing1.79M1.01M1972
Mr. Rick A. Wurster CFA, CMTPresN/AN/AN/A
Mr. Tim HeierMD & CTON/AN/AN/A
Mr. Richard G. FowlerSr. VP of Investor RelationsN/AN/AN/A
Mr. Peter J. Morgan IIIMD, Gen. Counsel & Corp. Sec.N/AN/A1965
Mr. Joe CarberrySr. VP of Corp. CommunicationsN/AN/AN/A
Ms. Catherine CaseyMD & Head of HRN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Charles Schwab Corporation, through 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 and banking services, retirement plan services, 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, retirement plan, and mutual fund clearing services. 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 cash management capabilities; third-party mutual funds, as well as proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; 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. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

Corporate governance

The Charles Schwab Corporation’s ISS governance QualityScore as of 26 September 2021 is 9. The pillar scores are Audit: 7; Board: 10; Shareholder rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.