Charles Schwab Corp.

Public Company, Headquarters Location
211 Main St., San Francisco, CA 94105-1905, United States
(415)636-7000, http://www.schwab.com

Primary SIC: Security Brokers And Dealers, Primary NAICS: Securities Brokerage
Description: The Charles Schwab Corporation, headquartered in San Francisco, California, was incorporated in 1986. The company engages in securities brokerage, banking and related financial services. As of December 31, 2008, the company had 7.4 million active brokerage accounts, 1.4 million corporate retirement plan participants and 447,000 banking accounts. Significant subsidiaries include Charles Schwab & Co., Inc. (Schwab), Charles Schwab Bank (Schwab Bank) and Charles Schwab Investment Management, Inc. (CSIM). Incorporated in 1971, Schwab is a securities broker-dealer with 306 branch offices in 45 states. It also operates branches in Puerto Rico and London, U.K., and serves clients in Hong Kong. Schwab Bank commenced operations in 2003 as a federal savings bank located in Reno, Nevada. CSIM is the investment advisor for Schwab's proprietary mutual funds, which are referred to as the Schwab Funds. Charles Schwab provides financial services to individuals and institutional clients through three segments - investor services, advisor services and corporate and retirement services. The investor services segment includes the company's retail brokerage and banking operations. The advisor services segment provides custodial, trading and support services to independent investment advisors. The corporate and retirement services segment provides retirement plan services for employers and employees as well as support services for plan administrators.Finance: Holding company for securities brokerage and related financial services.