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The Charles Schwab Corporation (SCHW)

NYSE - Nasdaq Real Time Price. Currency in USD
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75.85-0.01 (-0.01%)
As of 10:22AM EDT. Market open.
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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 Employees35,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Walter William Bettinger IICEO & Co-Chairman8.59M26.14M1961
Mr. Richard A. Wurster CFA, CMTPres2.4M1.52M1974
Mr. Peter Brooks CrawfordExec. VP, CFO & MD2.33M1.63M1969
Mr. Joseph Raymond Martinetto B.A., M.B.A.MD, Sr. EVP & COO3.21M19.29M1963
Mr. Tim HeierMD & CTON/AN/AN/A
Mr. Richard G. FowlerMD & Head of Investor RelationsN/AN/AN/A
Mr. Peter J. Morgan IIIMD, Gen. Counsel & Corp. Sec.N/AN/A1965
Mr. Joe CarberryMD and Head of Corp. Relations & Institutional MarketingN/AN/AN/A
Mr. Jonathan M. CraigMD & Head of Investor Services and MarketingN/AN/A1972
Ms. Catherine CaseyMD & Head of HRN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate Governance

The Charles Schwab Corporation’s ISS Governance QualityScore as of July 31, 2022 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 a 10 indicates higher governance risk.
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