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The Charles Schwab Corporation (SCHW)


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The Charles Schwab Corporation

211 Main Street
San Francisco, CA 94105
United States
415-667-7000
http://www.aboutschwab.com

SectorFinancial
IndustryInvestment Brokerage - National
Full Time Employees16,500

Key Executives

NameTitlePayExercisedAge
Mr. Walter W. Bettinger IIChief Exec. Officer, Pres and Director11.8M39.57M57
Mr. Joseph R. MartinettoSr. Exec. VP4.33M3.45M55
Mr. Bernard J. ClarkExec. VP of Advisor Services3.56M3.42M59
Ms. Marie A. ChandohaCEO of Charles Schwab Investment Mgmt Inc and Pres of Charles Schwab Investment Mgmt Inc3.89M2.93M55
Mr. Peter CrawfordChief Financial OfficerN/AN/A48
Amounts are as of December 31, 2016 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, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates through 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; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business. The Advisor Services segment provides custodial, trading, and support services; and retirement and corporate brokerage retirement services. The company provides brokerage accounts with cash management capabilities; third-party mutual funds through the Mutual Fund Marketplace, including no-transaction fee mutual funds through the Mutual Fund OneSource service, which includes proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; exchange-traded funds (ETFs), including proprietary and third-party ETFs; and 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. It also offers banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and 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, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

Corporate Governance

The Charles Schwab Corporation’s ISS Governance QualityScore as of June 2, 2017 is 9. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 9; Compensation: 9.

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.