When was Charles Schwab founded?

Charles Schwab was founded in 1971 and raised its 1st funding round 28 years after it was founded.

Where is Charles Schwab located?

Charles Schwab is headquartered in El Paso, United States. It is registered at San Francisco, California.

Who is the current CEO of Charles Schwab?

Walt Bettinger of Charles Schwab.

How many employees does Charles Schwab have?

As of Mar 31, 2026, the latest employee count at Charles Schwab is 34091.

Is Charles Schwab a funded company?

Charles Schwab is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on 1999.

When was the latest funding round of Charles Schwab?

Charles Schwab's latest funding was a $***** Series A round on 1999, with participation from 1 investor.

What is the annual revenue of Charles Schwab?

Annual revenue of Charles Schwab is $23.9B as on Dec 31, 2025.

Where does Charles Schwab rank among its competitors?

Charles Schwab ranks 10th amongst 6376 active competitors, of which 189 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Citi, which secured $165M in May, 2025.

Who are the top competitors of Charles Schwab?

Charles Schwab's top competitors include Truist, Citi and Bank of America. Among them, Citi secured the most recent funding round in May, 2025.

Charles Schwab - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Website: www.schwab.com/
Social
Phone Number: +1 **********
Registered Address: San Francisco, California

Key Metrics

Founded Year

1971

Location

El Paso, United States

Stage

Public

Latest Funding Round

Series A, 1999, $*****

Investors

AirTree & 3 more

Ranked

10^th among 6376 active competitors

Annual Revenue

$23.9B as on Dec 31, 2025

Employee Count

34,091 as on Mar 31, 2026

Investment & Acquisitions

Wealth & 15 more

Similar Companies

BMO & 18745 more

Exit Details

Public

View Charles Schwab's full profile

Charles Schwab is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CHARLES SCHWAB BANK CIN: 810625169 , Belgium, Active	Dec 26, 999	-	-	-
THE CHARLES SCHWAB CORPORATION CIN: 943025021 , United States, Active	Dec 31, 1999	-	32145 (As on Dec 31, 2024)	-
Charles Schwab Services India Private Limited CIN: U62099TS2025FTC203475 , India, Active	Sep 04, 2025	-	-
SCHWAB CHARLES CORP CIN: 316709 , United States, Active		$23.9B (As on Dec 31, 2025)	33000 (As on Dec 31, 2023)	-

Charles Schwab got listed on Sep 25, 1987.

Click here to take a look at Charles Schwab's IPO in detail

Charles Schwab has raised funding over 1 round. Its latest funding round was a Series A round on 1999 for $*****. 1 investor participated in its latest round. Charles Schwab has 4 institutional investors.

Here is the list of recent funding rounds of Charles Schwab:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
1999	1089	Series A	5404	4100	8974	5531

Access funding benchmarks and valuations. Sign up today!

View details of Charles Schwab's funding rounds and investors

The founders of Charles Schwab is Charles R Schwab. Walter W. Bettinger is the CEO of Charles Schwab.

Here are the details of Charles Schwab's key team members:

Charles R Schwab: Founder of Charles Schwab and founder of 1 other company.
Contact Info: 2 email addresses
Walt Bettinger: CEO of Charles Schwab.
Contact Info: 1 email address

View details of Charles Schwab's Founder profiles and Board Members

Charles Schwab's employee count trend

Charles Schwab has 34,091 employees as of Mar 26. Here is Charles Schwab's employee count trend over the years:

Uncover Charles Schwab's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Charles Schwab include Truist, Citi and Bank of America. Here is the list of Top 10 competitors of Charles Schwab, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Truist 1872, Charlotte (United States), Acquired	Commercial Bank that also provides other wealth management services	$900K	Bay Capital Investment Partners, CDVCA & 5 others	78/100
2nd	Citi 1812, New York City (United States), Public	Provider of financial services including banking, markets, international, and wealth management	-	Berkshire Hathaway, B Capital Fund & 6 others	78/100
3rd	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
4th	KeyBank 1849, Cleveland (United States), Public	Provider of personal banking, small business, and wealth management services	-	Aurum Venture Partners, Caltius Capital Management ... & 3 others	77/100
5th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	76/100
6th	Citizens Bank 1828, Providence (United States), Public	Commercial bank	-	SAFE Security, First National Bank of Decatur	75/100
7th	Capital One 1988, Mclean (United States), Public	Provider of loans, credit cards, and savings services	-	Four Rivers, Catapult & 1 others	75/100
8th	United Bank for Africa 1949, Lagos (Nigeria), Public	Commercial bank	$7M	Musa Capital, Heirs Holdings & 1 others	75/100
9th	J P Morgan 1799, New York City (United States), Public	Provider of financial services for corporations and individuals	-	Berkshire Hathaway, Bondeinvest.com & 10 others	74/100
10th	Charles Schwab 1971, El Paso (United States), Public	Commercial bank	-	Benson Family Private Equity, World Capital Holdings Group ... & 2 others	73/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Charles Schwab's competitors? Click here to see the top ones

Charles Schwab has made 11 investments in companies including Wealth and Dynasty. Charles Schwab has also acquired 5 companies including Wasmer Schroeder and TD Ameritrade.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 16, 2026	Investments	Wealth	2021	Tempe (United States)
Feb 09, 2026	Investments	Dynasty	2010	St. Petersburg (United States)
Oct 09, 2025	Investments	Qapita	2019	Singapore (Singapore)