The Charles Schwab Corporation is an American multinational financial services company founded in San Francisco, California. Headquartered in Westlake, Texas, Charles Schwab is the 13th largest banking institution in the United States with over US$3.3 trillion in client assets (as of 2019). It is the third largest asset manager in the world, behind BlackRock and Vanguard. The firm is known for its electronic trading platforms, investor education, and discount brokerage services, particularly reduced and free trading commission charges.
