Charles Schwab
Charles Schwab is the Founder and Co-Chairman of Charles Schwab & Co., one of the largest and most influential financial services firms in the United States. Since pioneering the discount brokerage model in 1975, the company has grown into the country’s leading discount securities dealer. Although Schwab stepped down as CEO in 2008, he remains Chairman and the company’s largest shareholder. Today, Charles Schwab & Co. manages over 36 million client accounts, executes more than 5 million trades daily, and oversees $9.4 trillion in assets. Widely recognized as a transformative figure in the financial industry, Schwab is credited with democratizing investing by making financial markets more accessible to individual investors. Beyond his business achievements, he is also deeply committed to philanthropy, with a strong focus on education and entrepreneurship.
Charles Schwab Professional Experience / Academic History
Professional Experience
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Founder and Chairman
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Chief Executive Officer
Academic History
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Master of Business Administration
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B.A., Economics
CURRENT AFFILIATIONS
Founder and Chairman, Charles Schwab & Co.
Co-Founder and Chairman, Charles and Helen Schwab Foundation
Chairman, San Francisco Museum of Modern Art
CHARLES SCHWAB & CO.
Schwab has been Chairman of The Charles Schwab Corporation since its inception and has served as CEO for most of its history until 2008.
He served as Chairman and Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust, all registered investment companies, through 2015.
Under his leadership, Schwab took an early lead in the industry, offering a combination of low prices and fast, efficient order executions, and soon became the nation's largest discount broker.
Today, the company has expanded from its roots as a discount brokerage and provides a full-service investing and banking experience to clients domestically and abroad, serving 36.2 million accounts.
PHILANTHROPY
In addition to his professional commitments, Schwab takes an active interest in a variety of volunteer and non-profit activities.
He supports entrepreneurial organizations working in education, poverty prevention, human services, and health.