Charles Schwab is a banking and brokerage company in America that was founded by Charles R in 1971 as a traditional mortar and brick brokage company. It is based in San Francisco, California. The company changed its name in 1973 to Charles Schwab & Co. from First Commander Corporation. On 1st May 1975, the company began offering discount brokage and later entered the category of the principal discount brokers in the world (Kador 64).
The company has four major divisions that include wealth management, banking, trading and investing. It serves about 7.9 million accounts of client brokage with about 1.65 trillion ...