All Brands Owned by The Charles Schwab Corporation

Is Charles Schwab publicly traded?
Yes. The Charles Schwab Corporation trades on the New York Stock Exchange under the ticker SCHW. Founder Charles Schwab is co-chairman and the largest individual shareholder, but no single holder controls the company.

When was Charles Schwab founded?
The company was founded in 1971 in San Francisco by Charles R. Schwab as First Commander Corporation, renamed Charles Schwab & Co. in 1973. It became a discount brokerage pioneer after the SEC abolished fixed commissions in May 1975.

Who owns Charles Schwab now?
Schwab is owned by its public shareholders. Major institutional investors including Vanguard and BlackRock hold large stakes, and founder Charles Schwab remains the biggest individual shareholder. Toronto-Dominion Bank's stake from the TD Ameritrade merger was sold in 2025.

Does Schwab own TD Ameritrade?
Yes. Schwab acquired TD Ameritrade in an all-stock transaction that closed in October 2020 for approximately $22 billion. The TD Ameritrade brand was retired after client accounts and the thinkorswim platform completed migration to Schwab in 2023 and 2024.

Who is the CEO of Charles Schwab?
Rick Wurster has been president and chief executive officer since January 1, 2025. He succeeded Walt Bettinger, who led the company from 2008 through the end of 2024. Wurster joined Schwab in 2016.

Where is Charles Schwab headquartered?
Charles Schwab is headquartered in Westlake, Texas, a suburb of Fort Worth. The company moved its headquarters from San Francisco, where it was founded, to Texas in 2021.