The Charles Schwab Corporation (SCHW-PJ) NYSE

17.57

-0.06(-0.34%)

Updated at June 02 04:00PM

Currency In USD

Key Executives

Name	Title	Pay	Year Born
Richard A. Wurster	Chief Executive Officer, President & Director	6.07M	1974
Jonathan Craig	MD, Head of Investor Service & Head of Retail Investing	2.77M	1972
Charles Robert Schwab	Founder & Co-Chairman	3.54M	1937
Michael Verdeschi	MD & Chief Financial Officer	3.77M	1969
Jeff Edwards	MD & Head of Investor Relations	0	N/A
Peter J. Morgan	MD, General Counsel & Corporate Secretary	0	1965
Stacy Hammond	MD & Chief Marketing Officer	0	N/A
Nigel J. Murtagh	MD & Chief Risk Officer	0	1964
Tim Heier	MD & Chief Technology Officer	0	N/A
Lisa Kidd Hunt	MD & Head of International Services	0	N/A
Shannon Jurecka	Managing Director & Chief Administrative Officer	0	1970

Name

Title

Pay

Year Born

Richard A. Wurster

Chief Executive Officer, President & Director

6.07M

1974

Jonathan Craig

MD, Head of Investor Service & Head of Retail Investing

2.77M

1972

Charles Robert Schwab

Founder & Co-Chairman

3.54M

1937

Michael Verdeschi

MD & Chief Financial Officer

3.77M

1969

Jeff Edwards

MD & Head of Investor Relations

N/A

Peter J. Morgan

MD, General Counsel & Corporate Secretary

1965

Stacy Hammond

MD & Chief Marketing Officer

N/A

Nigel J. Murtagh

MD & Chief Risk Officer

1964

Tim Heier

MD & Chief Technology Officer

N/A

Lisa Kidd Hunt

MD & Head of International Services

N/A

Shannon Jurecka

Managing Director & Chief Administrative Officer

1970

Description

The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor and mutual fund clearing services, as well as compliance solutions. The Advisor Services segment offers custodial, trading, banking, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with equity and fixed income, margin lending, options, and futures and forex trading; cash management capabilities comprising third-party certificates of deposit; third-party and proprietary mutual funds; plus mutual fund trading and clearing services; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. As of December 31, 2021, the Company had approximately 400 domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.