Charles Schwab
Charles Schwab

Charles Schwab

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Charles Schwab High Paying Jobs, Compensation Information and Expert Network Connections

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The Charles Schwab Corporation is an American multinational financial services company. It offers banking, commercial banking, investing and related services including consulting, and wealth management advisory services to both retail and institutional clients. It has over 360 branches, primarily in financial centers in the United States and the United Kingdom. It is the 13th largest banking institution in the United States with over US$6.6 trillion in client assets. It is the third largest asset manager in the world, behind BlackRock and Vanguard. It had 29.0 million active brokerage accounts, 2.1 million corporate retirement plan participants, 1.5 million banking accounts, and $7.57 trillion in client assets as of July 16, 2021. It was founded in San Francisco, California and is headquartered in Westlake, Texas.

Founded as Charles Schwab & Co. in 1971 by its namesake Charles R. Schwab, the company capitalized on the financial deregulation of the 1970s to pioneer discount sales of equity securities. After a flagship opening in Sacramento, the bank expanded into Seattle before the 1980s economic expansion financed the bank's investments in technology, automation, and digital record keeping. The first to offer round-clock order entry and quotation, it was purchased by Bank of America in 1983 for $55 million. Three years later, the profitability of the bank's no-charge mutual funds prompted the founder to buy his company back for $280 million.

Highest paying job titles at Charles Schwab include Software Engineer, Digital Product Manager, and Lead Java Software Engineer

Snapshot

Employees32,400
Market Cap$174.4 billion
Revenue$12.1 billion
5 Year Trendarrow trend up+13.2%
Net Income$3.2 billion
NYSESCHW
Founded1973
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Total value of jobs:
$846,520,000
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Total Jobs:
354
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Average Pay:
$129,082
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Total Experts:
120
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% Masters:
34%

Top Experts at Charles Schwab

Charles Schwab Compensation

Software Engineer

$40K

$225K

Average Compensation:$120,037

Digital Product Manager

$90K

$225K

Average Compensation:$131,763

Lead Java Software Engineer

$90K

$175K

Average Compensation:$121,111

Scrum Master

$80K

$225K

Average Compensation:$122,869

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Top Jobs at Charles Schwab by City