Tradable Securitiesīeing a full-service provider, Charles Schwab offers a wide range of services and products. Over the years, Charles Schwab has sought to uphold this strategy.Īs such, it has always regularly slashed fees on mutual funds, account fees, ETFs and lowered base commission to become one of the cheapest options in the industry. At the time, the main aim was to offer much lower commissions than other brokerages in the industry. The brokerage came into existence not long after the deregulation of commission prices. The brand caters to at least 11 million active brokerage accounts, around 1.7 million participants in retirement plans as well as 1.3 million in banking accounts. It is in these locations where you can meet with an advisor face to face.Īccording to its official website, the company runs with the aim of helping ‘People achieve better financial outcomes.’ To achieve this, Charles Schwab offers traders a full-service approach to investment, coupling the best of what technology and investors have to offer.Īs a reputable brand in the business, Charles Schwab currently boasts more than $3.5 million in total client assets. The stock broker is headquartered in San Francisco, California and has more than 300 locations in the United States. It was launched in 1975 by its namesake chairman, Charles Schwab. Often regarded as the pioneer of today’s discount brokerage model, Charles Schwab has been in the business longer than most. 68% of retail investor accounts lose money when trading CFDs with this provider.