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Charles Schwab company logo
Corporation
FINANCE | Asset/Financial Management
schwab.com

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Investments

17

Portfolio Exits

10

Partners & Customers

10

About Charles Schwab

Charles Schwab is an investment services firm that provides brokerage, banking and other financial products and services directly to individuals. It also serves independent investment advisors, helps employers manage group retirement plans, and sponsor community programs to build financial literacy.

Charles Schwab Headquarter Location

211 Main Street

San Francisco, California, 94105,

United States

415-636-7000

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Expert Collections containing Charles Schwab

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Charles Schwab in 1 Expert Collection, including Fortune 500 Investor list.

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Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Charles Schwab Web Traffic

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Page Views per Million (PVPM)
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Charles Schwab Rank

Research containing Charles Schwab

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CB Insights Intelligence Analysts have mentioned Charles Schwab in 5 CB Insights research briefs, most recently on Jul 8, 2021.

Latest Charles Schwab News

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages The Charles Schwab Corporation Investors to Inquire About Securities Class Action Investigation - SCHW

Jul 1, 2022

News provided by Share this article NEW YORK, July 1, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Charles Schwab Corporation (NYSE: SCHW ) resulting from allegations that Schwab may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Schwab securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=6945 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. WHAT IS THIS ABOUT: On July 1, 2021, Schwab disclosed that the Company had been "responding to an investigation by the U.S. Securities and Exchange Commission (SEC) arising from a compliance examination." The investigation primarily concerned "historic disclosures related to the Schwab Intelligent Portfolios® (SIP) digital advisory solution." Schwab further disclosed its "second quarter 2021 financial results will include a liability and related non-deductible charge of $200 million." On this news, Schwab's share price dropped $0.77 per share, or approximately 1%, to close at $72.80 on July 2, 2021. On June 13, 2022, the SEC announced that it "charged three Charles Schwab investment adviser subsidiaries" who "agreed to pay $187 million to harmed clients to settle the charges." The SEC charged Schwab with misleading investors that used its robo-adviser product, Schwab Intelligent Portfolios. Instead of the touted "disciplined portfolio construction methodology" that sought "optimal return[s]", Schwab's "own data showed that under most market conditions, the cash in the portfolios would cause clients to make less money even while taking on the same amount of risk." On this news, Schwab's share price dropped $1.98 per share, or approximately 3%, to close on June 13, 2022 at $60.24. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:

Charles Schwab Investments

17 Investments

Charles Schwab has made 17 investments. Their latest investment was in MEMX as part of their Seed on January 1, 2019.

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Charles Schwab Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/7/2019

Seed

MEMX

$70M

Yes

4

7/12/2016

Debt

Opportunity Fund

$27M

Yes

1

8/25/2015

Line of Credit

Century Housing

$100M

Yes

1

12/2/2009

Series D - II

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$99M

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10

12/8/2008

Series D

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$99M

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0

Date

1/7/2019

7/12/2016

8/25/2015

12/2/2009

12/8/2008

Round

Seed

Debt

Line of Credit

Series D - II

Series D

Company

MEMX

Opportunity Fund

Century Housing

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Amount

$70M

$27M

$100M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

4

1

1

10

0

Charles Schwab Portfolio Exits

10 Portfolio Exits

Charles Schwab has 10 portfolio exits. Their latest portfolio exit was Charles Schwab - PortfolioCenter on February 28, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/28/2019

Divestiture

Charles Schwab - PortfolioCenter

$99M

1

7/18/2011

Acquired

$99M

10/9/2008

Acq - P2P

$99M

11/21/2006

Acquired

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$99M

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0

11/20/2006

Acquired

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$99M

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10

Date

2/28/2019

7/18/2011

10/9/2008

11/21/2006

11/20/2006

Exit

Divestiture

Acquired

Acq - P2P

Acquired

Acquired

Companies

Charles Schwab - PortfolioCenter

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

0

10

Charles Schwab Acquisitions

9 Acquisitions

Charles Schwab acquired 9 companies. Their latest acquisition was Motif Investing on May 07, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/7/2020

Series E+

$99M

$126M

Asset Sale - II

3

2/24/2020

Other

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$99M

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10

11/21/2019

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$99M

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10

7/25/2019

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$99M

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10

12/18/2012

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$99M

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10

Date

5/7/2020

2/24/2020

11/21/2019

7/25/2019

12/18/2012

Investment Stage

Series E+

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$126M

Note

Asset Sale - II

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Sources

3

10

10

10

10

Charles Schwab Partners & Customers

10 Partners and customers

Charles Schwab has 10 strategic partners and customers. Charles Schwab recently partnered with Fidelity Investments on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/8/2022

Partner

United States

1

2/7/2022

Partner

United States

1

12/17/2021

Partner

United States

Charles Schwab (SCHW) to Tap T Rowe's (TROW) NTF Funds

Charles Schwab has entered into a strategic partnership with T. Rowe Price , under which advisors who custody their clients ' assets on the Charles Schwab 's platform can access a large spectrum of lowest-cost institutional share class funds from TROW without any transaction fee .

1

1/29/2021

Partner

United States

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0

9/18/2020

Partner

United States

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10

Date

6/8/2022

2/7/2022

12/17/2021

1/29/2021

9/18/2020

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Charles Schwab (SCHW) to Tap T Rowe's (TROW) NTF Funds

Charles Schwab has entered into a strategic partnership with T. Rowe Price , under which advisors who custody their clients ' assets on the Charles Schwab 's platform can access a large spectrum of lowest-cost institutional share class funds from TROW without any transaction fee .

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Sources

1

1

1

0

10

Charles Schwab Team

50 Team Members

Charles Schwab has 50 team members, including current Managing Director, Catherine Berman.

Name

Work History

Title

Status

Catherine Berman

Managing Director

Current

David Grant

Chief Executive Officer, Managing Director

Former

David Pottruck

Chief Executive Officer

Former

David Fisher

President

Former

Richard Arnold

Chief Financial Officer, Executive Vice President

Former

Name

Catherine Berman

David Grant

David Pottruck

David Fisher

Richard Arnold

Work History

Title

Managing Director

Chief Executive Officer, Managing Director

Chief Executive Officer

President

Chief Financial Officer, Executive Vice President

Status

Current

Former

Former

Former

Former

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