Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Who owns Charles Schwab? SCHW Stock Ownership - TipRanks.com? ›
The ownership structure of Charles Schwab (SCHW) stock is a mix of institutional, retail and individual investors. Approximately 61.78% of the company's stock is owned by Institutional Investors, 6.09% is owned by Insiders and 32.13% is owned by Public Companies and Individual Investors.
Who owns Charles Schwab stock? ›Largest shareholders include Toronto Dominion Bank, Vanguard Group Inc, BlackRock Inc., Dodge & Cox, Price T Rowe Associates Inc /md/, State Street Corp, DODGX - Dodge & Cox Stock Fund, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Jpmorgan Chase & Co, and VFINX - Vanguard 500 Index Fund Investor ...
Who is the parent company of Schwab? ›Schwab and CSIM are subsidiaries of The Charles Schwab Corporation. 26. Schwab Intelligent Income is available in both Schwab Intelligent Portfolios and Schwab Intelligent Portfolios Premium.
Who are the shareholders of Charles Schwab investment Management? ›| Name | Equities | % |
|---|---|---|
| BlackRock Advisors LLC 4.173 % | 73,999,298 | 4.173 % |
| T. Rowe Price International Ltd. 3.911 % | 69,360,233 | 3.911 % |
| STATE STREET CORPORATION 3.460 % | 61,360,309 | 3.460 % |
| JPMorgan Investment Management, Inc. 2.441 % | 43,294,332 | 2.441 % |
| The company's U.S. East Coast headquarters at the CBS Building in Manhattan | |
|---|---|
| Total assets | US$493.2 billion (2023) |
| Total equity | US$40.96 billion (2023) |
| Owner | Toronto-Dominion Bank (9.9%) Charles R. Schwab (6.1%) |
| Number of employees | c. 33,000 (2023) |
ownership in SCHW / The Charles Schwab Corporation. 2024-01-31 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 96,697,577 shares of The Charles Schwab Corporation (US:SCHW). This represents 5.5 percent ownership of the company.
Is Charles Schwab a Republican? ›Political and economic views
Schwab is a Republican, who has donated heavily to the party (including the National Republican Senatorial Committee and the National Republican Congressional Committee). Schwab opposes a wealth tax.
Charles Schwab & Co., Inc., Charles Schwab Bank, SSB, Charles Schwab Premier Bank, SSB and Charles Schwab Trust Bank are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.
Who is the billionaire Schwab? ›Schwab is the chairman of Charles Schwab Corp., a discount brokerage that has about $8.5 trillion in client assets. The Raonoke, Texas-based business was founded by Schwab in 1971 has been publicly traded for more than three decades.
How financially stable is Charles Schwab? ›Fitch Ratings - Chicago - 29 Jan 2024: Fitch Ratings has affirmed The Charles Schwab Corporation's (Schwab) Long- and Short-Term Issuer Default Ratings (IDRs) at 'A'/'F1', and its Viability Rating (VR) at 'a'. The Rating Outlook is Stable.
Does Bank of America own Schwab? ›
Charles Schwab and Bank of America
U.S. Trust was acquired in May 2000 for $2.7 billion in stock, making it a wholly owned subsidiary of Charles Schwab & Co.
Charles Michael Schwab was the eldest of Pauline and John Schwab's eight children, three of whom died in infancy. Charlie was born in Williamsburg, and the family later moved to the small Catholic village of Loretto, Pennsylvania.
What is the Charles Schwab bank controversy? ›Yield-hungry customers moved money into options like money-market funds. Since early 2022, Schwab has lost some $175 billion in bank deposits, or nearly 40% of what it held at its peak. Trading activity also stalled, since customers could make robust returns just parking their money in cash-like investments.
Who is Charles Schwab's wife? ›Charles Schwab has been married to Helen O'Neill since May 20, 1972. They have two children.
How much money does Charles Schwab have under management? ›In 2020, Charles Schwab acquired TD Ameritrade, adding approximately 12 million client accounts, $1.3 trillion in client assets, and $5 billion in annual revenue. 2 As of February 2023, Schwab held $7.38 trillion in assets under management (AUM).
Who merged with Charles Schwab? ›Charles Schwab Boosts Its Online Brokerage With Big TD Ameritrade Deal. In November 2019, Charles Schwab announced its acquisition of TD Ameritrade for $26 billion. The deal closed a year later.
Is Charles Schwab a private company? ›Headquartered in San Francisco • More than 360 branches in 45 U.S. states plus a branch each in London and Puerto Rico. Hong Kong is served through a subsidiary. Charles Schwab is traded publicly on the New York Stock Exchange under the ticker symbol SCHW.
What company merged with Charles Schwab? ›Charles Schwab Boosts Its Online Brokerage With Big TD Ameritrade Deal. In November 2019, Charles Schwab announced its acquisition of TD Ameritrade for $26 billion. The deal closed a year later.
Does Schwab now own TD Ameritrade? ›Here's what you need to know. Since Charles Schwab acquired TD Ameritrade, we've been working to bring together our complementary strengths—including our innovative services, industry-leading platforms, and long-standing commitment to low costs.
Is Les Schwab family owned? ›Les Schwab is a family-owned business, and being an employee means you are one of the family. We understand that if we ask a lot of people, we need to give a lot in return. If you are interested in joining us, you can apply at jobs.lesschwab.com.