This month we look back to September 1987 when The Charles Schwab Corporation completed its initial public offering. It was the first time an issuer had been a distributor of its own IPO (through a wholly owned subsidiary), and eight million shares sold at $16.50 for a market capitalization of $132 million. To see how far we’ve come since then, check out our current stock activity below, and visit our history page for a comprehensive list of milestones that span decades of advocacy and innovation on behalf of individual investors and the advisors and employers who serve them.
Schwab has earned high praise in 2017 for its heritage of innovation, modern wealth management capabilities, and customer service.
Charles Schwab was awarded "Highest in Investor Satisfaction with Full Service Brokerage Firms, Two Years in a Row" by J.D. Power.1
Selected as one of the FORTUNE “World’s Most Admired Companies®”, Schwab ranked #1 for Innovation and #2 for Social Responsibility in Key Attributes of Reputation and #2 in the Securities and Asset Management category.
Schwab was named #1 in Customer Service and Trade Reliability in the 2017 Investor’s Business Daily “Best Online Brokers” Survey for the fifth year in a row. Schwab also received the highest rating for website performance for the second consecutive year.
1 Charles Schwab received the highest numerical score in the J.D. Power U.S. Full Service Investor Satisfaction StudySM. The January 2017 survey was based on 6,579 total responses from 20 firms that measured the opinions of investors who used full-service investment institutions. Your experiences may vary. Visit jdpower.com. (0617-78F9)
From FORTUNE Magazine: February 2017 ©2017 Time Inc. FORTUNE and The World’s Most Admired Companies are registered trademarks of Time Inc. and are used under license.
FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of Charles Schwab and Co, Inc.
From Investor's Business Daily, January 30, 2017, ©2017 Investor's Business Daily Inc. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Results based on an Investor's Business Daily ("IBD") and TechnoMetrica survey of 4,752 visitors to the IBD website between August and December 2016. Those individuals were asked to name and rate their primary online broker. Limiting data analysis to only those firms that were cited by 125 or more participants, six online brokers were ranked based on Customer Experience Index scores for thirteen separate attributes. For further information on how the ratings were calculated, see IBD's Criteria and Methodology. (0517-19U)
(0517-ZSAP, 1016-NRGX, 1016-NWJE)
Indeed’s ranking of the 50 Best Places to Work in 2017 is curated from the site’s millions of company reviews from employees. Indeed compiled this list by including companies that are members of the Fortune 500 Index with over 5,000 employees and have at least 50 reviews. These companies are the most highly rated on overall employee experience.
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.
The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC, offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.
Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support services of Schwab. Independent investment advisors are not owned, affiliated with, or supervised by Schwab. Schwab Retirement Plan Services, Inc. provides recordkeeping and related services with respect to retirement plans.