Terri R. Kallsen

Executive Vice President, Investor Services

Terri R. Kallsen leads Investor Services and is responsible for driving profitable, long-term growth and increasing client loyalty in the retail business, serving individual investors. Kallsen manages Schwab’s branch network, Independent Branch Services, client service and support, wealth management, financial planning, acquisition delivery, supervision and controls, portfolio consulting and optionsXpress.

Previously, Kallsen led the Branch Network, where she was responsible for leading a nationwide network of over 300 retail branch offices dedicated to helping new and existing clients achieve their financial goals. She also served as senior vice president of Portfolio Consulting, responsible for the strategic growth and operations of Schwab’s multiple retail advisory services for affluent and high-net-worth investors. Kallsen joined Schwab in May of 2012, bringing with her over 20 years of financial services industry experience.

Kallsen came to Schwab from USAA, where she was senior vice president of Wealth Management. At USAA, she led key enterprise strategies providing high-net-worth members with financial planning, risk management, asset accumulation, retirement income distribution and estate planning. Prior to joining USAA, Kallsen served as vice president for Thrivent Financial, where she provided strategic leadership to the sales and marketing process for insurance, investments and banking in 32 regional offices.

Kallsen earned a Bachelor of Science degree from College of St. Benedict in St. Joseph, MN and a Master's degree from the University of Wisconsin. She is on the Board of Directors of The Charles Schwab Foundation and Charles Schwab Trust Company. Kallsen also serves on the Board of Trustees for the College of Saint Benedict. She previously served on the Board of Trustees for the American College, and is an active volunteer in the area of financial literacy.

Kallsen is a CERTIFIED FINANCIAL PLANNER™ practitioner, a Certified Wealth Strategist®, a member of the Financial Planning Association and she holds the Series 6, 7, 24, 63, 65 and 66 securities registrations.
 

 

Charles Schwab & Co., Inc., Member SIPC, and optionsXpress, Inc., Member SIPC are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. The Charles Schwab Foundation is a 501(c)(3) nonprofit, private foundation that is not part of Charles Schwab & Co., Inc. or its parent company, The Charles Schwab Corporation. Charles Schwab Trust Company provides custody, securities brokerage, and related back-office services to the trusts for which Charles Schwab Trust Company of Delaware (CSTCD) serves as administrative trustee.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

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.

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