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Charles Schwab
4.2
based on 11 Reviews
Company Overview
Company Locations
Working at Charles Schwab
Company Summary
Charles Schwab is a prominent financial services firm focused on making investment strategies more accessible and comprehensible for individual and institutional clients.
Overall Rating
4.2/5
based on 11 reviews
Highly rated for
Work-life balance, Company culture
Critically rated for
Skill development, Job security, Promotions
Work Policy
Monday to Friday
100% employees reported
Flexible timing
67% employees reported
No travel
89% employees reported
Night shift
50% employees reported
View detailed work policy
About Charles Schwab
Founded in1973 (52 yrs old)
India Employee Count51-200
Global Employee Count10k-50k
HeadquartersSan
Office Locations
--
Websiteschwab.com
Primary Industry
--
Other Industries
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The Charles Schwab Corporation (NYSE: SCHW) has been a leader in financial services for more than four decades. Through advocacy and innovation, the company has worked to make investing more affordable, more accessible and more understandable to all. Today, Schwab meets the needs of individual and institutional clients through two operating segments: - Investor Services helps individuals with brokerage, banking, insurance and other financial services. Clients have easy access online, by phone or at a local Schwab branch. - Institutional Services provides dedicated support for independent investment advisors, employers and third-party benefit plan administrators. More information is available at www.schwab.com and www.aboutschwab.com.
Mission: To champion every clientâs goal with passion and integrity.
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Charles Schwab Ratings
based on 11 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
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5
4
3
3
2
2
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Category Ratings
4.2
Work-life balance
3.8
Company culture
3.7
Salary
3.6
Work satisfaction
3.3
Promotions
3.2
Job security
3.1
Skill development
Charles Schwab is rated 4.2 out of 5 stars on AmbitionBox, based on 11 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Charles Schwab Reviews
Compare Charles Schwab with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.2/5 based on 11 reviews | 3.7/5 based on 1.5k reviews | 4.1/5 based on 6 reviews | 4.2/5 based on 932 reviews |
Highly Rated for | Work-life balance Company culture | No highly rated category | Job security | Work-life balance Job security Company culture |
Critically Rated for | Skill development Job security Promotions | Promotions Job security Skill development | Promotions Skill development Company culture | No critically rated category |
Primary Work Policy | - | Hybrid 92% employees reported | - | Hybrid 94% employees reported |
Rating by Women Employees | 4.0 Good rated by 1 women | 3.7 Good rated by 505 women | - Data not available rated by 1 women | 4.2 Good rated by 286 women |
Rating by Men Employees | 4.1 Good rated by 7 men | 3.7 Good rated by 953 men | 4.0 Good rated by 3 men | 4.1 Good rated by 576 men |
Job security | 3.2 Average | 3.1 Average | 3.8 Good | 4.2 Good |
View more
Charles Schwab Salaries
Charles Schwab salaries have received with an average score of 3.7 out of 5 by 11 employees.
Software Engineer
(4 salaries)
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₹4.5 L/yr - ₹15 L/yr
Senior Site Reliability Engineer
(2 salaries)
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₹1.7 Cr/yr - ₹1.8 Cr/yr
Java Full Stack Developer
(2 salaries)
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₹80.8 L/yr - ₹89.3 L/yr
Sharepoint Subject Matter Expert
(2 salaries)
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₹83.1 L/yr - ₹91.9 L/yr
Product Support Analyst
(2 salaries)
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₹17.1 L/yr - ₹21.9 L/yr
Technical Analyst
(1 salaries)
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₹1.8 L/yr - ₹2.4 L/yr
Java Technical Lead
(1 salaries)
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₹31.5 L/yr - ₹40.2 L/yr
Senior Data Scientist
(1 salaries)
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₹12.6 L/yr - ₹16.1 L/yr
Senior Analyst
(1 salaries)
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₹12.6 L/yr - ₹16.1 L/yr
Senior Network Engineer
(1 salaries)
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₹1.3 Cr/yr - ₹1.5 Cr/yr
Charles Schwab News
View all
The major companies which have relocated to Texas, from Tesla to Chevron
- A number of major companies have relocated their headquarters to Texas, including Tesla and Chevron, since 2020, citing reasons such as a good regulatory environment and lower cost of living.
- Texas has become a hotspot for corporate operations, with 200 companies moving their HQs to the state, drawing firms from states like California.
- Governor Greg Abbott attributes the influx of companies to Texas to its reasonable regulatory environment, exceptional quality of life, and lower cost of operating a business.
- Companies like KFC's parent company Yum! Brands, the New York Stock Exchange, Chevron, and SpaceX have all made significant moves to Texas.
- Tesla, led by Elon Musk, was the first to move its headquarters from Silicon Valley to Austin, Texas, in 2021 due to housing affordability constraints.
- Chevron relocated its headquarters from San Ramon, California, to Houston to facilitate better collaboration and engagement within the company.
- Companies like SpaceX and Oracle have also made significant shifts to Texas, with SpaceX moving to Starbase, Texas, and Oracle relocating its corporate HQ from Silicon Valley to Austin.
- Charles Schwab, McKesson, CBRE, and AECOM are among the other major firms that have moved their headquarters to Texas in recent years, attracted by the state's business-friendly environment.
- The trend of companies relocating to Texas has been driven by factors such as the state's talent magnetism, lower operating costs, and the flexibility offered to employees.
- Overall, Texas has seen a significant uptick in corporate relocations, with companies finding the state to be an appealing destination for their business operations.
Insider | 28 Feb, 2025
5 Goldman Sachs employees share what it's like to work at the firm's fast-growing hub in Dallas
- Dallas now hosts Goldman Sachs' largest US workforce outside of New York City, with 4,600 employees and growing.
- Aasem Khalil, head of the Dallas office, highlights the city's financial renaissance and cultural growth.
- Goldman moved staff to Dallas to cut costs, now offering diverse career opportunities including wealth management, real estate, and investment banking.
- Goldman's young bankers in Dallas work on significant deals, providing hands-on experience similar to New York.
- Despite being smaller, the Dallas office fosters close relationships and mentorship among employees.
- Dallas offers a blend of urban and laidback living, with a lower cost of living compared to cities like New York.
- Employees have perks like access to sports events, cultural attractions, and a work-life balance that supports raising families.
- Goldman's Dallas office maintains a 5-day in-office policy, allowing for flexibility while advancing careers.
- Dallas has become a hub for financial firms, with companies like JPMorgan Chase and Charles Schwab also expanding their presence in the area.
- Goldman executives in Dallas emphasize the personal and professional benefits of working in a rapidly growing financial hub outside of Wall Street.
Insider | 27 Feb, 2025
Citadel Securities Explores Crypto Market Making Role for Major Exchanges
- Citadel Securities is considering becoming a liquidity provider for major crypto exchanges like Binance, Coinbase, and Crypto.com.
- CEO Ken Griffin, once skeptical of crypto, now acknowledges missing out on trading opportunities.
- Regulatory clarity under the Trump administration is influencing Citadel's decision-making process.
- Initial market-making teams will be established outside the US for crypto operations.
- Citadel previously collaborated with Charles Schwab and Fidelity to launch the institution-only crypto exchange EDX Markets.
- The move signifies Citadel's entrance into the crypto trading space after awaiting improved regulations.
- Ken Griffin, previously critical of crypto, now plans to venture into the market-making sector.
- Citadel seeks to provide liquidity for crypto assets based on regulatory clarity and market development.
- Griffin's evolving perspective on crypto aligns with traditional financial institutions' growing interest in digital assets.
- The shift by Citadel Securities reflects a broader trend of financial firms joining the crypto market amid regulatory advancements.
Blockonomi | 25 Feb, 2025
Whale watch: Reddit stock has nearly tripled in recent months, and one major hedge fund made a $1 billion bet last quarter as it soared
- Coatue Management, a major hedge fund, revealed a $1 billion stake in Reddit stock in the fourth quarter.
- Reddit stock has nearly tripled since October, driven by solid earnings.
- The hedge fund's Reddit stake is worth around $1.2 billion, showing a year-to-date gain of $141 million.
- Coatue also reduced its Chinese stock holdings and established new positions in Charles Schwab, Affirm, Okta, and Datadog.
Insider | 19 Feb, 2025
TD Bank Selling Charles Schwab Stake to Combat AML Fallout
- TD Bank is selling its 10.1% stake in investment firm Charles Schwab.
- The move is aimed at stemming losses after a money-laundering-related scandal.
- The sale is part of new CEO Raymond Chun's strategy to boost investor confidence.
- Proceeds from the sale will be used for share repurchase and to fuel performance and organic growth.
Pymnts | 11 Feb, 2025
TSX Travels as Investors Disregard Tariff Threat
- Canada's main stock index, TSX, rose led by metal mining shares and gold prices hitting an all-time high after U.S. President Donald Trump's tariff plans.
- Trump's latest tariff plans on steel and aluminum imports led to the increase in gold prices, and also spurred demand for the safe-haven metal.
- Brookfield revealed plans to invest 20 billion euros in developing AI-related projects in France, and Toronto-Dominion Bank announced the sale of its stake in Charles Schwab.
- In the US, stocks rose with major tech companies performing well while the market looked past Trump's tariff threat. Steel and aluminum stocks increased in response to the tariff announcement.
Baystreet | 11 Feb, 2025
TD Bank To Sell Charles Schwab Stake Worth $15.36 Billion
- Canada's Toronto-Dominion Bank (TD) plans to sell its entire $15.36 billion investment in Charles Schwab, a U.S. financial services firm.
- TD Bank currently owns 184.7 million shares of Schwab's common stock and intends to offload the entire stake.
- The news of the large equity stake sale has caused a 4% decline in Charles Schwab's shares.
- TD Bank is Schwab's largest shareholder with a 10.1% stake, acquired through TD Ameritrade's $26 billion purchase by Schwab in 2020.
Baystreet | 10 Feb, 2025
TMTG Has Registered Trademarks for Its ETFs and SMAs
- Trump Media and Technology Group (TMTG) is developing Truth.Fi investment tools as part of its America First strategy.
- TMTG has registered several trademarks for future ETFs and SMAs, including those for manufacturing, energy, and cryptocurrencies.
- TMTG aims to provide investors with a means to invest in American energy, manufacturing, and other firms that align with America First principles.
- The launch is part of TMTG's financial services and FinTech strategy, with Charles Schwab and Yorkville Advisors as partners.
Bitcoinsensus | 7 Feb, 2025
Trump Media Launches ‘Truth․Fi Bitcoin Plus ETF’ Amid Pro-Bitcoin Stance
- Trump Media launches Truth.Fi Bitcoin Plus ETF, aligning with pro-Bitcoin policies.
- TMTG's ETF initiative aims to expand crypto investment opportunities and strengthen institutional interest.
- Strategic partnerships with Charles Schwab and financial backing from Yorkville Advisors support the venture.
- The introduction of Truth.Fi Bitcoin Plus ETF may legitimize Bitcoin as an investment asset and encourage broader adoption.
Crypto-News-Flash | 7 Feb, 2025
Trump Media Files Trademarks for ‘Truth.Fi Bitcoin Plus ETF’ as Part of Financial Expansion
- Trump Media files trademarks for Bitcoin and U.S. industry-focused ETFs under Truth.Fi.
- TMTG partners with Charles Schwab to launch up to $250M in Bitcoin and sector ETFs.
- Truth.Fi Bitcoin Plus ETF aims to offer exposure to Bitcoin and American industries.
- TMTG expands into new financial service domains with the release of new financial products.
TronWeekly | 7 Feb, 2025
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Charles Schwab Offices
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Charles Schwab FAQs
When was Charles Schwab founded?
Charles Schwab was founded in 1973. The company has been operating for 52 years.
Where is the Charles Schwab headquarters located?
Charles Schwab is headquartered in San.
How many employees does Charles Schwab have in India?
Charles Schwab currently has approximately 60+ employees in India.
Does Charles Schwab have good work-life balance?
Charles Schwab has a work-life balance rating of 4.2 out of 5 based on 10+ employee reviews on AmbitionBox. 73% employees rated Charles Schwab 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Charles Schwab reviews for more details
Is Charles Schwab good for career growth?
Career growth at Charles Schwab is rated as moderate, with a promotions and appraisal rating of 3.3. 27% employees rated Charles Schwab 3 or below, while 73% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Charles Schwab reviews for more detailed insights.
What are the pros and cons of working in Charles Schwab?
Working at Charles Schwab comes with several advantages and disadvantages. It is highly rated for work life balance and company culture. However, it is poorly rated for skill development, job security and promotions / appraisal, based on 10+ employee reviews on AmbitionBox.
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