SEC-registered wealth management firm Broker-dealer affiliated
Charles Schwab & Co., Inc.
As of its Form ADV filed September 17, 2026, Charles Schwab & Co., Inc., an SEC-registered, broker-dealer affiliated wealth management firm in San Francisco, California, reported no regulatory assets under management.
Registration
- Main office
- San Francisco, CA
- Registration
- SEC-registered, Approved
- CRD number
- 5393
- SEC file number
- 801-29938
- Registered since
- July 24, 1987
- Latest Form ADV filing
- September 17, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 449
Key figures
- Regulatory assets under management
- $0
- Discretionary
- $0
- Non-discretionary
- $0
- Accounts
- 0 (0 discretionary)
- Clients
- 955,800, approximate as reported
- Employees
- 30,690
- Advisory staff
- 4,127 performing investment advisory functions
- Average account
- Not reported
- Asset growth, 1 year
- Not reported
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- 0.7% (from 949,149)
Broker-dealer affiliated. The firm is itself a broker-dealer as well as an investment adviser (Form ADV Item 6.A(1)). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
| Ranking | Nationally | In California | Value |
|---|---|---|---|
| Wealth firms with the most clients, including broker-dealer firms | #13 | #3 | 955,800 |
| Wealth firms with the fastest client growth over one year, including broker-dealer firms | #4,277 | #497 | 0.7%from 949,149 |
| Wealth firms with the most advisory staff, including broker-dealer firms | #18 | #1 | 4,127 |
| Wealth firms with the most CFP professionals, including broker-dealer firms | #10 | #1 | 773 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $0 |
| October 3, 2011 | $0 |
| October 1, 2012 | $0 |
| October 1, 2013 | $0 |
| October 1, 2014 | $0 |
| October 1, 2015 | $0 |
| October 3, 2016 | $0 |
| October 2, 2017 | $0 |
| October 1, 2018 | $0 |
| October 1, 2019 | $0 |
| October 1, 2020 | $0 |
| October 4, 2021 | $0 |
| October 3, 2022 | $0 |
| October 5, 2023 | $0 |
| October 1, 2024 | $0 |
| September 2, 2025 | $0 |
| October 2, 2026 | $0 |
Clients and services
Client mix
No client types reported.
How the firm is paid
- Fixed fees
- Other
Advisory services
- Financial planning
- Selection of other advisers
- Other
Financial planning clients (Item 5.H): 32000.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Broker-dealer
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Commodity pool operator or commodity trading advisor
- Futures commission merchant
- Banking or thrift institution
- Trust company
- Insurance company or agency
- Pension consultant
- Sponsor, general partner or managing member of pooled investment vehicles
Custody (Item 9)
The firm reported custody of client cash or securities, $447.3 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 6,788
- Also registered through a broker-dealer
- 6,761
- Employees who are IARs (Form ADV 5.B(3))
- 6,584
Designations held by the firm's IARs: CFP 773, CFA 46, ChFC 42, PFS 1.
Between 2,112 and 3,784 of the firm's 6,788 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 12 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in California
| Firm | City | RAUM |
|---|---|---|
| Ralston Advisors | San Diego | $0 |
| Ridgepoint Wealth Partners LLC | Rancho Palos Verdes | $0 |
| Created Wealth Advisory | Venice | $0 |
| Financial Celebrations | Vacaville | $0 |
| Leland Wealth Management | Not reported | $0 |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Charles Schwab & Co., Inc. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.schwab.com
- Wealth management firms in California
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.