Get EBay Inc - Charles Schwab

Charles Schwab & Co., Inc., Charles Schwab Bank, optionsXpress, Inc., Compliance11, Inc., and Schwab Performance Technologies are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products are offered by Charles Schwab & Co., Inc.

One combined company dedicated to serving investors across every phase of their financial journeys. The combination of Schwab and TD Ameritrade is about the future, our clients' future.

Top 10 Owners of Charles Schwab Corp StockholderStakeTotal value ($)TD Asset Management, Inc.12.80%13,907,047,570The Vanguard Group, Inc.6.60%7,171,129,456Dodge & Cox4.42%4,797,647,305BlackRock Fund Advisors3.56%3,871,487,8696 more rows

Q: How does this fit into our strategy? A: This transaction is squarely in line with Schwab's long-term strategy. It allows Schwab to continue to add scale on top of its organic growth, with the addition of approximately 12 million client accounts, $1.3 trillion in client assets and $5 billion in annual revenue.

Largest shareholders include Toronto Dominion Bank, Vanguard Group Inc, BlackRock Inc., Dodge & Cox, State Street Corp, DODGX - Dodge & Cox Stock Fund, Price T Rowe Associates Inc /md/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, and Jpmorgan Chase & ...

Schwab (ticker: SCHW) said the drop in net new assets was due to attrition of TD Ameritrade customers as well as delayed tax disbursements by clients in certain states such as California.

If Schwab were to fail, the most likely scenario is for the US government to arrange an orderly sale to another brokerage company. In this case, your brokerage accounts would simply be transferred to the acquiring company and the disruption would be minimal. What if things are worse?

In a move that has been years in the making, TD Ameritrade and Charles Schwab are merging. Charles Schwab acquired TD Ameritrade in November 2019, but the two had been operating independently since then. TD Ameritrade clients were still able to use their accounts with that broker.