Company Directory - The Charles Schwab Corporation
Company Details - The Charles Schwab Corporation
The Charles Schwab Corporation
WebsiteWestlake, USA
ISIN: US8085131055
The Charles Schwab Corporation is a financial services company that provides a broad range of investment services and products including brokerage, banking, and wealth management solutions.
CCI Score
CCI Score: The Charles Schwab Corporation
-11.00
0.01%
Latest Event
Schwab Lauded Amid Tariff Pause Market Rally
During a market rally triggered by President Trump's 90‐day tariff pause, a White House aide posted a video praising Charles Schwab for making billions, implicitly associating the firm with the politically charged, market‐manipulative maneuver. The event raises concerns about corporate complicity in policies that bolster authoritarian practices.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
ENABLER
The Charles Schwab Corporation is currently rated as an Enabler.
Latest Events
- APR092025
During a market rally triggered by President Trump's 90‐day tariff pause, a White House aide posted a video praising Charles Schwab for making billions, implicitly associating the firm with the politically charged, market‐manipulative maneuver. The event raises concerns about corporate complicity in policies that bolster authoritarian practices.
- MAR152025
The Charles Schwab Corporation announced the discontinuation of its Political Action Committee (PAC), ending its practice of making political contributions through employee and director voluntary funding. This move is positioned as a step towards a clearer, apolitical stance that avoids partisan influence and mitigates corporate complicity in politicized environments.
+80
Public and Political Behavior
March 27
Under the umbrella of Public and Political Behavior, Schwab's decision to shut down its PAC represents a proactive move to disengage from direct political financing. By discontinuing this channel for political contributions, the company minimizes its influence on lawmakers and reduces the risk of bolstering partisan agendas that can pave the way for authoritarian practices.
Schwab to Discontinue its Political Action Committee | About Schwab
+80
Political Contributions and Lobbying Efforts
March 27
Focused specifically on Political Contributions and Lobbying Efforts, the decision to end the PAC removes a mechanism through which Schwab previously contributed financially to political candidates and lawmakers. This reduces the company's direct role in influencing policy debates and partisan maneuvers, supporting a more restrained and transparent corporate political engagement.
Schwab to Discontinue its Political Action Committee | About Schwab
- JAN292025
Charles Schwab has been tapped to provide asset custody and advisory services for Trump Media and Technology Group’s new financial services platform, Truth.Fi, as part of a $250M initiative that aligns with the 'Patriot Economy' rhetoric and far‐right financial policies. The announcement also coincides with a related political appointment of Samantha Schwab to a Treasury Department role, deepening the firm’s ties to authoritarian political influences.
-40
Executive Political Engagement
April 8
By providing asset custody and advisory services for Truth.Fi, which is closely associated with Trump’s nationalist and authoritarian messaging, Schwab is engaging in a politically charged partnership. This involvement effectively bolsters an initiative that promotes far-right economic and political agendas, thus earning a negative rating in the area of executive political engagement.
Trump in Schwab tie-up for $250m financial services offering - Investment News
-20
Economic and Structural Influence
April 8
Schwab’s involvement in a $250M financial venture linked to Trump’s ecosystem enhances its economic and structural influence in an initiative marked by politically motivated financial strategies. This deepens the firm’s role in propagating economic policies that favor authoritarian practices.
Trump in Schwab tie-up for $250m financial services offering - Investment News
- JAN292025
Charles Schwab will manage up to $250 million in investments for Trump's new fintech division, Truth.Fi, a move that raises concerns over aligning with a political figure known for authoritarian tendencies and potential conflicts of interest.
-50
Public and Political Behavior
April 8
Schwab's involvement in advising Truth.Fi links the firm to Trump Media's controversial political network. Given Trump's documented authoritarian leanings and the broader implications for democratic accountability, this partnership raises serious concerns from a public and political behavior perspective.
Invest With Trump? Truth Social Owner Soars on Partnership With Schwab
-20
Economic and Structural Influence
April 8
By effectively legitimizing Trump's financial services expansion through its management of a sizable investment portfolio, Schwab contributes to consolidating economic power within an ecosystem associated with authoritarian politics. This raises concerns about the broader economic and structural implications for democratic institutions.
Invest With Trump? Truth Social Owner Soars on Partnership With Schwab
- JAN292025
Charles Schwab has agreed to provide strategic advice and facilitate a $250 million investment vehicle for Trump Media and Technology Group, the parent of Truth Social. The deal comes as Trump Media moves into financial services and follows political shifts tied to pro-crypto lawmakers and the influence of Donald Trump’s administration.
-60
Public and Political Behavior
April 8
By entering into a financial services deal with Trump Media, a company closely associated with Donald Trump and far‐right political activity, Charles Schwab risks lending legitimacy to authoritarian-leaning entities. This partnership is seen as contributing to the public political arena where such alliances support regimes or policies that undermine progressive values.
Truth Social parent shares jump on Charles Schwab financial services deal
-20
Economic and Structural Influence
April 8
The strategic financial collaboration involving up to $250 million indicates economic engagement with a politically controversial, far-right affiliated entity. This economic partnership underpins structural influence that may help entrench authoritarian financial practices.
Truth Social parent shares jump on Charles Schwab financial services deal
- JAN252025
Charles Schwab has entered into a partnership with Trump Media & Technology Group to support the launch of its new investment arm, Truth.Fi, which will invest up to $250 million in traditional assets, cryptocurrencies, and customized exchange-traded funds. The deal comes during the early days of Donald Trump’s presidency, potentially signaling complicity in advancing an administration-associated agenda.
-30
Public and Political Behavior
April 8
By partnering with Trump Media & Technology Group—a company led by an administration widely associated with authoritarian tendencies—Charles Schwab is seen as indirectly lending its credibility and financial muscle to a venture that supports policies which could undermine democratic norms and worker protections. This alignment may contribute to the broader ecosystem of authoritarian economic and political influence.
Trump stands to gain $250 million after media company expands into financial services
- JAN172025
Charles Schwab and 11 other firms were fined $63M by the SEC for engaging in off-channel texting practices. This penalty raises concerns about the company's internal communication ethics and overall business practices, potentially undermining transparency and accountability in ways that may indirectly erode democratic oversight.
-20
Public and Political Behavior
March 27
The SEC fine highlights a lapse in ethical communications that can undermine public trust. By engaging in off-channel texting, Schwab's practices risk diminishing transparency and democratic accountability, which are crucial for countering authoritarian tendencies.
Charles Schwab & 11 other firms fined $63M by SEC in 'off-channel' texting crackdown
-30
Business Practices and Ethical Responsibility
March 27
The violation involving off-channel texting reflects a problematic approach to internal business practices. Such behavior not only breaches regulatory standards but also raises questions about Schwab's commitment to ethical responsibility, thereby potentially contributing to broader systemic issues that can enable authoritarian enablers.
Charles Schwab & 11 other firms fined $63M by SEC in 'off-channel' texting crackdown
- JAN162025
The SEC fined Charles Schwab along with other financial advisory firms for violating off-channel communications rules. Senior managers and supervisors allegedly used personal messaging platforms to communicate with clients without proper compliance recording, raising concerns over internal accountability and ethical business practices.
-35
Business Practices and Ethical Responsibility
March 27
The SEC fine underscores significant deficiencies in Schwab's internal controls and compliance practices. By allowing off-channel communications to go unmonitored, Schwab undermined investor protection and regulatory accountability. This lapse not only exposes clients to risks but also reflects poorly on the firm's commitment to ethical business practices, a key concern for those opposing corporate malfeasance that can erode democratic oversight.
Schwab, Blackstone Among Firms Fined By SEC Over Off-Channel Comms
- JAN012025
Charles Schwab announced that it will discontinue its Political Action Committee, terminating the practice of channeling employee and director voluntary contributions to political campaigns. The company stated that remaining PAC funds will be donated to organizations such as The Boys & Girls Club of America and Historically Black Colleges and Universities, underscoring its commitment to avoid partisan corporate influence.
+60
Political Contributions and Lobbying Efforts
April 8
Discontinuing the PAC minimizes corporate involvement in political fundraising and contributions. This move reduces the risk that Schwab's financial influence could be used to support authoritarian policies, aligning with progressive values that favor political neutrality and the reduction of corporate leverage over policymaking.
Schwab to Discontinue its Political Action Committee | About Schwab
- MAY012024
A donor-advised fund linked to Charles Schwab has funneled $250 million, including $141 million to a group associated with right-wing political causes between July 2022 and June 2023, as revealed by a new IRS tax filing. Such political contributions raise concerns over the company indirectly supporting far-right agendas.
-70
Political Contributions and Lobbying Efforts
April 8
The significant disbursement from Charles Schwab’s donor-advised fund to groups linked with right-wing political causes suggests that the company is indirectly endorsing far-right agendas. This involvement raises issues around the use of corporate charitable channels to support political entities that may promote authoritarian or anti-progressive policies.
Schwab charity funnels $250 million to right-wing, political causes
- MAY012024
A Schwab-affiliated charity has funneled $250 million to support political causes aligned with far‐right ideologies, raising concerns about the company’s indirect role in bolstering authoritarian agendas.
-90
Public and Political Behavior
March 27
The Charles Schwab Corporation, through its affiliated charity, has directed a substantial $250 million towards right-wing political causes. This donation raises serious concerns about the company's role in indirectly funding ideologies and political agendas that may foster authoritarianism and undermine democratic norms.
Schwab charity funnels $250 million to right-wing, political causes
- MAY012024
Charles Schwab's charitable fund has funneled over $250 million to groups linked to conservative activist Leonard Leo, supporting far-right causes, including campaigns against racial justice education and transgender healthcare.
-80
Political Contributions and Lobbying Efforts
April 8
The Schwab Charitable Fund, affiliated with Charles Schwab, has directed substantial donations to organizations tied to Leonard Leo and far-right agendas. These actions contribute to political efforts that oppose progressive values and marginalize vulnerable communities, marking a significant instance of corporate complicity in funding authoritarian-aligned initiatives.
- OCT302023
Charles Schwab Corp. abruptly fired up to 2,000 employees without a public announcement, as revealed in a SEC filing. The move, impacting both legacy Schwab and TD Ameritrade staffers, appears aimed at achieving significant synergy savings, raising concerns over the company’s commitment to fair labor practices.
-60
Labor Relations and Human Rights Practices
April 8
The mass layoff of approximately 2,000 employees without prior public announcement represents a severe disregard for worker rights and stability. This drastic decision undermines ethical labor practices and reflects a corporate strategy that prioritizes cost-savings and synergy over the well-being of its employees, which is highly concerning from an anti-fascist, pro-worker perspective.
With the swiftness of a lightning strike, Charles Schwab Corp fires as many as 2000 employees
- AUG222023
Charles Schwab announced planned job cuts and downsizing of non-client facing offices as part of a strategy to reduce operating costs, a move that raises concerns about the impact on worker rights and job security.
-40
Labor Relations and Human Rights Practices
April 8
The company's decision to cut jobs and reduce office space to lower operating costs adversely impacts workers by reducing job security and undermining fair labor practices. This focus on cost-cutting over employee welfare reflects negatively on its commitment to ethical business practices and worker rights.
Charles Schwab plans job cuts and office downsizing amid efforts to reduce operating costs
- JAN132023
On January 13, Reuters reported that Charles Schwab Corp decided to discontinue its political action committee (PAC) and will no longer accept contributions from employees or make financial contributions to lawmakers, citing a divided political climate. The company plans to donate all remaining PAC funds.
+50
Political Contributions and Lobbying Efforts
April 8
By discontinuing its PAC and ceasing political donations, Charles Schwab is reducing its direct involvement in partisan political funding. This action minimizes the risk of supporting policies or candidates that could align with authoritarian or fascist ideologies, and demonstrates a move toward depoliticizing corporate financial influence. As such, it is viewed as a positive, anti-fascist step in the realm of corporate political behavior.
- FEB072022
Charles Schwab is facing a lawsuit alleging that the firm retaliated against an employee for taking medical leave, raising serious concerns about its labor practices and adherence to worker rights, which are critical in resisting authoritarian and exploitative labor dynamics.
-70
Labor Relations and Human Rights Practices
March 27
The lawsuit alleges that Charles Schwab retaliated against an employee for exercising rights under the Family and Medical Leave Act. This incident highlights concerning labor practices and a disregard for worker rights, aligning with broader issues of corporate exploitation and authoritarian practices. Retaliatory actions towards employees not only undermine ethical labor standards but also contribute to a workplace culture that is hostile to fair treatment and unionization efforts.
'We Had to Pick Up the Pieces': Charles Schwab Accused of Retaliating After Employee's Medical Leave
- MAY052021
Despite the corporate move to end partisan contributions through the PAC, Charles Schwab’s billionaire founder and his wife donated over $780,000 to federal political committees, including significant funds to groups supporting lawmakers who opposed certifying the election results.
-80
Executive Political Engagement
April 10
The substantial personal donations by the firm’s founder to political groups backing far-right actors—especially those opposing electoral certification—highlight a problematic form of executive political engagement that undermines democratic norms and contributes to authoritarian tendencies.
- MAY052021Closure of Corporate PAC
47.12
After the Capitol riots, Charles Schwab Corporation announced the closure of its corporate PAC, emphasizing a clear and apolitical stance by ceasing corporate political donations. This move was aimed at reducing the firm’s potential entanglement with partisan influences.
+70
Political Contributions and Lobbying Efforts
April 10
The decision to close the corporate PAC and halt company-sponsored political donations reflects an effort to minimize corporate involvement in partisan politics, which is seen as a positive step in reducing the risk of supporting authoritarian influencer agendas.
- MAY052021
Following the Capitol riots, Charles Schwab Corporation shuttered its corporate PAC in an effort to claim an apolitical stance. However, the founder and chairman, Charles Schwab, continued to make large personal political donations to GOP lawmakers—many of whom opposed certifying the 2020 election results—thereby fueling concerns over fostering authoritarian tendencies.
-50
Political Contributions and Lobbying Efforts
March 27
The closure of the corporate PAC signaled an effort to distance the company from overt partisan political funding. However, the founder’s substantial personal donations to far‑right political groups—particularly those supporting figures who rejected democratic election outcomes—raise serious concerns about the company’s overall commitment to democratic principles. This duality suggests covert facilitation of authoritarian politics despite a seemingly progressive corporate move.
-50
Executive Political Engagement
March 27
Chairman Charles Schwab’s ongoing personal political contributions, particularly his donations to campaigns and committees supporting lawmakers who challenged the democratic certification process, exemplify a concerning level of executive political engagement. This pattern undermines the stated corporate pivot away from partisan politics and contributes to an environment that may bolster authoritarian elements.
- JAN142021
Charles Schwab announced it will stop collecting money for political donations and shut down its PAC, donating remaining funds to charitable organizations including the Boys & Girls Club of America and historically Black colleges and universities. This decision follows criticism over past donations, including contributions to candidates who supported overturning the presidential election results.
+60
Political Contributions and Lobbying Efforts
April 8
By ending its political donations and shutting down its PAC, Charles Schwab is distancing the company from practices that previously funded politically divisive actions, such as supporting candidates who voted to overturn election results. This move mitigates corporate influence in politics and aligns with anti-fascist, democratic principles.
Charles Schwab Is Ending All Political Donations And Shutting Down its PAC
- JAN142021
On January 14, 2021, Charles Schwab Corporation announced that it would cease collecting political donations through its PAC and redirect remaining funds to community organizations including the Boys & Girls Club of America and historically Black colleges and universities. The move came after criticism over its past donations to candidates who supported efforts to overturn the presidential election results, signaling an effort to distance itself from partisan and potentially authoritarian influences.
+70
Political Contributions and Lobbying Efforts
April 10
By ending its PAC and political donations—especially those linked to candidates involved in undermining democratic processes—Charles Schwab is taking a stand against the entanglement of corporate finances with extremist political movements. This action reflects a move toward greater democratic accountability and transparency in corporate political activities.
Charles Schwab Is Ending All Political Donations And Shutting Down its PAC
+40
Labor Relations and Human Rights Practices
April 10
The redirection of PAC funds to support community organizations, such as the Boys & Girls Club of America and historically Black colleges and universities, demonstrates a commitment to ethical business practices and investment in marginalized communities, aligning with anti-authoritarian and pro-social values.
Charles Schwab Is Ending All Political Donations And Shutting Down its PAC
- JAN142021
In response to mounting criticism over its previous donation practices, Charles Schwab announced on January 14, 2021 its decision to cease collecting political donations and to shut down its Political Action Committee. The firm stated that the remaining PAC funds would be donated to community organizations such as the Boys & Girls Club of America and historically Black colleges and universities, signaling an effort to distance itself from controversial political financing that was seen as lending support to attempts at undermining democratic processes.
+75
Political Contributions and Lobbying Efforts
March 27
By ending all political donations and shutting down its PAC, Charles Schwab took a significant step towards reducing its political influence and potential complicity in movements that could undermine democratic processes. This move is particularly notable given its previous history of donations that supported candidates involved in overturning election outcomes. Redirecting leftover funds to community and educational organizations further highlights an effort to rehabilitate its political image and align with more socially responsible practices.
Charles Schwab Is Ending All Political Donations And Shutting Down its PAC
- JAN062021
Following the January 6 violence at the Capitol, Charles Schwab Corporation shut down its corporate political action committee and left the U.S. Chamber of Commerce, signaling a move to reduce its political spending and limit its involvement in partisan lobbying efforts.
+70
Political Contributions and Lobbying Efforts
April 10
By terminating its PAC and withdrawing from the U.S. Chamber of Commerce, Schwab has reduced its engagement in political contributions and lobbying efforts. This move, likely in response to the events of January 6, reflects an effort to distill its political activities in line with democratic and anti-authoritarian principles.
Schwab puts political activity in deeper freeze by leaving Chamber
- FEB012013
Charles Schwab Corporation announced the permanent closure of its political action committee, ceasing direct political campaign donations while continuing to lobby lawmakers and regulators. This move is seen as a step to reduce direct financial support to potentially authoritarian political agendas, though the continuation of lobbying efforts suggests a complex stance on influencing policy.
+40
Political Contributions and Lobbying Efforts
March 27
The Charles Schwab Corporation's decision to permanently end political donations by shutting down its political action committee demonstrates a move towards mitigating direct financial influence in politics, which can reduce corporate complicity in promoting authoritarian policies. However, the firm’s intention to continue influencing policy through lobbying implies that they still engage in significant political behavior. While the cessation of donations is a positive step from an anti-fascist perspective, the sustained lobbying efforts temper the overall positive impact.
Schwab ends political donations permanently - Investment News
Alternatives
Charlotte, United States
-10.22
New York, United States
-12.03
St. Louis, United States
-39.22
St. Petersburg, USA
-0.71
Minneapolis, USA
-23.94
India
62.68
New York, United States
36.56
San Francisco, United States
32.25
Milwaukee, United States
-4.84
Mumbai, India
-13.20
Corporate Financials
- Revenue
- 2025
- $16.60B
- Total Assets
- 2025
- $700.00B
- Operating Income
- 2025
- $5.00B
- Total Equity
- 2025
- $20.00B
Employees: 31,000
Industries
- 523999
- Miscellaneous Financial Investment Activities
- 523120
- Securities Brokerage
- 523930
- Investment Advice
- 523130
- Commodity Contracts Dealing