The Charles Schwab Corporation

The Charles Schwab Corporation

The Charles Schwab Corporation (NYSE: SCHW) is a publicly traded multinational financial services company founded in 1971. Headquartered in Westlake, Texas, the company is a major player in the U.S. financial industry, with a market capitalization of approximately $160 billion as of May 2026. The corporation employs around 33,000 people and reported annual revenue of approximately $23.9 billion for 2025.

Schwab is an operating company that provides a full range of wealth management, securities brokerage, banking, asset management, and financial advisory services. Its major service lines cater to individual investors, independent investment advisors, and employers. Specific offerings include brokerage accounts for trading stocks and ETFs, wealth management and financial planning services, retirement accounts like IRAs and 401(k)s, and banking services such as checking and savings accounts through its subsidiary, Charles Schwab Bank. The company is known for pioneering the discount brokerage model, making investing more accessible to individual investors.

The company's patent litigation profile is that of an operating company defending itself against patent assertions. The provided data shows it has been a defendant in one case and has not acted as a plaintiff. This defensive posture is typical for a large technology-adopting corporation in the financial services sector.

The single tracked case, Cyberfone Systems, LLC v. The Charles Schwab Corporation, was filed in 2014 in the Eastern District of Texas, a venue known for being favorable to patent plaintiffs. The plaintiff, Cyberfone Systems, LLC, has been identified as a patent assertion entity. The patent asserted in a related case by Cyberfone against other defendants was found by an appeals court to be directed to an abstract and therefore patent-ineligible idea.