Full-Time
Associate Wealth Advisor
Schwab Wealth Advisory
Posted on 8/9/2025
Charles Schwab
10,001+ employees
Brokerage, banking, and financial advisory services.
No salary listed
Phoenix, AZ, USA
In Person
 Finance & Banking (1) |
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- Active and valid FINRA Series 7
- Active and valid FINRA Series 66 (may be obtained with a 120-day COE)
- 1-3 years of experience in the financial services industry
- Support 2-4 Wealth Advisors by servicing, deepening, and retaining their virtual client relationships
- Provide customized financial planning
- Address complex client service issues
- Experience servicing high net worth clients
- Bachelor’s Degree
Charles Schwab offers brokerage, banking, and financial advisory services through its subsidiaries, serving individual investors (including international clients) with access to the U.S. financial markets. Its core products include brokerage and retirement accounts, and online trading, supported by advisory and wealth-management offerings. The service model combines trading, banking, and advisory fees across multiple channels to meet clients where they are. Schwab differentiates itself by a client-centric focus that emphasizes user education and tailored support, enabling people to manage investments, banking needs, and retirement planning in one integrated platform. The company’s goal is to help clients access U.S. financial markets and grow their assets through a comprehensive, educational, and service-oriented financial ecosystem.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1973
Your Connections
People at Charles Schwab who can refer or advise you
Simplify's Take
What believers are saying
- AI-driven personalized portfolio insights for retail investors expanding service depth and client reach.
- 24/7 crypto futures trading on thinkorswim platforms marking first around-the-clock product offering.
- AI-managed model portfolio returned +62%, outperforming S&P 500's +47% return significantly.
What critics are saying
- Yes-or-no S&P 500 options contradict CEO stance against prediction markets, risking regulatory scrutiny within 6–12 months.
- 24/7 crypto futures and 2027 spot custody target expose severe custody vulnerabilities amid volatile digital asset regulation.
- Intensifying fee war with Vanguard erodes margins, forcing reliance on risky trading volume to sustain $27.3B revenue.
What makes Charles Schwab unique
- Schwab combines technology with human expertise to deliver a comprehensive client-first experience.
- Zero commissions on US stocks and ETFs signal fee transparency against high-cost rivals.
- Schwab Knowledge Assistant achieved 90% adoption, cutting research time and lowering cost per account.
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Benefits
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 0%Schwab's reported Cboe partnership would bring yes-or-no S&P 500 trading closer to retail investors. Charles Schwab and Cboe are reportedly developing all-or-nothing options contracts tied to the S&P 500, which could launch in the coming months. NEW YORK, June 18 (World Daily Times) - Charles Schwab Corp. (NYSE: SCHW) is reported to be working with Cboe Global Markets Inc. (CBOE) on a new kind of contract tied to the S&P 500, according to people familiar with the matter as reported by The Wall Street Journal. If launched, the product would let customers make a yes-or-no bet on the index's performance, with a cash payout if the contract's condition is met and no payout if it is not. What are these contracts? The reporting describes them as all-or-nothing options contracts. In simple terms, that means the trade would not move up and down like a regular stock. Instead, the contract would pay a fixed amount or nothing at all, depending on whether the S&P 500 ends up meeting the set condition. The S&P 500 is the main U.S. stock market index for 500 large companies, so the product would be tied to a broad measure of the market rather than a single stock. Why would Schwab and Cboe want to offer this? For Schwab, one of the biggest retail brokerages in the country, the reported move could open a new product line for everyday investors. For Cboe, the exchange operator, it would extend a push into products that look more like prediction markets, where people trade on future outcomes instead of on shares of a company. The Wall Street Journal previously reported that Cboe had been in talks with brokerage firms about bringing back all-or-nothing options for individual investors, a sign that the exchange sees room for this kind of retail trading. The reported Schwab partnership would put the idea in front of a much wider group of customers. What is still unclear? The brief supplied here does not include an official Schwab statement, a Cboe statement, a filing, or any regulator action. It also does not say what the exact contract trigger will be, what the fees will look like, who will be eligible, or whether the product will appear on a Schwab-branded platform. People familiar with the matter told the Journal and Reuters-distributed coverage that the contracts could reach customers in the coming months or near future, but that timing has not been confirmed by the companies. How does this fit with Schwab's earlier stance? The new reporting stands out because Schwab chief executive Rick Wurster said in December that the firm did not want to move into prediction markets. In a Wall Street Journal live coverage item, Wurster said, "I believe there is a clear distinction between gambling and investing. Merging these two concepts is not beneficial." The latest report does not explain what changed between that comment and the current talks. It does suggest, though, that Schwab may be looking at a product that sits close to the line between investing and speculation. What it could mean for New York investors. In New York City, where many brokerage clients and market watchers follow the S&P 500 closely, the reported product would add another way to bet on the direction of the market. For investors, that means more choice. It also means more risk, because a yes-or-no contract can lose its full value if the market does not move the way the trader expects. For now, the story is about a reported plan, not a completed launch. The key questions are whether the firms move ahead, whether regulators weigh in, and how the product would be sold if it reaches customers. George Sandenburgh George Sandenburgh. George is a veteran San Diego-based writer known for his investigative features and human-interest stories. With decades of experience, he brings a local approach to uncovering personal narratives behind politics, crime, and community change in to the San Diego reader.
Factory Holdings, a family office platform for athletes and entertainers, led a $4.7 million investment into Kalshi's Series E round alongside a16z's Cultural Leadership Fund. The investment united 74 investors including athletes Marshawn Lynch, Diana Taurasi, Breanna Stewart and Connor McDavid. The round valued Kalshi, a prediction markets platform, at approximately $11 billion and included participation from Andreessen Horowitz, Sequoia Capital, CapitalG and Charles Schwab. Factory exceeded its original allocation target and closed the investment in roughly 2.5 months. Founded by Keenan Beasley, Factory provides athletes, entertainers and entrepreneurs access to institutional-quality private investments traditionally reserved for legacy family offices. The platform operates across wealth advisory, private investments and business building, aiming to help cultural leaders gain ownership in platforms they help shape.
Charles Schwab plans to launch direct trading for Bitcoin and Ethereum by June 2026 through a new platform called Schwab Crypto. The financial services giant, which manages $12 trillion in client assets, will structure the service through Charles Schwab Premier Bank, limiting initial availability to exclude states with strict crypto regulations like New York and Louisiana. The move marks a strategic shift from Schwab's previous approach of offering crypto exposure through linked stocks, futures and exchange-traded products. By facilitating direct trading, the firm aims to capture transaction fees currently going to third-party providers. Market observers anticipate the launch will inject significant capital into cryptocurrency markets whilst intensifying competition with established exchanges like Coinbase and Robinhood. Schwab's entry could apply pricing pressure similar to its 2019 move eliminating stock trading commissions.
Charles Schwab foundation commits $2 million to expand access to financial education through new Schwab moneywise momentum grants. Site search. Email printfriendly share view all news Charles Schwab foundation commits $2 million to expand access to financial education through new Schwab moneywise momentum grants 04/02/2026 grants, employee engagement, nonprofit partnerships, and free resources advance Schwab's long-term commitment to financial education WESTLAKE, texas-(business WIRE)- as financial literacy month brings renewed attention to the importance of practical money skills, Charles Schwab foundation today announced the launch of a new annual grant program to encourage fresh thinking and innovative solutions to help advance financial literacy. Through the Schwab moneywise momentum grants program, Schwab is committing up to $2 million this year to support nonprofit organizations that are taking new and distinctive approaches to expand access to effective financial education, with a priority on helping more people build the practical, relevant money skills they need to prosper in life. Charles Schwab helps young people and families build financial confidence and stability - laying the foundation for brighter futures and stronger communities. The Schwab moneywise momentum grants build upon Charles Schwab foundation's decades long commitment to financial literacy and its multi-million-dollar annual investment in financial education programs with leading youth development organizations across the country. Beginning in may, organizations can submit a letter of interest through the online grant portal. Additional details will be available at schwabmoneywise.com. "Financial literacy month is a timely moment to elevate the conversation, but building financial skills and confidence takes more than a calendar reminder," said chris wyse, chief corporate affairs officer at Charles Schwab and president and chair of Charles Schwab foundation. "At Schwab, we believe everyone deserves access to practical financial education, whether they're learning for the first time or building on what they already know. Through the Schwab moneywise momentum grants, we're supporting organizations that demonstrate strong potential to expand access to effective financial education, paving the way for more people - especially young people - to gain the knowledge and confidence to make informed financial decisions that can strengthen families and communities." In addition to grantmaking, Schwab launched a dollars for doers program for employees who are passionate about volunteering to support financial literacy in their communities. Through the program, employees can earn $100 for each eligible financial literacy volunteer project, up to $500 annually, which they can direct to nonprofits of their choice. Supported by paid volunteer time off and training resources, Schwab employees serve as educators, mentors, and community leaders, bringing financial education to life in their local communities. Schwab's financial literacy efforts are further strengthened through long-standing national partnerships with organizations including boys & girls clubs of america, donorschoose, girl scouts of the USA, junior achievement, national 4-H council, and SIFMA foundation. Schwab also collaborates with organizations such as jump$tart coalition and council for economic education on targeted initiatives that help build teachers' skills and confidence to deliver effective financial education. Together, these collaborations reach millions of young people each year, helping translate financial concepts into practical skills that support lifelong financial well-being. To ensure financial education is accessible beyond classrooms and community programs, Schwab also offers free, unbiased resources for teens and adults of all ages through schwabmoneywise.com. The platform provides practical guidance on saving, budgeting, credit, and investing, as well as articles, tools, and money talk, a biweekly column authored by Schwab certified financial planners(r) focused on everyday financial decisions. Through this work, Schwab is helping young people and families build financial confidence and stability - laying the foundation for brighter futures and stronger communities. About Charles Schwab foundation Charles Schwab foundation is an independent nonprofit public benefit corporation, funded by the Charles Schwab Corporation and classified by the IRS as a charity under section 501(c)(3). Its mission is to help people of all backgrounds achieve brighter futures by advancing financial literacy and fostering stronger communities. More information is available at www.schwabmoneywise.com/foundation. 0426-XT5B media contact: stephanie corns [email protected] 415.539.7001 source: the Charles Schwab Corporation multimedia files: Charles Schwab helps young people and families build financial confidence and stability - laying the foundation for brighter futures and stronger communities. 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Schwab is an equal opportunity/affirmative action employer, committed to employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281. The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. Learn more about our services for non-U.S. residents. (C) 2025 Charles Schwab & Co., Inc, All rights reserved. Member SIPC. Unauthorized access is prohibited. Usage will be monitored.
Fidelity and Charles Schwab have launched brokerage accounts allowing teenagers as young as 13 to trade stocks and ETFs independently, without parental approval on individual transactions. Fidelity's Youth Account offers sole ownership, whilst Schwab's Teen Investor Account uses joint ownership but grants independent trading authority. The accounts capitalise on compound growth: $1,000 invested at age 13 with 10% annual returns grows to $142,043 by age 65, compared to $21,114 if invested at age 23. Parents retain monitoring capabilities but cannot supervise trades in real time. Critics warn that teenagers' impulsive nature and susceptibility to social media trends could foster speculation rather than disciplined investing. Whilst the accounts promise financial literacy through real-world experience, success depends heavily on teen maturity and continued parental involvement.