
	The&nbsp;Charles Schwab Corporation&nbsp;is an American brokerage and banking company, based in&nbsp;San Francisco,&nbsp;California. It was founded in 1971 by Charles R. &quot;Chuck&quot; Schwab,&nbsp;as a traditional, brick and mortar&nbsp;brokerage firm&nbsp;and investment newsletter publisher.&nbsp;In 1973, the company name changed from First Commander Corporation to Charles Schwab &amp; Co., Inc.&nbsp;The company started offering discount brokerage on May 1, 1975, and became one of the world&#39;s largest discount brokers.
