Charles Schwab Corporation is a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors, employers, independent financial advisors, and financial institutions through its subsidiaries. The company operates two main segments: Investor Services, which offers retail brokerage, investment advisory, banking, and retirement plan services to individuals and employers, and Advisor Services, which supplies custodial, trading, and support services to registered investment advisors and recordkeepers. Schwab generates revenue primarily from net interest income on client cash balances, asset management and administration fees on proprietary funds and managed solutions, trading commissions, and banking deposit fees, while leveraging its scale, operational efficiency, brand reputation, and diversified service offerings to compete across brokerage, wealth management, asset management, and banking markets.