The Charles Schwab Corporation , is an American brokerage and banking company, based in San Francisco, California. It was founded in 1971 by Charles R. "Chuck" Schwab, as a traditional, brick and mortar brokerage firm and investment newsletter publisher. In 1973, the company name changed from First Commander Corporation to Charles Schwab & Co., Inc. The company started offering discount brokerage on May 1, 1975, and would become one of the world's largest discount brokers.
Coordinates: 40°53?55?N 73°56?21?W? / ?40.89861°N 73.93917°W? / 40.89861; -73.93917