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Description
The Charles Schwab Corporation is an American multinational financial‑services firm that offers brokerage accounts, low‑cost trading, banking products, wealth‑management advisory, retirement and custodial services. It operates within the broader financial services sector, serving both retail investors and independent advisors through its broker‑dealer, banking and asset‑management businesses. Schwab is one of the largest discount brokers in the United States, distinguished by its extensive branch network, digital platforms and the 2020 acquisition of TD Ameritrade, which significantly expanded its client assets and market scale.
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