Since early 2022, Schwab has lost some $175 billion in bank deposits, or nearly 40% of what it held at its peak. Trading activity also stalled, since customers could make robust returns just parking their money in cash-like investments.

As a Schwab Private Client, you receive access to a dedicated Financial Consultant who can help manage various aspects of your financial life and connect you to all that Schwab has to offer.

All of our Financial Consultants provide highly personalized advice based on your goals, asset size, and investing needs. They can also connect you to specialists when you have more complex planning and financial needs, such as trust, estate, and fixed income.

Charles Schwab at a Glance Charles Schwab is a discount broker with service, education, trading tools and research that put it in the top tier of investment firms. With the integration of TD Ameritrade, including that firm's highly recognized Thinkorswim platform, Schwab has established itself as the broker to beat.