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FYI from Investopedia for those of you who don't know.
In operation for more than 40 years, Charles Schwab (NYSE: SCHW) is a leading investment brokerage and IRA custodian firm in the U.S. It was the first real discount brokerage, although there are cheaper alternatives available in 2015.
Charles Schwab entered 2015 with more than 9 million brokerage accounts and just shy of $2.5 trillion in net client assets under management (AUM). The firm added an average of 80,000-plus gross accounts every month in 2014, making it one of the fastest-growing brokerage houses in the world. Like with Scottrade, Schwab customers can open checking accounts with their brokerage accounts.
Schwab really shines with registered investment advisor (RIA) accounts, where near $1 trillion of AUM sits. The company manages an average of $143 million per RIA account.