Charles Schwab FDD – Franchise Information, Costs and Fees
Type of Business
The Independent Branch Leader will operate a branch office of Charles Schwab & Co., Inc., a registered broker-dealer and investment adviser, under the Charles Schwab® trade name and logo and offer retail clients non-discretionary investment advice and access to a variety of approved financial products and services.
Corporate Information
Charles Schwab & Co., Inc. was formed as a California corporation in 1971 and, since that time, has conducted business as a broker-dealer. They are dually registered as an investment adviser and broker-dealer with the Securities and Exchange Commission (“SEC”) and are a member of the Financial Industry Regulatory Authority (“FINRA”). Their principal business address is 211 Main Street, San Francisco, California 94105. They began offering franchises to operate Independent Branches in July 2011.
Investment
The total investment necessary to begin operation of a Charles Schwab® Independent Branch is $64,510 to $177,000. This includes $25,000 to $50,000 that must be paid to the franchisor or its affiliates before the Independent Branch opens.
