M&A Deal Summary |
|
|---|---|
| Date | 2023-01-24 |
| Target | Family Wealth Alliance |
| Sector | Financial Services |
| Buyer(s) | Charles Schwab |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Financial Services |
| Employees | 32,000 |
| Revenue | 20.8B USD (2022) |
Charles Schwab engages in securities brokerage, banking, money management, and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments, Investor Services and Institutional Services. The Investor Services segment provides retail brokerage and banking services to individual investors. The Institutional Services segment provides custodial, trading, and support services to independent investment advisors. The Institutional Services segment also provides retirement plan services, specialty brokerage services, and mutual fund clearing services. Charles Schwab was founded in 1971 and is based in Westlake, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 13 |
| Sector (Financial Services) | 11 of 11 |
| Type (Add-on Acquisition) | 10 of 10 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 13 of 13 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-07 |
Schwab Compliance Technologies
San Francisco, California, United States Schwab Compliance Technologies provides a SaaS solution that automates tasks associated with monitoring employee trading activity and efficiently administering a firm's Code of Ethics. Schwab Compliance Technologies was formed in 2005 and is based in San Francisco, California. |
Sell | - |
