Most Admired Companies of 2021: Charles Schwab
AZ Business magazine and BestCompaniesAZ present the Most Admired Companies program each year with the goal of recognizing organizations that excel in these six key areas: Customer opinion; diversity, equity, and inclusion; innovation; leadership excellence; social responsibility; and workplace culture. One of Arizona’s Most Admired Companies for 2021 is Charles Schwab.
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With hundreds of nominations representing the most innovative, impactful and successful companies in Arizona, being one of Most Admired Companies of 2021 shows that these companies truly represent the best in Arizona business. The Most Admired Companies for 2021 will be honored at an awards dinner Oct. 7, 2021, at Pointe Hilton Resort Tapatio Cliffs in Phoenix. Title sponsors for the Most Admired Companies awards are WaFd Bank and Taylor Morrison. For sponsorship information, email Amy.Lindsey@azbigmedia.com. For information about the event honoring the Most Admired Companies, email Lynette.Carrington@azbigmedia.com or click here.
Azbigmedia.com will be spotlighting one of Arizona’s Most Admired Companies each day leading up to the awards dinner.
Most Admired Company: 2013-2021
Top Arizona executive: Bernie Clark, managing director and head of Schwab Advisor Services
What it does: Provides help with financial planning, investments, retirement and more.
Company profile: Schwab believes in the power of investing to help individuals create a better tomorrow. Charles Schwab challenges the status quo, innovating in ways that benefit investors, advisors and employers who serve them. With Charles Schwab’s purpose and values as its North Star, its grown from a small discount brokerage to a leading investment services firm, a custodian for independent advisors, and a leader in asset management and retirement planning with approximately 32,000 employees. In 2021, Charles Schwab was selected as one of the FORTUNE Top 50 ‘World’s Most AdmiredCompanies’ for the fourth consecutive year. Additionally, this year, Schwab was recognized for the ninth consecutive year as one of Arizona’s Top Companies to Work for based on employee survey results.
Admirable trait: As the second largest Charles Schwab location, Arizona is home to 18% of Schwab’s employees. The Arizona location contributes significantly to building the company’s national award-winning culture as well as its success in the local marketplace. Schwab is most proud of the fact that the Arizona workforce experiences a low voluntary turnover (7.9%) that outperforms the industry average of 15.4%.