what is Charles Schwab market size, market growth, industry like?

Answer 1

Charles Schwab is currently valued at about $23.5 billion in the stock market - which makes it a mid to large cap company. They have the most assets under management out of all the discount brokers. Supposedly, the company's market growth is relatively bad in comparison to other discount brokers, such as TDAmeritrade and ETrade. The discount brokerage industry consolidated in the recent years. So, there is less competition among the rivals. According to most analysts, discount brokers will continue to steal business away from full-service brokers, such as Merrill Lynch and Morgan Stanley.