Most Admired Companies of 2021: Charles Schwab
AZ Business magazine and BestCompaniesAZ annually present the Most Admired Companies program to recognize organizations that excel in these six key areas: Customer Ratings; 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 Arizona’s most innovative, impactful and successful companies, being one of the Most Admired Companies of 2021 shows that these companies truly represent Arizona’s best companies. The Most Admired Companies for 2021 will be honored at an awards dinner on October 7, 2021 at the Pointe Hilton Resort Tapatio Cliffs in Phoenix. The title sponsors of the Most Admired Business Awards are WaFd Bank and Taylor Morrison. For more sponsorship information, email [email protected] For more information on the Most Admired Companies event, email [email protected] or click here.
Azbigmedia.com will spotlight one of Arizona’s most admired companies each day before the awards dinner.
Most Admired Company: 2013-2021
Arizona Senior Executive: Bernie Clark, Managing Director and Head of Schwab Advisor Services
What he does: Provides help with financial planning, investing, retirement and more.
Company Profile: Schwab believes in the power of investing to help people create a better future. Charles Schwab challenges the status quo by innovating in ways that benefit the investors, advisors and employers who serve them. With the focus and values of Charles Schwab as his North Star, he has grown from a small discount brokerage house to a leading investment services firm, a custodian for independent advisers and a leader in asset management and retirement planning with approximately 32,000 employees. In 2021, Charles Schwab was selected for the fourth consecutive year in the FORTUNE ranking of the 50 “most admired companies in the world”. Additionally, this year Schwab was recognized for the ninth year in a row as one of Arizona’s Best Companies to Work for based on the results of an employee survey.
Admirable trait: As Charles Schwab’s second largest site, Arizona has 18% of Schwab employees. The Arizona location contributes significantly to building the company’s award-winning national culture as well as its success in the local market. Schwab takes great pride in the fact that Arizona’s workforce experiences a low voluntary turnover rate (7.9%) that surpasses the industry average of 15.4%.