Charles Schwab adding about 450 jobs in expansion
Financial Service

Charles Schwab adding about 450 jobs in expansion

Charles Schwab, one of the nation’s largest financial services company, is planning an expansion in Austin that will create about 450 jobs, the company said Wednesday.

The new roles will span functions across Schwab and TD Ameritrade, including positions in software development and engineering as well as in client service and support.

Charles Schwab adding about 450 jobs in expansion

Founded in 1971 in San Francisco, Schwab offers banking services, an electronic trading platform and wealth management advisory services to consumer and institutional clients. The company is now headquartered in the Dallas suburb of Westlake.

In 2018, Schwab opened a 50-acre campus on Gracy Farms Lane, near the Domain in North Austin. It currently has about 2,750 employees in the Austin area.

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“We expect our teams in Austin to play a key role as we work to live up to Schwab’s ‘no trade-offs’ approach to serving our clients,” Dennis Howard, Schwab chief information officer, said in a written statement. “Austin’s reputation as a hub for tech talent is well deserved, and, at their foundation, our open technology roles here are grounded in developing the digital experience and tools that help our clients achieve their goals.”