The Charles Schwab Corporation (SCHW)

Brokerage and wealth management firm. Read October 2, 2026 from the annual report for the period ending December 31, 2025, filed February 25, 2026. Ranked 24 of the 29 Financial Services companies read so far, by the share within reach now.

The filing states the equivalent of approximately 33,000 full-time employees in one brokerage and wealth management business, so one pattern carries the whole workforce (c).

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 34% now, 61% at the end of 2027, 71% at the end of 2028, 74% at the end of 2030. By the patterns, the work is about 74% desk work, 23% people work and 3% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 26% of the working time stays with people (conversation, in-person and hands-on work), 64% becomes checking a model's work and 7% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

33,000 employees as of December 31, 2025 (full-time equivalent). The filing states no count by country.

The filing: “As of December 31, 2025, Schwab had full-time, part-time, and temporary employees, and persons employed on a contract basis, that represented the equivalent of approximately 33,000 full-time employees.”

The workforce as industry patterns

What the filing says about the workforce: The equivalent of approximately 33,000 full-time employees, counting full-time, part-time and temporary employees and persons employed on a contract basis; a hybrid work approach.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Securities, Commodity Contracts, and Other Financial Investments and Related Activities, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Morgan Stanley (MS, 83,000 employees)34% now, 71% by 2028
• State Street Corporation (STT, 52,000 employees)34% now, 71% by 2028
• Bank of New York Mellon Corp (BNY, 48,100 employees)34% now, 71% by 2028
• The Goldman Sachs Group, Inc. (GS, 47,400 employees)34% now, 71% by 2028
• S&P Global Inc. (SPGI, 44,500 employees)31% now, 70% by 2028
• Brookfield Asset Management Ltd. (BAM, 5,800 employees)34% now, 71% by 2028

What the filing says about AI

5 sentences in the filing name AI. The filing names artificial intelligence among the technologies raising information security and fraud risk, including impersonation to gain access to client accounts.

• “Information security risks for financial institutions are increasing, in part because of the use of the internet and mobile and cloud technologies to conduct financial transactions, and the increased sophistication and activities, including the use of artificial intelligence technologies, of organized crime, activists, hackers and other external parties, including foreign state actors.”
• “Increasing sophistication in artificial intelligence and broad public availability of such technologies, including to organizations and individuals seeking to commit fraud, has resulted in increased risk of external fraud by enhanced or novel techniques, including those involving impersonation to gain access to client accounts or convince clients to initiate fraudulent transactions.”
• “These statements relate to, among other things: Maximizing our market valuation and stockholder returns over time; and our belief that developing trusted relationships will translate into more client assets which drives revenue and, along with expense discipline and thoughtful capital management, generates earnings growth and builds stockholder value (see Business Strategy and Competitive Envir...”
• “Schwab manages model risk, including use of artificial intelligence, through use of policies, standards, and controls which evaluate the conceptual and technical soundness of models used by the Company.”
• “Prior to the use of any artificial intelligence, we employ procedures which require cross-functional review from applicable oversight functions.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20210median 0
• Fiscal 20220median 0
• Fiscal 20231median 1
• Fiscal 20242median 4
• Fiscal 20255median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• A full-time equivalent count that includes contract-basis persons, recorded as the filing states it (rule 2).
• One pattern by description (c).

Source: the company's annual report on EDGAR, accession 0000316709-26-000009, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.