Schwab Reaffirms Commitment to Omaha as Key Operations Center

Omaha Employee Base Now 20 Percent Larger Than Before TD Ameritrade Acquisition


Senior management of The Charles Schwab Corporation met with employees in person in Omaha yesterday at TD Ameritrade facilities, the first in a series of in-person sessions with staff across the country who are beginning the process of returning to a new hybrid work model. Management’s choice of Omaha as the first of these visits since the pandemic shut down such gatherings reflects the firm’s ongoing commitment to the area and its local employee base, both critical components of the firm’s growth strategy.

“Ameritrade has been an important part of the Omaha community for more than four decades, and we are as committed to the workforce here as they are to our clients,” said Walt Bettinger, CEO of The Charles Schwab Corporation. “Omaha plays a critical role in our plans for the future, both as a hub for great talent and part of our strategy to accommodate growth as we work to serve the needs of our expanding client base.”

The firm currently has more than 300 open roles in Omaha, which span functions across the corporation’s two broker dealers, Charles Schwab & Co. and TD Ameritrade. The open roles have an emphasis on client service professionals, operations and technology. The company now has approximately 2,400 positions in the area, an increase of nearly 20 percent over the size of the employee base in November 2019 when it was first announced that the two firms would join forces.

In December 2021, Schwab announced the company had made another long-term commitment to the local area by retaining exclusive naming rights to the home of the NCAA Division I Men’s College World Series through 2029. Effective in 2022, the 24,000-seat baseball stadium and entertainment complex in downtown Omaha will be renamed Charles Schwab Field Omaha.

The open roles in Omaha are part of the firm’s nationwide recruitment efforts that also includes hiring in the states of Texas, Arizona, California, Florida and Colorado, among others. Schwab’s focus on developing a talented, diverse workforce while fostering a culture of service within its communities has resulted in the company’s recognition as a top place to work in the major markets that Schwab serves. Schwab has routinely been named as one of Fortune magazine’s top 50 World’s Most Admired Companies, a “Best of the Best” by U.S. Veterans Magazine, and has a received a 100% rating on the Human Rights Campaign Corporate Equality Index since 2004. The firm was also recently named among the top 15 of America’s Best Employers for New Graduates in 2021 according to Forbes magazine.

Applicants can review positions and apply to work at the company by accessing open roles at: jobs.schwabjobs.com.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn.

About The Charles Schwab Corporation

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 33.4 million active brokerage accounts, 2.2 million corporate retirement plan participants, 1.6 million banking accounts, and $7.69 trillion in client assets as of February 28, 2022. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiaries, Charles Schwab & Co., Inc., TD Ameritrade, Inc., and TD Ameritrade Clearing, Inc., (members SIPC, www.sipc.org), and their affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.aboutschwab.com.

TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are separate but affiliated companies and subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.

(0322-2YLV)

Source: The Charles Schwab Corporation