What Are Some of the Largest Brokerage Firms?


Quick Answer

Some of the largest brokerage firms in the United States include Scottrade, TD Ameritrade, Charles Schwab, Fidelity, E-Trade and TradeKing. These companies are considered the largest according to the number of customers and assets they have, notes Brokerage Review.

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Full Answer

Scottrade is a privately owned company with headquarters in Missouri, United States. The company offers online tools and solutions to help in short and long-term goals, including investing for retirement. Other services that this company provides include banking, online trading platforms and investment education. The company was founded by Rodger O. Riney in 1980. As of 2012, the company had 3,725 employees.

TD Ameritrade is an online-based brokerage firm that is based in Omaha. Some of the services offered by this company include cash management services, margin lending, mutual funds, fixed income and option trades. By the end of 2012, the company had over 5,300 employees.

Charles Schwab Corporation is a brokerage firm that is headquartered in San Francisco, California. The company was founded in 1971. It has over 12,500 employees working at different branches. The company offers free investing workshops and seminars, states Charles Schwab. Clients can reach the company by going to its official website and chatting with staff or calling by telephone.

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