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December 09, 2024 12:02 AM

Schwab Asset Management

Caryl Anne Francia
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    BPTW_2024_Schwab.jpg

    Schwab associates take a break during the firm's Super Bowl party to smile for the camera.

    Second Place

    Headquarters: Westlake, Texas

    AUM: $1.2 trillion as of June 30

    U.S. employees: 637

    Years Won: 2016-2024


    In their own words:


    “At Schwab — and within Schwab Asset Management — we’re united in a shared belief that what we do improves people’s lives. Through our focus on client-centric innovation, education and an unwavering commitment to service, we’re helping people own their financial futures — and building lasting relationships along the way. SAM is a tight-knit team with a special culture. Every employee plays a role in making SAM a great place to work and is dedicated to building a culture that values and recognizes the individual experiences of our people.”


    Three cool things:


    • Hosted Schwolympics event to coincide with the 2024 Summer Games. Employees engaged in a virtual series of games including Excel-athon, Schwamily Feud and Schweopardy.
    • In addition to offering eight paid hours to volunteer annually, holds an annual golf outing to raise money for charity, in addition to having fun and building camaraderie. Winning team selects the charity of their choice and receives an employer match for the donation.
    • Provides a monthly contribution of up to $200 to flexible savings accounts and an yearly contribution of up to $850 to health savings accounts for employees with annual salaries less than $100,000. Also subsidizes backup care services for dependents, as well as tutoring and college coaching.

    Employees say:


    • “People like working here because of the people — and the ability to work hard but also have fun with great people.”
    • “Schwab’s culture of collaboration and team orientation is a huge part of why I joined the firm and want to stay. I also appreciate that the firm proactively works to maintain that culture and provide engagement opportunities covering a variety of events.”
    • “I feel my employer provides resources and support that make me feel empowered and in control of my career development. Encouragement received for work-life balance and showing up as my authentic self is unlike any other company I’ve worked for.”
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      • World's Largest Retirement Funds
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      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Influential Women in Institutional Investing 2024
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