Charles Schwab Opens 50-Acre Campus in Austin Featuring Modern, Flexible and Open Concept Elements

Further expansion of the site planned to start in summer 2018

Thursday, May 31, 2018 6:00 am PDT

Dateline:

AUSTIN, Texas

Public Company Information:

NYSE:
SCHW
"Since opening our doors here in 2000, we've been proud to call Austin a big part of our Texas home. We’re excited and humbled to be able to expand our presence with a state-of-the-art facility"

AUSTIN, Texas--(BUSINESS WIRE)--Today, Charles Schwab officially opened its new, 469,000-square-foot, 50-acre Austin campus at Gracy Farms. The campus, which has two five-story office buildings, an amenities center and parking garage, is designed as an open, collaborative and sustainable workspace to support a modern workplace culture. It will house approximately 1,900 of Schwab’s Austin employees, with room to accommodate future growth.

Construction of an additional office building and second parking structure is slated to begin later this summer.

“Since opening our doors here in 2000, we've been proud to call Austin a big part of our Texas home. We’re excited and humbled to be able to expand our presence with a state-of-the-art facility,” said Dennis Howard, Executive Vice President and Chief Information Officer for Schwab. “We love being a part of the community in Austin. This city offers a tremendous pool of talent that fits our culture of service and our ambition to disrupt our industry. We are always looking for people who are passionate about building a career with meaning and making an impact on people’s lives, and Austin is a great place to find those kinds of talented, purpose-driven people.”

Austin will be home to employees within all 15 lines of Schwab’s business, including its recently announced digital accelerator program. The positions reflect the diversity of those roles with new hires in Information Technology, Digital Services, Retirement Services, Compliance, and Marketing, among others. Schwab has been investing in its Texas employee base for more than 40 years and has most recently been named a “2017 Top Workplace” in Austin and Dallas-Ft. Worth. It was also named as a part of “Best Companies Texas-2018.” The company is actively hiring talent across the state with 260 open Texas-based roles including more than 110 openings in Austin.

The new campus incorporates sustainable materials and systems, designed to meet LEED (Leadership in Energy and Environmental Design) Gold standard certification. It also features facilities designed to create an environment that encourages innovation, cross-functional partnerships and a sense of community. These include:

  • Surrounding walking trails, on-site yoga classes, and showers with changing areas to support employees’ wellness activities
  • A cafeteria with self-checkout technology
  • An employee Schwab branch for personal investing needs
  • Adjustable sit/stand desks at every workspace
  • A multi-purpose auditorium with seating for 275
  • An artist program, showcasing the artwork and photography of employees and local artists

A 360-degree virtual walkthrough of the campus is available via this link: https://youtu.be/78BosekCQHY.

For a list of open jobs at Schwab in Austin, please visit:
http://schwabjobs.com/ListJobs/All/Search/state/tx/city/austin/sortcasc-schwab-job-category/

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.

Disclosures

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 345 offices and 11.1 million active brokerage accounts, 1.6 million corporate retirement plan participants, 1.2 million banking accounts, and $3.31 trillion in client assets as of April 30, 2018. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, money management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and 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 banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.

Brokerage Products: Not FDIC‐Insured ∙ No Bank Guarantee ∙ May Lose Value

(0518-826L)

Contact:

Charles Schwab
Pete Greenley, 415-667-0722
peter.greenley@schwab.com

Multimedia Files:

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Charles Schwab’s new Gracy Farms campus (Photo: Business Wire)
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While San Francisco remains Schwab’s corporate headquarters, Austin and Dallas are two of ten geographically important employment centers for the company (three of which are in Texas). Schwab currently has approximately 18,200 employees* nationwide, including nearly 3,100 working in the Lone Star State. (Graphic: Business Wire)
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