SCHW

toxic

It's not a perfect indicator, nothing is, but it is a good representation of "what is the value of the typical customer?" that can be compared across the sector. "Quarterly revenue per brokerage account" is another good one (RH: $36, SCHW:$178). Brokerage is a customer-service business, and a broker with more valuable customers is likely going to be a more valuable business overall, especially long-term as those customers grow their wealth. When you're in the business of pocketing spread and PFOF kickbacks, you will make a lot more money when a $250,000 account makes 20 $10k trades per year than you do when a $10k account makes 50 $1000 trades a year, even if the second account is more "active". RH is built around needing active traders, but the size of the trade also factors into the revenue side of the business. Meanwhile, the cost to support a $250,000 account, while usually higher than a $10k account, are not 25x higher. RH fills a very important role at or near the bottom of the market. Their current market cap doesn't reflect that position, when compared to others in the same business who are earning more revenue with a similar or smaller customer base. It may not be an apples/apples comparison to compare with the likes of Morgan Stanley, Fidelity or Schwab, even as those are the brokerages that are getting and keeping the "Millennials of Means" demographic at a fairly good clip right now, and those are the customers that will bring the best long-term-value to whatever financial service company they stay with through retirement.

toxic

\- Far lower than healthy average account value. 25.8 Million "funded" accounts. $180B assets under custody and a market cap of $83B. That puts the average account value at less than $7,000. Nobody is fighting to take RH's customers, and that market cap represents a much higher multiplier than the rest of the sector. (As points of comparison: Schwab's average account value is over $200k (47.6 million accounts, $9.91T under custody, market cap of $166B). Interactive brokers is over 150k (3.62MM accounts, $573.5B assets, market cap of $98B)) ETrade was about $70k per account when it was sold to MS at a firesale price of $13B. TD Ameritrade was around $108k per account when sold to Schwab for $26B. Neither of those companies were "healthy", but both were putting up better numbers than Robinhood is today. \- In the financial industry, Vlad is not seen as a serious leader running a serious business. This may not be fair, but it's the perception. \- RH's customers are not sophisticated investors (see also: $7k average account value), and very few of them have been involved in a bear market. When the current market turns or corrects, they are going to get hit a lot harder than most other brokers' customers, and will be much more likely to close their accounts. \- RH does have a substantial GenZ and Millennial presence, but not among the folks who are most likely to become HNW or UHNW in the next 15-20 years (the young folks of means have their money elsewhere). The long-term value of these customers is questionable. RH will make more profit by encouraging more active trading, but there's no path to the (ultra-profitable) wealth management or trust management businesses. With that said, HOOD does trade more like a tech stock or meme stock than as a financial services company (and $120 is not out of the question, but probably not sustainable), but compared to the rest of its industry, it is already overvalued. I'm not buying, but I'm not shorting either. (Disclosure: I have no position in HOOD, though I do in MS and SCHW.)

Happy_Discussion_536

Because SCHW is a predatory broker that rapes newbie traders with 0% on cash by sweeping to their bank. They also have frequent outages, terrible customer service and UI. HOOD is just leagues better for the average degen.

Happy_Discussion_536

I haven't looked too deeply into HOOD tbf. But I can tell you the other big brokers are trash except maybe IBKR and they appeal to a very small group of retail. The largest SCHW is garbage. ToS also part of SCHW same thing.

jnas_19

Sold all my SCHW. Only regret was not buying WAL like Burry did

Ok_Cry7572

HOOD Market cap = $73B Total platform assets = $255B SCHW Market cap = $163B Total platform assets = $10.33T

Working-Math-9610

Had done lots and lots of fundamental analysis on SCHW (the stock). Literally digested and regurgitated the balance sheet, market positioning etc. Purchased at $72, exited at $84. Handsome 16% legit gain from honest work. Now kicking myself 😢 for selling such a wonderful gem 💎  But then again, some CLBR, PLTR regard might just casually make 300% with options without even thinking for a minute 🤦

Hifi-Cat

I have several that I have owned in some cases for more than 15 years. SCHW, SEIC, SSNC, FDS, FI, VLTO, APX, CPRT, CODYY, LVMUY, FICO.

wine_dine_and69

Considering all this options activity on TSLA, calls on SCHW, HOOD, IBKR

bluesuitstocks

No you’ve incorrectly outlined the biggest risk. Let’s say SCHW keeps going up, you collect premium on a few puts you sold, all good, right? Except as SCHW continues to trend up and you sell ATM puts, you get further and further from your $70 long put and your potential max loss grows and grows. If SCHW pumps to $85 and then bad news dumps it back to $74 after you sold a put at $85, then what? Your $70 long put is worth less than when you bought (theta and still OTM) and you’re in the hole on shares. You can make money on diagonals but the biggest risk is that increasing distance between your longer dated option and the strike you sell your short options at. The stock moving in your favor is actually increasing the max loss on future traded, just remember that.

Plastic_Honeydew_197

Nope, SCHW fell apart. This is the future speaking.

Plastic_Honeydew_197

Well, actually, some broker platforms like SCHW execute like it's 1800s!

Hifi-Cat

I don't love any stocks. They're a means to an end. I worked at: SCHW & SSNC. SEIC, FDS, FI, CRM, LVMUY, CPRT, CODYY.

Metacog_Drivel

HOOD is this generation's SCHW. No doubt Vlad will get that thing over 100 billion market cap eventually.

jnas_19

If you hold a lot of tech then UNH or some bank like SCHW a good buy. Very happy with Schwab's performance as a holder but if there is a recession and things get ugly UNH will probably hold up better at these prices. I think institutions will more likely rotate to Health insurers like UNH in a significant downturn, while buybacks do a ton of heavy lifting.

NoMorning5015

I've been trying to decide what my buy will be next week, and UNH is on the list. I'm also looking at ANET (I think they will pop on earnings), ADI (can't believe it's this cheap), and SCHW as a dark horse. I probably need a finance pick to balance out the sectors in my portfolio but the ones I want (BLK and JPM) aren't too attractive at current prices.

PutSpreadDaddi69

Bears where are the horrible earnings and guides? $NOW? $TXN? Let’s do banks! $SCHW. Oh wait. I just realized something…. You’re retarded.

NoMorning5015

I've got a very stupid approach to the names on my watchlist. ANET and SCHW? I need to buyild my positions in them before they go over $100 a share! ADI? I need to get in before it eclipses 200/share! JPM or anything else above $200? snore.

DoubleFamous5751

https://preview.redd.it/snbsndwsp0we1.jpeg?width=576&format=pjpg&auto=webp&s=df4330c21686c8ed18b2a6ee9635e970e9e1bf78 SCHW? Trow?

societyisshared

Schwab just owns 215,000,000 shares of SCHW and it went up a lot when the market spiked

ScotchTapeConnosieur

It was the change in the market cap of SCHW after the bump.

TheMightyPushmataha

>[January 29, 2025](https://finance.yahoo.com/news/trumps-250m-fintech-gamble-truth-175910934.html) - Trump Media & Technology Group (NASDAQ:DJT) is making a major push into financial services with the launch of Truth.Fi, a fintech platform designed for ETFs, separately managed accounts, and cryptocurrency investments. The company has committed $250 million to the initiative, with Charles Schwab (NYSE:SCHW) overseeing custody. With over $670 million in cash reserves, *Trump Media is looking to expand beyond social media and streaming while building an ecosystem less reliant on traditional financial institutions*. Following the announcement, DJT shares surged over 6%, reflecting investor confidence in the company's latest strategic pivot. I’m no financial crimes expert, but “building an ecosystem less reliant on traditional financial institutions” sounds a lot like setting up an enterprise to funnel money to the Trump organization without any regard for domestic or international banking regulations.

Quixotus

Market caps: HOOD 38.7B, IBKR 72.4B, SCHW 139.7B. In the meanwhile, BULL closed today with a market cap of "just" 6.24B

WolverineChemical656

I use a similar strategy as you. For my 10% "gamble", I have had great success buying distressed stocks due to one time events. Last ~5 years, Meta 189%, NVDA 454%, DG 24%, CRWD 51%, SCHW 45%, BA -7%.

RandomUserName316

Schwab owns about 100,000,000 shares of SCHW where most of his wealth is tied in. SCHW went up about 6 bucks that day so 600,000,000 but Trump is saying he earned 2.5 Billion. That doesn’t add up, or maybe Trump is really exaggerating which he tends to do

joyreneeblue

Schwab is working. SCHW stock is up tool

MindYoBusin3ss

Use it to buy puts on SCHW when it deposits 

CultureForsaken3762

Theyre eating everyones lunch: SCHW, SOFI, PredictIt, Polymarket, COIN, soon DKNG and FLUT

CultureForsaken3762

HOOD has a $40B market cap. SCHW is $145B. Those should be flipped.

refreshpreview

# Financials * **Winners:** **BRK.B** (+3.83%) and **SCHW** (+3.32%) had notable gains. * **Losers:** Losses were broad, with **C** (-2.38%) and **MS** (-3.31%) reflecting broader economic concerns. * **Trend:** Mixed results as optimism for some major players contrasted with sector-wide pressures.

Vast_Cricket

If you are a fan of S&P the least you can do is buying lower priced and lower expense SCHW or FXAIX(50% cheaper than VOO) . You can own more full shares than pricey VOO at $519 a pop.

chopsui101

Is Robinhood innovative? Are they offering a unique product that cannot be replicated or they just offering the exact same product as every other brokerage firm is offering? SCHW has a p/e of 24, IBKR is 27, Ally is at 13, SOFI is at 32....i'd guess Low 20's to mid teens is a fair valuation and since I'm not really bullish on RH i'd look at mid teens if it were my money. They lost 50% value in 4 months a couple years ago and their recent increase in share value. They were a $15 stock a year ago. Even with the falling price their price has only fallen to where they were 3 months ago. I think they are still over valued.

Happy_Discussion_536

I knew the second that acquisition went in people would be pissed. SCHW is a shitass predatory broker. Used to be good when Chuck ran things. They were HOOD of their time. OG discount broker empowering retail. Now they're greedy fucks raping noobie traders and probably ToS will go to shit too.

DogNamedFloppy

Anyone else have problems with thinkorswim? Goddamn Schwab. Time to buy SCHW puts again. 

d33p7r0ubl3

100%. HOOD will out earn SCHW in the future and that will put it over a $150 stock at the same valuation

c1k

Fidelity Roth IRA - FZROX, SCHD, JEPI Fidelity Brokerage - SCHG, T, VZ, INTC, SCHW, PBI, NKE, WMT, etc Robinhood - I mostly do all my day trade or swing trades here, as well as options. Coinbase - Bitcoin , Dogecoin, XRP, Solana

McKoijion

HOOD long, COIN and SCHW short is the move.

isospeedrix

HOOD bull case: Largest broker, bank, crypto platform, casino in the world JPM, DKNG, SCHW, COIN to 0, HOOD to 9000. 5 trillion cap

stressinglucy

yeah! created one today, the top 10 in my screener were BAC, KO, WFC, CSCO, MRK, T, VZ, SCHW, PFE (bought and sold two ITM contracts today so that was a nice w), and C

ManyCommunications

“Dips” that I’m looking at META, AMD, SCHW 

chopsui101

If you want to invest in individual companies over ETFs. I would say invest in cloud platform providers (Amazon, Google, Microsoft) and financial market makers, index issuers, and asset management companies NDAQ, SPGI, MSCI, TROW, SCHW and REITS like PSA or O. In my opinion they have sticky business models not based on consumer preference and the revenue is reoccurring. I think that the cloud providers are going to be the ones who end up selling picks to the miners, while chip makers might its less clear what ones will come out on top at the end of the day and the technology changes so fast here today gone tomorrow (intel)

thotdocter

SCHW is such a shit broker. They're still losing deposits. People are waking up to how much they prey on newbie traders.

GoZukkYourself

Up 37,680 YTD. 7,198 in Fees. You're welcome SCHW

Various_Couple_764

SCHW (Schwav and HOOD (Robinhood)

GoZukkYourself

I have both. The only reason I keep SCHW is because of TOS, otherwise they are horrible and offer nothing for active traders.

GoZukkYourself

Up $34,902 YTD, but I have $7,014 in Fees YTD You're welcome SCHW

GoZukkYourself

Yes, pretty much. Given how much I was trading, I asked for a lower contract fee, and they said okay. This was right before the switch from TDA to SCHW.

GoZukkYourself

Up $30,972 YTD, but I have $6,855 in Fees YTD 🤡🤡🤡 You're welcome SCHW

GoZukkYourself

I'm slowly moving over to HOOD. TDA was fine, but Fuck SCHW.

tarheel786352

Inverse wsb never fails. SCHW been my best investment this year

greytoc

You can't really compare HOOD to Fidelity. Fidelity is a private company so there's really no financials to compare. Also - Fidelity a substantial clearing, institutional, and asset management business which HOOD doesn't have. Compare the financials to other new brokers that may offer similar brokerage-only retail services (SOFI) and HOOD's numbers aren't bad. You could look at comparing HOOD to SCHW, IG, IBKR too but those companies derive their business from institutional and other brokerage services that HOOD doesn't compete in.

spectral_fall

Why the hell did I not buy SCHW calls last week? Damn seems like an obvious move

Snoo-62310

SCHW assets also near 10T. Lots of moolah out there.

tyguy122

I had BAC and SCHW calls. Bought them Monday, sold right at open. Put call ratio is good on MS too. Likely bullish.

No-Improvement3164

SCHW making a shit ton now they are getting all of TD Ameritrade options fees from you regards. 

Far-Requirement9180

SCHW trading profits going well lol 

CrimsonBrit

I’ve been watching Squawk Box in CNBC all morning and I find it so strange that they haven’t mentioned big US banks and financial institutions once, given that a bunch of them report earnings before open this morning: Bank of America ($BAC), Citigroup ($C), Goldman Sachs ($GS), Charles Schwab ($SCHW), and PNC ($PNC) to start.

Ready2gambleboomer

*Run Chuck (SCHW) run! You beautiful old ghey geezer.*

Ready2gambleboomer

*Got GS, AXP & Chuck (SCHW) calls. Please don't hurt me Mr. Market, I'll be a good regard.* 

Ready2gambleboomer

*Please don't hurt me Chuck (SCHW). Donny (DJT) hurt me bad today.*

HowBoutAlive

SCHW better not drop the ball 🏈

AlpineRun

not likely besides why bearish on ol man SCHW?

grmayshark

If I get SCHW puts on Schwab will I get automatically margin called?

bco_rddt

May still be early but they've lost the thread. !banbet SCHW -10% 7d

DrSeuss1020

Im confused, were you just planning to sell in AH the entire time? Also I thought the only options SCHW let us exercise/trade after hours are SPY etc

Vast_Cricket

SCHW has lower fees Schwab manages it. Often fees are lower than Vanguard.

Dear-Bet7063

Here is how stupid this sub is: HOOD goes down and you all scream puts like institutions really care about retail regards losing access for a bit there is now way you MFs are switching to a different platform Go look at SCHW stock hardest fucking V I have ever seen and we have had numerous outages since the transition  Please buy puts I fucking dare you

Alans_Briefcase

First SCHW costs their customers millions. Next HOOD? Proud of IBKR and Fidelity for (thus far at least) not fucking me over.

AnyPortInAHurricane

27 different versions on TD selling SCHW lol, clowns

HoneyNational9079

$SCHW dip buy ?

ComprehensivePaint48

TD bank dumping SCHW shares and signaling more dumps to come. They own about 12% of SCHW.

Alans_Briefcase

I don't typically root for bears but with SCHW, fucking good on them for making money. They're shady af and it seems like they fucked over a lot of people on black monday.

ComprehensivePaint48

10 baggers being made on SCHW puts. If only I had any 

Salt_Yak_3866

SCHW down big after hours

Jared2338

What’s happening to SCHW?

spectral_fall

Made 40k last 2 weeks. SCHW calls, SPY calls, MMM puts, SPY puts

MattieShoes

I don't resist... I just automated it. One spreadsheet has every (non-index-fund) trade I've made for the last 7 years, how much it made or lost, how much an equivalent trade would have made/lost in an index fund, how much gain/loss after accounting for that opportunity cost (ie. throwing it in VOO and forgetting about it), my internal rate of return, what my internal rate of return would have been if I'd just thrown it into an index fund, and for open trades, how they've done relative to the market month-by-month for the last 12 months. So I can tell you at a glance... * I've gotten absolutely wrecked in the last month relative to the S&P 500 * but I've beaten the S&P 500 nine of the last 12 months * I am, beating the S&P by 5.87% over the last year. * My worst pick over the last year is SCHW. * I'm very, very glad I bought FTNT a few weeks ago. Key here is that looking doesn't mean doing anything. I look at it pretty much every day, but I've made 8 (non-index-fund) transactions in 2024 -- 5 sales and 3 buys to reallocate the funds.

HaHawk

SCHW won't take EXTO orders tonight due to "a system outage". Tired of their crap and need a replacement broker. Suggestions??

spectral_fall

My last four trades were all wins, made money on 3 of them. My SPY calls two weeks ago I just needed to wait one more day but I sold early. SCHW C, COIN P, SPY C, MMM P

rudyallan

$SCHW Fixes the #blackmonday correction by locking retail users out 🤣🤣 $tqqq $tsla $spy $tlt

RedditGendi

Looks like SCHW created way more losses to retail than even the market itself 😂.

CastinSilv3r

If only I could access my account and buy SCHW puts

better-a-pig

Can't short SCHW if you can't log in.

bloomberg

*From Bloomberg News reporter* [*Paige Smith*](https://www.bloomberg.com/authors/ATut8ZqKxOA/paige-smith): [Charles Schwab Corp.](https://www.bloomberg.com/quote/SCHW:US) and other retail brokerage users reported outages as a global stocks selloff surged when trading in the US market opened on Monday. More than 14,000 users reported an outage at Schwab at 9:50 a.m. in New York, according to the website [Downdetector](https://downdetector.com/status/charles-schwab/). The firm didn’t immediately respond to a request for comment, but a company account [posted](https://x.com/CharlesSchwab/status/1820460824973979956) on the social media platform X said that some clients “may have difficulty logging in to Schwab platforms.” “Please accept our apologies as our teams work to resolve the issue as quickly as possible,” the firm said, without confirming the size or scope of the outage. Schwab had 35.6 million active brokerage accounts as of as of June, [according](https://content.schwab.com/web/retail/public/about-schwab/schw_q2_2024_earnings_release.pdf) to its second-quarter report.

Bryaxis_D4

short SCHW i’m unable to sign in and manage positions

stoffel_bristov

!banbet SCHW 60 1W

stoffel_bristov

banbet! SCHW 60 1W

spectral_fall

Y'all laughed at me when I suggested SCHW calls last week, and MMM puts this week. Maybe you should start taking "boring" boomer stocks more seriously and ditch the meme stocks

Dear-Bet7063

DIS 90 SCHW 67 MRVL 65 Panics selling at these strikes all day Nothing goes up once again if you don’t take profit before mid day you lose 

stoffel_bristov

I think we may accelerate to the downside in the afternoon or tomorrow morning. What is concerning is we are seeing downside in stocks; and bonds are selling off somewhat as well (rising rates). Also, we are seeing gold hold up even when the dollar rises. These are signs and they are not good signs. Taken off risk on plays in stocks, added to my gold position, and shorting TSLA, NVDA, and SCHW). This is not the last leg down.

stoffel_bristov

Went short on TSLA and SCHW Do with this information what you will

Dear-Bet7063

Nobody Listened at all yesterday when I told you SCHW DPZ

Hotfogs

The CEO just bought $2.5m shares of SCHW on Friday. Thats a green light for me

Conscious-Aspect-332

I bought 100 shares today and will buy another 100 shares if it dips 20% more. Worked with META @ 110 NVDA @ 125 SCHW @ 50. The market is overreacting. Buy when the blood is in the streets. 100 shares is less than 1% of my portfolio, so it's a relatively small position for me.

spectral_fall

Closed my SCHW calls for 35% gain. Take that whoever told me "bUt tHeY'RE dOwNSizINg!"

Dear-Bet7063

My calls of the day: DPZ AMD SCHW VZ

RepresentativeBat798

Tried to sell Verizon this morning at 40 something And move to SCHW or RDDT. At least I made a bunch off the SERV pseudo IPO

spectral_fall

For those who deleveraged today and have cash, look at SCHW's chart. 9/30 calls are great value since we will get at least one rate cut before then

spectral_fall

Next leg up for SCHW

Smipims

They’re trying to run a better business but market read “slow” and panicked. You’re not buying a business like SCHW for 1 year. You’re buying it for 5-10+. I’m adding more