Charles R. Schwab is the Founder and Chairman of The Charles Schwab Corporation, a multinational financial services company he established in San Francisco, California. Often credited with democratizing investment, he has driven numerous innovations in the investment services industry—all designed to help individuals make the most of saving and investing. He is also recognized for pioneering discount sales of equity securities starting in 1975. In addition, Schwab takes an active interest in various charitable and community service activities.