Charles Schwab franchise
A financial services branch offering clients investment guidance and access to approved products. At the end of 2025 there were 382 Charles Schwab locations in the US, 95 franchised and 287 company-owned, so most are run by the company itself.
- Cost to open
- $104K–$222K
- Franchise fee
- $50,000
- Royalty
- Branch fees and net-payout arrangement
- Locations, 2025
- 382+13 in 3 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From CHARLES SCHWAB & CO INC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Charles Schwab franchise costs
Opening Franchise branch costs an estimated $103,605 to $221,705. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: CHARLES SCHWAB & CO INC, 2026 filing, page 43
Charles Schwab franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: CHARLES SCHWAB & CO INC, 2026 filing, page 28
Royalty and ongoing fees
| Royalty | Monthly association, client servicing, premises and technology fees apply under the branch compensation arrangement; compensation is reconciled through the franchisee’s net payout. |
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The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: CHARLES SCHWAB & CO INC, 2026 filing, page 28
Sales and earnings
Shares figures Charles Schwab publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: CHARLES SCHWAB & CO INC, 2026 filing, page 83
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 92 (+10) | 288 | 0 |
| 2024 | 95 (+3) | 286 | 1 |
| 2025 | 95 (0) | 287 | 1 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Charles Schwab passes four of the five tests on our list of the best franchises to own; it isn't on the SBA Franchise Directory.
Source: CHARLES SCHWAB & CO INC, 2026 filing, page 96
