The Charles Schwab Corporation is a bank and brokerage firm, based in San Francisco, California. It was founded in 1971 by Charles R. Schwab. It is on the list of largest banks in the United States and is one of the largest brokerage firms in the United States. The company provides services for individuals and institutions that are investing online. The company offers an electronic trading platform for the purchase and sale of financial securities including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, mutual funds, and fixed income investments. It also provides margin lending, and cash management services. The company also provides services through registered investment advisers.
| Key people | Charles Schwab (Chairman) Walt Bettinger (President and CEO) |
|---|---|
| Founded | April 1971 (as First Commander Corporation) |
| Traded as | NYSE: SCHW S&P 500 Component |
| Headquarters | San Francisco, California |
| Total assets | US$223.383 billion (2016) |
NPS is a customer loyalty metric that measures customers’ willingness to not only return for another purchase or service but also make a recommendation to their family, friends or colleagues.
It is a powerful and effective technique, which can greatly increase a company's revenue if used properly.
The main advantages of NPS are close correlation with a company's growth and easy collection, interpretation and communication of the data.
Yes, it is.
Net Promoter Score is a number from -100 from 100.
Scores higher than 0 are typically considered to be good and scores above 50 are considered to be excellent.
The industry average for Financial Services / Brokerage and investments is 51.
The final Net Promoter Score of a company strongly depends on a context in which the satisfaction is measured.
Consider an example: If Charles Schwab Corporation sends out NPS surveys immediately after purchase, they are tracking their customers' initial excitement and the checkout experience.
On the other hand, if they survey their customers a few weeks after the purchase they are also tracking how satisfied their customers are with their products and services over time.
Therefore, comparing the NPS score of Charles Schwab Corporation with your own without any further context is not that useful.
What is extremely useful though, is using the NPS methodology to track the satisfaction of your customers over time. That's where Customer.guru comes in.
How are your customers satisfied depending on:
| Company | Score |
|---|---|
| Charles Schwab Corporation | 52 |
| Vanguard | 59 |
| C2FO | 61 |
| Hargreaves Lansdown | 34 |
| Cornerstone Credit Union League | 75 |
| SATO | 23 |
| Score | Date | Source |
|---|---|---|
|
52
|
2015-04-24 | http://www.thestreet.com/story/13125662/1/schwab-charles-schw-earnings-report-q1-2015-conference-call-transcript.html |
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