What You Need to Know
- Schwab continues to aggressively hire professionals in financial and client service positions and other roles.
- There were about 1,000 positions listed at Schwab's online jobs board on Thursday.
- Very few of the listed jobs, however, were Ameritrade roles.
Charles Schwab continues to aggressively hire professionals in financial and client service positions and other roles, the company said Thursday.
“Schwab is hiring in nearly all areas and functions of the company, including our client services group and among our technology teams, and we are hiring for positions in multiple regions, including all of our service center locations,” a Schwab spokesperson told ThinkAdvisor.
However, the company didn’t specify how many people it plans to hire for all of 2022. “We don’t disclose specific future hiring projections,” the spokesperson said.
The hiring plan was underscored by the 1,000 or so job listings at Schwab’s online jobs board.
Despite the many job cuts that Schwab made after announcing its planned acquisition of TD Ameritrade, completed in October 2020, many of those cuts were at TDA and the firm has continued to hire aggressively otherwise.
As the company cited in its Business Update call on Jan. 28, Schwab “hired more than 300 financial consultants and more than 2,800 client service professionals across Schwab/Ameritrade” in 2021, the spokesperson said Thursday.
Most of the jobs listed on Schwab’s jobs board Thursday, however, are Schwab positions and not Ameritrade ones. Of the 1,000 or so job listings, only about 70 were for Ameritrade positions. Those Ameritrade positions included about 20 in financial planning.