The leading financial services company currently has 400employees at the state-of-the-art facility at 12401 Research Blvd.,but anticipates beefing up that count by 600 by year's end andanother 2,000 by the end of 2001. Schwab ultimately expects tohouse 3,500 employees in the four-building complex. Schwab issponsoring a job fair Oct. 3 at Austin's Omni Hotel for prospectiveemployees.

Schwab also operates investor centers in Denver, Indianapolis,Orlando and Phoenix. Each investor center employs a mix ofregistered representatives, technologists, operations specialists,call team members, and managers. New employees undergo a six-weektraining program and four months later, a five-week trades classthat teaches how to place stock, mutual fund, option and bondtrades.

Charles Schwab, chairman and co-CEO, says Austin's lure is thecity's "entrepreneurial spirit" and skilled labor pool. The companymaintains two offices in Austin and 23 others in Texas. Schwabrecently opened a Latin America Center office in San Antonio.Austin also is home to Schwab's newest subsidiary, CyBerCorp, whichcaters to on-line investors.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.