Charles M. Schwab was an American businessman and investor, best known for founding the brokerage firm Charles Schwab Corporation in 1971. He played a significant role in making investing accessible to everyday people by offering low-cost trading options and user-friendly services. Born on February 18, 1937, Schwab's innovative approach transformed the financial services industry. His firm became a leader in discount brokerage, allowing clients to manage their investments more independently. Today, Charles Schwab Corporation continues to be a major player in the financial sector, providing a range of services including retirement planning and wealth management.