Richard A. Wurster net worth and biography

Richard Wurster Biography and Net Worth

President of Charles Schwab

Rick Wurster was appointed President of The Charles Schwab Corporation in October 2021. In his role, Wurster oversees Investor Services, Advisor Services, Workplace Financial Services, Digital Services, Schwab Asset Management, Third-Party Platforms, and Investor Advice Solutions. He is also CEO of Charles Schwab Investment Management, Inc. (CSIM).

Wurster joined Schwab in early 2016. He was most recently head of Schwab Asset Management Solutions which provided money management and portfolio advice solutions, wealth management services, financial research, and market insights. He previously served as CEO of Charles Schwab Investment Advisory, Inc. (CSIA), as well as CEO of ThomasPartners, Inc. and Windhaven Investment Management, Inc. prior to their integration into CSIA.

Before joining Schwab, Wurster was employed at Wellington Management and McKinsey & Company where he was a leader of the asset management practice and an Associate Principal.

Wurster earned a Master of Business Administration from The Tuck School of Business at Dartmouth College and a Bachelor of Science in economics from Villanova University. He holds both the Chartered Financial Analyst® (CFA) and Chartered Market Technician® (CMT) designations. He also serves on the investment committees for the San Francisco Museum of Modern Art and the Menlo Park-Atherton Education Foundation, as well as the Board of Governors for First Tee.

What is Richard A. Wurster's net worth?: The estimated net worth of Richard A. Wurster is at least $11.60 million as of July 17th, 2024. Mr. Wurster owns 144,228 shares of Charles Schwab stock worth more than $11,604,585 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Wurster may own. Additionally, Mr. Wurster receives an annual salary of $3,160,000.00 as President at Charles Schwab. Learn More about Richard A. Wurster's net worth.
How old is Richard A. Wurster?: Mr. Wurster is currently 50 years old. There are 5 older executives and no younger executives at Charles Schwab. The oldest executive at Charles Schwab is Mr. Charles Robert Schwab, Founder & Co-Chairman, who is 87 years old. Learn More on Richard A. Wurster's age.
What is Richard A. Wurster's salary?: As the President of The Charles Schwab Co., Mr. Wurster earns $3,160,000.00 per year. The highest earning executive at Charles Schwab is Mr. Walter William Bettinger II, CEO & Co-Chairman, who commands a salary of $5,620,000.00 per year. Learn More on Richard A. Wurster's salary.
How do I contact Richard A. Wurster?: The corporate mailing address for Mr. Wurster and other Charles Schwab executives is 211 MAIN STREET, SAN FRANCISCO CA, 94105. Charles Schwab can also be reached via phone at (817) 859-5000 and via email at [email protected]. Learn More on Richard A. Wurster's contact information.
Has Richard A. Wurster been buying or selling shares of Charles Schwab?: Richard A. Wurster has not been actively trading shares of Charles Schwab in the last ninety days. Most recently, on Wednesday, July 17th, Richard A. Wurster bought 10,000 shares of Charles Schwab stock. The stock was acquired at an average cost of $62.05 per share, with a total value of $620,500.00. Following the completion of the transaction, the president now directly owns 144,228 shares of the company's stock, valued at $8,949,347.40. Learn More on Richard A. Wurster's trading history.
Who are Charles Schwab's active insiders?: Charles Schwab's insider roster includes Walter Bettinger (CEO), Marianne Brown (Director), Marie Chandoha (CEO), Bernard Clark (EVP), Jonathan Craig (EVP), Peter Crawford (CFO), Joan Dea (Director), Christopher Dodds (Director), Mark Goldfarb (Director), William Haraf (Director), Frank Herringer (Director), Terri Kallsen (EVP), Joseph Martinetto (COO), Stephen McLin (Director), Peter Morgan, III (EVP), Nigel Murtagh (EVP), Todd Ricketts (Director), Charles Ruffel (Director), Charles Schwab (Chairman), Carolyn Schwab-Pomerantz (Director), Paula Sneed (Director), Roger Walther (Director), Paul Woolway (Managing Director, Chief Banking Officer), and Richard Wurster (President). Learn More on Charles Schwab's active insiders.
Are insiders buying or selling shares of Charles Schwab?: In the last twelve months, Charles Schwab insiders bought shares 2 times. They purchased a total of 35,000 shares worth more than $2,277,000.00. In the last twelve months, insiders at the financial services provider sold shares 43 times. They sold a total of 1,102,182 shares worth more than $78,700,415.38. The most recent insider tranaction occured on November, 18th when Director Christopher V Dodds sold 9,284 shares worth more than $755,996.12. Insiders at Charles Schwab own 6.6% of the company. Learn More about insider trades at Charles Schwab.
Information on this page was last updated on 11/18/2024.

Richard A. Wurster Insider Trading History at Charles Schwab

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
7/17/2024	Buy	10,000	$62.05	$620,500.00	144,228
3/17/2023	Buy	2,000	$54.39	$108,780.00	101,391
2/9/2022	Sell	61,423	$94.62	$5,811,844.26

Richard A. Wurster Buying and Selling Activity at Charles Schwab

Charles Schwab Company Overview

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content. The Company operates through branch offices. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

Today's Range

Now: $80.46

$79.42

$80.52

50 Day Range

MA: $69.79

$61.74

$81.40

2 Week Range

Now: $80.46

$55.42

$82.50

Volume

5,789,516 shs

Average Volume

8,249,559 shs

Market Capitalization

$143.19 billion

P/E Ratio

31.43

Dividend Yield

1.25%

Beta

0.96

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Richard Wurster Biography and Net Worth

What is Richard A. Wurster's net worth?

How old is Richard A. Wurster?

What is Richard A. Wurster's salary?

How do I contact Richard A. Wurster?

Has Richard A. Wurster been buying or selling shares of Charles Schwab?

Who are Charles Schwab's active insiders?

Are insiders buying or selling shares of Charles Schwab?