When it comes to investing, there are a lot of choices out there for where to put your money. But what about where to put your career? If you’re considering a job in the investment industry, you might be wondering about the differences between two of the biggest firms out there:
Both Charles Schwab and Fisher Investments are large, well-known financial firms. So, which one is the better place to work? In this blog post, we’ll take a side-by-side look at both companies to see how they stack up in terms of compensation, benefits, culture, and more.
Let’s start with compensation. At Charles Schwab, entry-level investment associates can expect to earn a base salary in the low $60,000s. Not too shabby! But at Fisher Investments, those same associates can expect to make a base salary closer to $90,000. That’s a pretty significant difference! Of course, salaries at both firms will increase with experience and position, but it’s worth noting that starting salaries are much higher at Fisher Investments.
When it comes to company culture, Charles Schwab and Fisher Investments are pretty similar. Both firms pride themselves on being collaborative and team-oriented—so if you’re looking for a cutthroat environment where only the strongest Survive, you might want to look elsewhere. That said, each firm does have its own unique culture—so if you’re considering applying to both, make sure to do your research and see which one feels like the best fit for you.
Benefits and Perks
Both Charles Schwab and Fisher Investments offer their employees competitive benefits packages, including health insurance, 401(k) matching programs, and generous vacation time. However, when it comes to other perks and amenities, Fisher Investments definitely has an edge. Their Camas, WA headquarters feature an on-site gym, restaurants, and even a putting green! Meanwhile, at Charles Schwab’s San Francisco headquarters, employees can take advantage of an on-site concierge service and dry cleaning pick-up/drop-off. So if perks are important to you, Fisher Investments is probably the way to go.
At the end of the day, no matter which firm you choose to work at, salary satisfaction is a key factor for any job. So how do Charles Schwab and Fisher Investments stack up in this regard? According to Indeed, employees at both firms are mostly satisfied with their salaries—with Fisher Investments coming out slightly ahead at 4.2 stars compared to Charles Schwab’s 4.1 stars.
Finally, let’s take a look at employee ratings. According to Glassdoor, Charles Schwab and Fisher Investments both have glowing reviews of their work environments, with 4.5 stars each. Employees especially like the competitive pay and benefits packages at both firms—as well as the sense of job security that comes with working for two well-established companies.
The Bottom Line
So there you have it: a side-by-side comparison of working at Charles Schwab vs Fisher Investments. While both firms offer competitive compensation packages and benefits, it’s clear that Fisher Investments has an edge in terms of perks and salary satisfaction. Ultimately, the decision is up to you—but whichever firm you choose, we wish you the best of luck in your new job!
Both Charles Schwab and Fisher Investments are great places to work. It really depends on your individual preferences as to which one is the right fit for you. If you’re looking for a more traditional workplace with great benefits, then Charles Schwab is the way to go. If you’re looking for a relaxed environment with some unique perks, then Fisher Investments is worth considering.
Now that you know the differences between Charles Schwab and Fisher Investments, it’s time to make your decision. Good luck!