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Segment Information
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Schwab’s two reportable segments are Investor Services and Advisor Services. Schwab structures the operating segments according to its clients and the services provided to those clients. The Investor Services segment provides retail brokerage, investment advisory, and banking and trust services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, banking and trust, and support services, as well as retirement business services, to independent RIAs, independent retirement advisors, and recordkeepers. Revenues and expenses are attributed to the two segments based on which segment services the client.

Management evaluates the performance of the segments on a pre-tax basis. Segment assets and liabilities are not used for evaluating segment performance or in deciding how to allocate resources to segments. There are no revenues from transactions between the segments.
Financial information for the segments is presented in the following table:
Investor ServicesAdvisor ServicesTotal
Three Months Ended March 31,202420232024202320242023
Net Revenues
Net interest revenue$1,742 $2,033 $491 $737 $2,233 $2,770 
Asset management and administration fees947 805 401 313 1,348 1,118 
Trading revenue713 775 104 117 817 892 
Bank deposit account fees135 99 48 52 183 151 
Other135 151 24 34 159 185 
Total net revenues3,672 3,863 1,068 1,253 4,740 5,116 
Expenses Excluding Interest2,265 2,233 677 773 2,942 3,006 
Income before taxes on income$1,407 $1,630 $391 $480 $1,798 $2,110