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Charles Schwab vs Fidelity Investments

On overall TruNorth grade, Fidelity Investments scores higher (Charles Schwab: D, Fidelity Investments: D). Both graded from public records across nine values categories.

D
Charles Schwab
42.8/100
D
Fidelity Investments
44.2/100

Political donations

Charles Schwab

FEC: $31K PAC donations; 63% to Republican, 37% to Democratic committees.

Fidelity Investments

No public record found.

Environment

Charles Schwab

No public record found.

Fidelity Investments

Net Zero Asset Managers active member (signed 2021) under Glasgow Financial Alliance for Net Zero (GFANZ) umbrella.

Labor

Charles Schwab

60 federal penalties totaling $1.1B since 2000 (Violation Tracker).

Fidelity Investments

14 federal penalties totaling $54.1M since 2000 (Violation Tracker).

DEI

Charles Schwab

HRC Corporate Equality Index: 100/100 — Equality 100 Leader (2025). Top-rated LGBTQ+ workplace policies, benefits, and culture. HRC Corporate Equality Index 100/100 (2025) — top-tier LGBTQ+ workplace equality rating.

Fidelity Investments

No public record found.

Charity

Charles Schwab

$18M reported corporate giving in 2024 (~0.09% of revenue) via Charles Schwab Foundation. Operates the Charles Schwab Corporation Foundation: $15.7M in charitable contributions, gifts & grants paid (FY2023, IRS Form 990-PF).

Fidelity Investments

$100M reported corporate giving in 2024 (~0.30% of revenue) via Fidelity Charitable.

Animal testing

Charles Schwab

No public record found.

Fidelity Investments

No public record found.

Firearms

Charles Schwab

No public record found.

Fidelity Investments

No public record found.

Privacy

Charles Schwab

CFPB consumer complaints: 1313 on record (100 in past 12mo); 100% timely response rate.

Fidelity Investments

Terms-of-service privacy grade D (poor) via ToS;DR (tosdr.org), CC BY-SA 3.0 — transformed to TruNorth's scale.

Executive pay

Charles Schwab

CEO-to-median-worker pay ratio 143:1 (median employee pay $131,480) — SEC proxy statement (DEF 14A, 2026).

Fidelity Investments

No public record found.

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