Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Brigeman Benjamin L
 2. Date of Event Requiring Statement (Month/Day/Year)
07/02/2007		 3. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [SCHW]
(Last)
(First)
(Middle)
C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP - Schwab Investor Services
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94108		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 13,337
D
 
Common Stock 23,776
I
by Trust
Common Stock 1,532
I
by 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) 02/25/2003 02/25/2009 Common Stock 11,250 $ 23.3125 D  
Incentive Stock Option (right to buy) 02/25/2003 02/25/2009 Common Stock 11,250 $ 23.3125 D  
Non-Qualified Stock Option (right to buy) 11/01/2003 11/01/2009 Common Stock 7,500 $ 25.9167 D  
Non-Qualified Stock Option (right to buy) 02/23/2004 02/23/2010 Common Stock 3,188 $ 26.375 D  
Incentive Stock Option (right to buy) 02/23/2004 02/23/2010 Common Stock 2,063 $ 26.375 D  
Non-Qualified Stock Option (right to buy) 10/25/2004 10/25/2010 Common Stock 5,000 $ 31.0625 D  
Non-Qualified Stock Option (right to buy) 12/15/2004 12/15/2010 Common Stock 33,000 $ 28.75 D  
Non-Qualified Stock Option (right to buy) 02/28/2003 02/28/2011 Common Stock 5,000 $ 20.9 D  
Incentive Stock Option (right to buy) 02/28/2005 02/28/2011 Common Stock 5,000 $ 20.9 D  
Non-Qualified Stock Option (right to buy) 05/04/2001 05/04/2011 Common Stock 2,500 $ 20.68 D  
Non-Qualified Stock Option (right to buy) 07/18/2004 07/18/2011 Common Stock 8,327 $ 15.02 D  
Incentive Stock Option (right to buy) 07/18/2005 07/18/2011 Common Stock 3,173 $ 15.02 D  
Non-Qualified Stock Option (right to buy) 07/18/2005 07/18/2011 Common Stock 55,000 $ 15.02 D  
Non-Qualified Stock Option (right to buy) 09/24/2005 09/24/2011 Common Stock 13,300 $ 10.2 D  
Non-Qualified Stock Option (right to buy) 02/27/2005 02/27/2012 Common Stock 13,993 $ 13.11 D  
Incentive Stock Option (right to buy) 02/27/2006 02/27/2012 Common Stock 6,007 $ 13.11 D  
Non-Qualified Stock Option (right to buy) 11/08/2006 11/08/2012 Common Stock 16,000 $ 9.71 D  
Non-Qualified Stock Option (right to buy)   (1) 09/30/2011 Common Stock 21,898 $ 9.19 D  
Non-Qualified Stock Option (right to buy)   (2) 10/30/2013 Common Stock 20,271 $ 19.186 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brigeman Benjamin L
C/O THE CHARLES SCHWAB CORPORATION
120 KEARNY STREET
SAN FRANCISCO, CA 94108		       EVP - Schwab Investor Services  

Signatures

Benjamin L. Brigeman 07/09/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The options were granted on 09/30/2004 under the 2004 Stock Incentive Plan and vest 40% on the first anniversary of the grant date and 20% on the second, third and fourth anniversary of the grant date.
(2) The options were granted on 10/30/2006 under the 2004 Stock Incentive Plan and vest in four equal installments beginning on the first anniversary of the grant date.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.