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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Goldman Charles G
 2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2005		 3. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [SCH]
(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 - Strategy and Corp. Dev.
 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 14,877
D
 
Common Stock 4,125
I
by Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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
Incentive Stock Option (right to buy) 02/27/2003(1) 02/27/2012 Common Stock 7,500 $ 13.11 D  
Incentive Stock Option (right to buy) 07/18/2002(2) 07/18/2011 Common Stock 5,000 $ 15.02 D  
Incentive Stock Option (right to buy) 01/25/2002(1) 01/25/2011 Common Stock 5,000 $ 28.875 D  
Non-Qualified Stock Option (right to buy) 12/15/2004(3) 09/30/2011 Common Stock 91,241 $ 9.19 D  
Non-Qualified Stock Option (right to buy) 11/08/2004(4) 11/08/2012 Common Stock 5,000 $ 9.71 D  
Non-Qualified Stock Option (right to buy) 09/24/2002(2) 09/24/2011 Common Stock 11,000 $ 10.2 D  
Non-Qualified Stock Option (right to buy) 02/27/2003(1) 02/27/2012 Common Stock 7,500 $ 13.11 D  
Non-Qualified Stock Option (right to buy) 07/18/2002(2) 07/18/2011 Common Stock 50,000 $ 15.02 D  
Non-Qualified Stock Option (right to buy) 01/25/2002(1) 01/25/2011 Common Stock 5,000 $ 28.875 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Goldman Charles G
C/O THE CHARLES SCHWAB CORPORATION
120 KEARNY STREET
SAN FRANCISCO, CA 94108		       EVP - Strategy and Corp. Dev.  

Signatures

Charles G. Goldman 01/07/2004
**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 under the 1992 Stock Incentive Plan and/or 2001 Stock Incentive Plan and vest in four equal installments beginning on the first anniversary of the grant date.
(2) The options were granted under the 1992 Stock Incentive Plan and/or 2001 Stock Incentive Plan and vest 35% on the first anniversary of the grant date, 25% on the second anniversary of the grant date and 20% on each of the third and fourth anniversary of the grant date.
(3) The options were granted under the 1992 Stock Incentive Plan and/or 2001 Stock Incentive Plan and vest in four equal annual installments beginning on December 15, 2004.
(4) The options were granted under the 1992 Stock Incentive Plan and/or 2001 Stock Incentive Plan and vest 25% on each of the second and third anniversary of the grant date and 50% on the fourth anniversary of the grant date.

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