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 *
  Hier-King Jan
 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 - Human Resources
 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 19,553.35
D
 
Common Stock 6,755.17
I
ESOP
Common Stock 72,138
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) 12/07/1996 12/07/2005 Common Stock 27,000 $ 3.3519 D  
Incentive Stock Option (right to buy) 02/26/1998 02/26/2007 Common Stock 25,314 $ 5.7963 D  
Incentive Stock Option (right to buy) 02/23/1999 02/23/2008 Common Stock 18,000 $ 8.7222 D  
Incentive Stock Option (right to buy) 10/23/2006 10/23/2012 Common Stock 1,250 $ 9.32 D  
Incentive Stock Option (right to buy) 02/27/2006 02/27/2012 Common Stock 2,500 $ 13.11 D  
Incentive Stock Option (right to buy) 07/18/2005 07/18/2011 Common Stock 1,787 $ 15.02 D  
Incentive Stock Option (right to buy) 02/28/2005 02/28/2011 Common Stock 3,500 $ 20.9 D  
Incentive Stock Option (right to buy) 02/25/2000 02/25/2009 Common Stock 8,955 $ 23.3125 D  
Incentive Stock Option (right to buy) 02/23/2001 02/23/2010 Common Stock 3,791 $ 26.375 D  
Non-Qualified Stock Option (right to buy) 12/07/1996 12/07/2005 Common Stock 27,000 $ 3.3519 D  
Non-Qualified Stock Option (right to buy) 08/01/1998 02/26/2007 Common Stock 25,314 $ 6.8796 D  
Non-Qualified Stock Option (right to buy) 02/23/1999 02/23/2008 Common Stock 18,000 $ 8.7222 D  
Non-Qualified Stock Option (right to buy) 12/15/2004 09/30/2011 Common Stock 91,241 $ 9.19 D  
Non-Qualified Stock Option (right to buy) 10/23/2003 10/23/2012 Common Stock 3,750 $ 9.32 D  
Non-Qualified Stock Option (right to buy) 11/08/2004 11/08/2012 Common Stock 18,000 $ 9.71 D  
Non-Qualified Stock Option (right to buy) 09/24/2002 09/24/2011 Common Stock 11,600 $ 10.2 D  
Non-Qualified Stock Option (right to buy) 02/27/2003 02/27/2012 Common Stock 7,500 $ 13.11 D  
Non-Qualified Stock Option (right to buy) 07/18/2002 07/18/2011 Common Stock 56,213 $ 15.02 D  
Non-Qualified Stock Option (right to buy) 05/04/2001 05/04/2011 Common Stock 3,000 $ 20.68 D  
Non-Qualified Stock Option (right to buy) 02/28/2002 02/28/2011 Common Stock 16,500 $ 20.9 D  
Non-Qualified Stock Option (right to buy) 02/25/2000 02/25/2009 Common Stock 15,045 $ 23.3125 D  
Non-Qualified Stock Option (right to buy) 11/01/2000 11/01/2009 Common Stock 7,500 $ 25.9167 D  
Non-Qualified Stock Option (right to buy) 02/23/2001 02/23/2010 Common Stock 12,710 $ 26.375 D  
Non-Qualified Stock Option (right to buy) 12/15/2003 12/15/2010 Common Stock 40,000 $ 28.75 D  
Non-Qualified Stock Option (right to buy) 10/25/2001 10/25/2010 Common Stock 5,000 $ 31.0625 D  
Non-Qualified Stock Option (right to buy) 04/20/2000 04/20/2009 Common Stock 3,000 $ 35.5833 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hier-King Jan
C/O THE CHARLES SCHWAB CORPORATION
120 KEARNY STREET
SAN FRANCISCO, CA 94108		       EVP - Human Resources  

Signatures

Jan Hier-King 01/04/2005
**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).

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