Franopolis
    vsKI

    Franchise opportunities compared

    Charles Schwab vs Keystone Insurers Services Group

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Charles Schwab2026 FDDKIKeystone Insurers Services Group2025 FDD

    Initial investment · Item 7

    Charles Schwab

    $103,605

    2026 FDD · Item 7 · PDF p. 43

    Keystone Insurers Services Group

    $27,250 – $99,200

    2025 FDD · Item 7 · PDF p. 24

    Initial franchise fee · Item 5

    Charles Schwab

    Not available

    Keystone Insurers Services Group

    Not available

    Royalty · Item 6

    Charles Schwab

    Not available

    Keystone Insurers Services Group

    Not available

    Before you compare

    • Charles Schwab figures come from its 2026 FDD and Keystone Insurers Services Group figures from its 2025 FDD, so the years differ.
    • Only Charles Schwab has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Charles Schwab

    $103,605
    (See Notes 3 & 13) $1,200 to $2,400 Paid by you directly As incurred Third party vendors TOTAL* — 103605
    2026 FDD · Item 7 · PDF p. 43

    Keystone Insurers Services Group

    $27,250 – $99,200
    Estimated initial investment total range
    2025 FDD · Item 7 · PDF p. 24
    Standard initial franchise fee (Item 5)

    Charles Schwab

    Not available
    No single standard fee identified

    Keystone Insurers Services Group

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Charles Schwab

    Not available
    No reviewed royalty record

    Keystone Insurers Services Group

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Charles Schwab

    Not available
    No reviewed brand or advertising fund fee

    Keystone Insurers Services Group

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Charles Schwab

    382
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 96

    Keystone Insurers Services Group

    302
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 48
    Net outlet change (Item 20)

    Charles Schwab

    +2
    Calculated: 380 at end of 2023 → 382 at end of 2025

    Keystone Insurers Services Group

    +17
    Calculated: 285 at end of 2022 → 302 at end of 2024
    Outlet exits (Item 20)

    Charles Schwab

    Not available
    No complete exit records for a year

    Keystone Insurers Services Group

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Charles Schwab

    Not available
    Not in reviewed records

    Keystone Insurers Services Group

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Charles Schwab

    Not available
    Not in reviewed records

    Keystone Insurers Services Group

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Charles Schwab
    Locations counted not stated in the reviewed record — Table6c franchised branches; all eligible branches
    91 branches
    other Table6c 2024
    2026 FDD · Item 19 · PDF p. 95
    Locations counted not stated in the reviewed record — Table4a franchised branches; all eligible branches
    $44
    other Table4a 12months
    2026 FDD · Item 19 · PDF p. 90
    Locations counted not stated in the reviewed record — Table4c franchised branches; all eligible branches
    $188
    other Table4c 2021
    2026 FDD · Item 19 · PDF p. 91
    +45 more groups in the full report
    KIKeystone Insurers Services Group

    No reviewed Item 19 figures

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Charles Schwab vs Keystone Insurers Services Group: common questions

    Which costs less to open, Charles Schwab or Keystone Insurers Services Group?
    Charles Schwab: $103,605 (2026 FDD · Item 7 · PDF p. 43); Keystone Insurers Services Group: $27,250 – $99,200 (2025 FDD · Item 7 · PDF p. 24). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Keystone Insurers Services Group. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Charles Schwab or Keystone Insurers Services Group?
    Charles Schwab: 382 (2026 FDD · Item 20 · PDF p. 96); Keystone Insurers Services Group: 302 (2025 FDD · Item 20 · PDF p. 48). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Charles Schwab and Keystone Insurers Services Group disclose financial performance (Item 19)?
    Charles Schwab has reviewed Item 19 figures for 48 location groups; Keystone Insurers Services Group has no reviewed Item 19 figures on file. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Charles Schwab report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    KI

    Full Keystone Insurers Services Group report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Compare Charles Schwab with

    Compare Keystone Insurers Services Group with

    Add a third brand

    Compare up to four side by side

    Explore by brand

    Filter every published report

    FDD glossary

    Plain-language meaning of each Item