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Schwab Advisor Services Marks Decade of Helping to Fuel the Talent Pipeline with Record Number of Student Attendees at Schwab IMPACT®Schwab Advisor Services today announced that 74 students from financial planning programs at 13 different universities are participating in the annual IMPACT® conference. IMPACT is the largest and longest-running annual gathering of independent advisors in the nation. Over the past decade, Schwab has sponsored the attendance of more than 600 undergraduate students from 23 universities as part of its commitment to helping independent advisors attract and develop top emerging talent. The potential next-generation advisors will participate in a custom-tailored schedule at IMPACT, which includes educational and networking opportunities that provide a firsthand look at the financial planning profession. Independent advisory firm leaders believe that next-generation advisors are critical to sustained industry vitality. According to Schwab's Independent Advisor Outlook Study, nearly half (44%) of advisors say that finding and retaining talent will be critical to their firms' success over the next ten years,1 and most advisors (70%) report that they are focused on hiring entry-level and mid-level employees2 who can grow with the firm. "Forward-looking firms recognize that change is on the horizon and therefore look to hire employees who can meet evolving client needs," said Lisa Salvi, vice president, Business Consulting Services, Schwab Advisor Services. IMPACT 2017 Student Agenda Highlights In addition to joining general sessions and education sessions, students at IMPACT have opportunities to meet with advisors and learn about trends in the financial advice industry. Highlights of this year's student agenda include:
Record of Welcoming Next-Generation Advisors to the Profession The IMPACT student program is one example of Schwab Advisor Services' longstanding commitment to ultivating the next generation of independent advisors. "The one-of-a-kind student experience at IMPACT is an extension of the many investments Schwab makes year-round to attract fresh talent to the industry," Salvi said. "IMPACT is an ideal environment for students who are considering financial planning because it allows them to learn more about the career path and make connections with leaders in the field." Other key initiatives include:
"As the industry continues to mature, independent advisors must become even more strategic about attracting a new generation of talent and clients," Salvi said. "Schwab is proud to help advisors take their practices to the next level and contribute to the ongoing vibrancy of the independent advice industry." About Charles Schwab At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients' goals with passion and integrity. More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn. Disclosures Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com. 1 Schwab Independent Advisor Outlook Study, Fall 2016 2 Schwab Independent Advisor Outlook Study, Fall 2017 Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support of Schwab. Independent investment advisors and Schwab are independent of each other and are not affiliated with, sponsored by, endorsed by, or supervised by each other. For informational purposes only. (1117-7GYZ)
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