The discount brokerage giant says Wisconsin man took list of “HNW” clients with him to Fidelity Investments.
After six years of holding fire amid rock-bottom interest rates and waived fund fees, discount brokerage giant sets off pricing war, led by $2 cut in stock and ETF trading commission.
Discount brokerage executives say DOL fiduciary rule will expose high fees and low advisory account payouts at full-service firms.
When it comes to the “most important measurement of competitive standing,” Schwab is thriving, Bettinger tells investors.
Charles Schwab Corp. does not see itself as being much better off than other broker-dealers grappling with the Department of Labor’s impending fiduciary rule.
Attention, private bankers and upper-high-net-worth brokers!
Naureen Hassan, the executive most symbolic of Charles Schwab & Co.’s highly publicized robo-advisor, has resigned to take a position at a rival financial company.