This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Head Of Schwab Advisor Services Bernie Clark At The Opening Night Of IMPACT 2012 In Chicago, IL. (Photo: Business Wire)

In a compelling keynote address today from the main stage at IMPACT 2012 – one of the nation’s largest and longest-running annual gatherings of independent registered investment advisors (RIAs) – Bernie Clark, executive vice president of Charles Schwab & Co., Inc., and head of Schwab Advisor Services, emphasized the importance of cultivating the next generation of RIA leadership and outlined Schwab’s bold agenda to launch a series of forward-looking, advocacy-based initiatives in 2013 and beyond.
Head of Schwab Advisor Services Bernie Clark at the opening night of IMPACT 2012 in Chicago, IL. (Ph ...

Head of Schwab Advisor Services Bernie Clark at the opening night of IMPACT 2012 in Chicago, IL. (Photo: Business Wire)

Clark noted in his speech that the RIA industry was built by advisors willing to break with tradition in order to forge a new and better way to serve clients. It is that “explorer spirit,” according to Clark, that is required once again to propel the industry forward as traditional Wall Street firms and other competitors have taken steps to operate more like RIAs.

Schwab Advisor Services, a leading provider of custodial, operational and trading support for RIA firms, is planning a series of initiatives, beginning in 2013, aimed at providing support and advocacy for RIAs at a crucial time for the industry. The most critical needs, according to Schwab, are to prepare the next generation of RIAs for leadership, attract the best and the brightest to the profession, and broaden the universe of clients who recognize and understand the RIA difference.

“As a community, if we’re going to continue succeeding, we need a broad-based commitment to reach new clients and bring new people up through the ranks and into the business,” said Clark. “We must prepare the RIA community for the future, and to meet that challenge Schwab is taking important and demonstrable steps in three critical areas – internal succession, sourcing new talent, and investor education.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs