At its IMPACT 2012 conference today, Bernie Clark, executive vice president and head of Schwab Advisor Services announced the development and enhancement of two separate state-of-the-art learning facilities at UC Irvine and Texas Tech, which offer students the ability to receive high-quality training and educational tools in the areas of investment and wealth management. The development of these hands-on learning environments at both universities was made possible by Charles Schwab and the Charles Schwab Foundation through contributions of resources, technology and funds to build a new facility and enhance an existing one.
Bernie Clark, head of Schwab Advisor Services, with Texas Tech students at IMPACT 2012 in Chicago, IL (Photo: Business Wire)
“We are honored to have the opportunity to help support such widely respected academic institutions as UCI and Texas Tech, with whom we share the vision and goal of cultivating innovative and highly-skilled future business leaders,” said Bernie Clark. “We look forward to taking new steps to help further their work and to support those who are seeking to enter the financial services industry with the skills and know-how necessary to hit the ground running.”
At UCI, plans are in place within the university’s Paul Merage School of Business to create the Charles Schwab Trading and Technology Lab, a new, dynamic trading floor and technology facility. Scheduled to break ground in 2013, this new facility will mimic the environment and layout found at a securities-trading floor and allow students to access the latest financial market data, along with real-world tools and technology such as interactive trade stations featuring Bloomberg, Chicago Mercantile Exchange, Thomson/Reuters, Matlab, Factset, eSignal, TV monitors streaming global financial news and tickertape.