Charles Schwab Gives Wealth Management A Makeover
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David Peck has the target in his sights and it’s big, fat and ready for the taking.
The senior vice president of Charles Schwab Institutional, a division of Charles Schwab, is leading a team to create new technologies for independent financial advisors to cater to a rising market niche: the mass affluent. Financial firms like Schwab and its competitors are stepping up their efforts to reach and serve this attractive and lucrative clientele.
Although the definition of mass affluent differs from
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