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More than 5,000 attendees spent the week in San Diego at the Schwab IMPACT Conference, hearing from the likes of Charles Schwab himself and attending events like a One Republic concert.
The markets tend not to overreact to most turbulent political and social environments, said Michael Townsend, Schwab’s head of legislative and regulatory affairs.
The firm has launched a single-signature feature for clients, as well as simplified billing, and integrated workflows introduced for financial advisors.
Firms may be cognizant that the wealth gap is an issue, but may feel they don't have the tools or language to respond, said Chloe McKenzie, CEO of On a Wealth Kick, speaking at Schwab IMPACT.