Welcome!

IoT User Interface Authors: Carmen Gonzalez, John Basso, Liz McMillan, Elizabeth White, Greg O'Connor

News Feed Item

Charles Schwab Invests in Future Business Leaders by Donating Technology, Resources and Facilities to Leading Business Schools

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, I ...

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.

In addition, Schwab has donated a technology package, which includes license seats to Schwab Performance Technologies' PortfolioCenter® - one of the most widely used portfolio management applications available in the financial services industry and SchwabAdvisorCenter.com, the website used by RIAs who custody assets with Schwab Advisor Services. Schwab is also including the Schwab OpenView Gateway and the Schwab OpenView Workflow Library from Schwab Intelligent Technologies -- recently developed solutions focused on helping advisors scale their firms and better serve their clients by integrating technology and best practices workflows. Schwab will provide a tutorial environment, complete with demo data, so that students can receive hands-on experience in using the technology and role playing a wide range of advisor activities from business development and client service to investment management and back office operations.

“For a business school at the forefront of innovation, collaboration, research and technology, we want our students to receive the highest quality education through a practical and hands-on learning experience. This donation will make the Charles Schwab Trading Lab a reality, providing the leading concepts in a practical training ground for future leaders in the financial services industry,” said Andy Policano, dean of the Merage School.

Schwab will continue to support Texas Tech by working with the university to upgrade its Charles Schwab Personal Financial Planning Complex, originally constructed in 2009, following a donation from the company. The facility, which is used by more than 300 undergraduate and graduate students in the University’s Personal Financial Planning Department, is comprised of four rooms that house a 40-workstation technology classroom, a 16-unit technology work lab, and resource workspace, including conference and recording rooms. Designed to offer hands-on financial planning experience in client portfolio management, reporting and customer relationship management, students receive training and access to Schwab PortfolioCenter®, as well as a SchwabAdvisorCenter.com. Schwab will also include the Schwab OpenView Gateway and the Schwab OpenView Workflow Library. The donation from Schwab will be used for enhancements to the Charles Schwab Personal Financial Planning Complex including replacement computers, printers and recording equipment, as well as additional printers and data storage to accommodate the growing appetite for real-world money management experience among the student body.

In addition to direct donations, Schwab is hosting students from seven universities to gain industry education and networking opportunities at the 21st annual IMPACT conference, one of the largest gatherings for independent investment advisors in the financial services industry. Schwab announced its continued investments in UCI and Texas Tech at a special student luncheon and panel discussion on Thursday, November 15, which served as a meeting ground for both students and advisors. The luncheon also provided an opportunity for attendees to learn more about the educational initiatives, the value they have provided to students to date, and the impact these types of programs will have on shaping future business leaders within the industry going forward. Schwab’s Bernie Clark provided opening remarks to the panel discussion, with featured panelists including: Christine Daminco, Financial Planning Resident, Cornerstone Wealth Advisors, Inc.; Elissa Buie, CFP®, President and CEO, Yeske Buie and Adjunct Professor, Golden Gate University; and Barry Glassman, CFP®, CFS, President, Glassman Wealth Services.

For updates on news and events at IMPACT, follow @Schwab4RIAs and read our blog: http://aboutschwab.com/blog/category/independent_advisors

About Schwab’s Advocacy Services

Schwab Advisor Services engages in a wide range of efforts to support and advance the independent advisory industry. Activities include donations to non-profit organizations and universities, as well as providing a voice in Washington, D.C. on regulatory and public affairs issues impacting RIAs. Schwab Advisor Services established the IMPACT Awards in 2006 to honor advisors and firms that have advanced the industry through their visionary leadership, operational excellence and technology innovation and is the driver behind RIAStandsForYou.com, a multi-media national advertising campaign with a local marketing strategy that aims to support the independent RIA category and increase awareness of the independent advisory model among high net-worth investors.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 300 offices and 8.7 million active brokerage accounts, 1.6 million corporate retirement plan participants, 851,000 banking accounts, and $1.9 trillion in client assets as of October 31, 2012. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Advisor Services division. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides trust and custody services, banking and mortgage services and products. More information is available at www.schwab.com and www.aboutschwab.com. Investment products offered by Charles Schwab & Co., Inc. are not insured by the FDIC, are not deposits or obligations of Charles Schwab Bank, and are subject to investment risk, including the possible loss of principal invested.

About Charles Schwab Foundation

The Charles Schwab Foundation is a nonprofit public benefit corporation, classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that everyone has the opportunity to achieve financial well-being. More information is available at www.aboutschwab.com/community_services. (1112-7407)

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.