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Rating:Schwab Impact Curtailed Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, September 25, 2001

Schwab Impact Curtailed

Reported by Sean Hanna, Editor in Chief

Schwab's annual Impact conference will be curtailed, but it will go on. The conference is the largest for advisors and is used by many fund firms as a way to reach advisors who use Schwab as their custodian.

The conference had been set to run for five days in Seattle starting in two weeks. Instead the event is being curtailed to three days so that advisors will have less time away from their clients and families, explained Deborah McWhinney, president of Schwab's Services for Investment Managers.

Impact will start on October 9 and run through October 11, 2001 at the Washington State Convention & Trade Center in Seattle, Washington. The agenda has also been rearranged to include speakers who are experts on security and speakers from the government.

Additional information, as well as continuing updates, will be available on the conference Web site, www.impact.schwab.com.

Schwab officials also decided to reduce fees for attendees and exhibitors to reflect the reduced agenda. Attendee fees will be cut to $650 from the previous fee of $820 or $1,050 and exhibitors will receive a 20% discount reducing fees to $5,200 from $6,500, the company said. Registrees choosing not to attend will receive refunds.

"After much consideration, we feel the majority of our clients and their companies want to move ahead and get back to business," said McWhinney. "We feel this is an important time for advisors, industry leaders and other experts to meet and talk about what lies before us, and how we can together best serve investors during these times of uncertainty. IMPACT is considered by many advisors to be a critical source of new developments important to their businesses, as well as networking opportunities with fellow advisors and exhibitors."  

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