Schwab rolling dice on keynoter Clinton; Advisers say its founder must take key speaking role.(News)

Investment News, August, 2004

Byline: Brooke Southall SAN FRANCISCO - Charles Schwab & Co. Inc. dropped more than 5,000 invitations in the mail late last week to financial advisers officially proclaiming that former President Bill Clinton will serve as keynote speaker at the firm's annual adviser conference in Philadelphia in November.

Then the executives of the San Francisco-based broker held their collective breath. The heads of Schwab Institutional are well aware that by and large, these independent advisers hold conservative political views. The Schwabies also know that the last time Mr. Clinton was slated to speak at a financial services conference, there was such an uproar from clients that his appearance was canceled. Yet Schwab executives are wagering that...

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