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General Colin L. Powell (Ret.) to Deliver Closing Keynote at
Schwab Institutional's 15th Annual Impact(R) 2005 Conference in Seattle
SAN FRANCISCO, April 13 /PRNewswire-FirstCall/ -- Schwab Institutional, a
division of Charles Schwab & Co., Inc., has announced that General Colin L.
Powell (Ret.) will be a keynote speaker at the 15th annual IMPACT(R) 2005
conference, one of the largest annual gatherings of independent investment
advisors in the nation. IMPACT 2005 is scheduled for September 25-28 at the
Washington State Convention and Trade Center in Seattle.
The nation's 65th Secretary of State will speak to more than 1,500 financial
professionals at the conclusion of the four-day conference. General Colin L.
Powell (Ret.) will be sharing his views and experience on the importance of
diplomacy in promoting universal human ideals of democracy and peace around the
world. Before becoming Secretary of State under President George W. Bush, Colin
Powell served as a key aide to the Secretary of Defense Casper Weinberger and
as National Security Advisor to President Ronald Reagan. He also served 35
years in the United States Army, rising to the rank of Four-Star General and
serving as Chairman of the Joint Chiefs of Staff. During this time he oversaw
28 crises including the Panama intervention of 1989 and Operation Desert Storm
in the 1991 Persian Gulf War.
The conference will feature a number of other presentations by business and
industry leaders as well as remarks by Schwab senior executives and more than
30 informative educational sessions on a wide range of topics, including
investment strategies and tools, practice management, technology, operational
and business solutions, and the latest market trends affecting the investment
advisor industry.
In a year in which investment advisors with client assets custodied at Schwab
have continued to experience dramatic growth, the theme for IMPACT 2005 is
"Smarter. Faster. Further. Winning Strategies to Manage Your Business for
Success."
"We're very honored that General Powell will be speaking at IMPACT," said
Deborah Doyle McWhinney, President of Schwab Institutional. "He is an
exceptional statesman who has made many important contributions during his
years of service -- to numerous administrations and across countless world
stages. His diplomacy experience is beyond compare and I'm certain that
advisors will find his insights and ideas extremely engaging."
About Schwab Institutional
Schwab Institutional, a division of Charles Schwab & Co. Inc., is a leading
provider of custodial, operational and trading support for independent
fee-based investment advisors. Client assets custodied with Schwab
Institutional increased 21 percent to $348 billion between Dec. 31, 2003 and
Dec. 31, 2004. These assets, managed by the approximately 5,000 independent
advisor firms Schwab Institutional serves, represent approximately one-third of
total customer assets custodied with Charles Schwab & Co., Inc. as of Dec. 31,
2004.
About Charles Schwab
The Charles Schwab Corporation (NYSE / Nasdaq: SCH), through its operating
subsidiaries, provides securities brokerage and financial services to
individual investors and the independent investment advisors who work with
them. With over 7 million individual investor accounts and more than $1
trillion in client assets, The Charles Schwab Corporation is one of the
nation's largest financial services firms. Its subsidiary Charles Schwab & Co.,
Inc. (member SIPC) provides a complete range of investment services and
products, including an extensive selection of mutual funds; financial planning
and investment advice; retirement plans; referrals to independent fee-based
investment advisors; and custodial, operational and trading support for
independent fee-based investment advisors through its Schwab Institutional
division. Its subsidiary Charles Schwab Bank (member FDIC) provides banking and
mortgage services and products. The corporation's other operating subsidiaries
include U.S. Trust Corporation (member FDIC) and CyberTrader(R), Inc. (member
SIPC) .These companies' Web sites can be reached at http://www.schwab.com/ ,
http://www.schwabbank.com/ , http://www.ustrust.com/ , and
http://www.cybertrader.com/. (0405-00391)
DATASOURCE: Charles Schwab
CONTACT: Alison Wertheim of Charles Schwab, +1-415-636-5812, or
Web site: http://www.impact.schwab.com/pr
Web site: http://www.schwab.com/