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YieldPlus fallout darkens advisors' view of Schwab as asset manager

Loyal custodial clients are skeptical after settlement and fraud charges

Author Lisa Shidler January 12, 2011 at 3:14 PM
Admin:
no description available
Norm Boone: "(The settlement) seems like a pretty small amount. I’d guess this isn’t going to do more than cover attorneys’ fees.”

@MoneyClip

@MoneyClip

October 14, 2020 — 3:25 PM
Brilliant curation!

Related Moves

After Marie Chandoha turns around Schwab's smarting mutual fund unit, she steps aside to make way for Jonathan de St. Paer who faces a new kind of momentous challenge

The CEO of Charles Schwab Investment Management got poached from BlackRock after the YieldPlus debacle but now an ex-McKinsey-ite will take on the more strategic race-to-zero challenge of the next decade

October 5, 2018 at 10:21 PM


Mentioned in this article:

Mosaic Financial Partners, Inc.
Advisory Firm
Top Executive: Norman Boone



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