Job Title: manager
Location: SF
Submitted on: 08-May-04
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Job Title |
Business Outlook
Survey |
| manager |
I fear the outlook for Schwab is not good. The firm is seriously re-
assessing fees associated with Personal Choice. I don't know why they
went and increased fees when they did. It doesn't take a rocket-
scientist to know that investors are always looking for the best deal
possible. Many baby-boomers have been burned by the market. Many won't
go back as a result. As baby-boomers approach retirement, they are
extremely cautious and cost-conscious.
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