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Charles Schwab
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- 1Schwab offers RIAs higher-yield option for client cash●RIAs working with Schwab get higher-yielding option for clients' cash As # AI threatens to squeeze firms' profits on uni
Charles Schwab has introduced a higher-yielding option for registered investment advisers to hold clients' long-term cash, as artificial intelligence threatens to squeeze firms' profits on uninvested cash balances. The move, reported by Financial Planning, gives RIAs working with Schwab a way to improve returns on client cash holdings amid pressure on interest income.
- 2Texas men's golf ties for fifth at Ben Hogan Collegiate Invitational●No. 8 Men’s Golf ties for fifth at Ben Hogan Collegiate Invitational Presented by Charles Schwab
The No. 8-ranked University of Texas men's golf team tied for fifth place at the Ben Hogan Collegiate Invitational, presented by Charles Schwab. The event brings together top college programs, and Texas's finish drew attention from college golf fans following the early-season tournament in Fort Worth.