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A charged-up Walt Bettinger slams all non-Schwab robos at IMPACT 2014 with an energy appreciated by RIAs

The Schwab CEO's feistiness was just one unusual occurrence at the all-stops-out fete for high-end RIAs in the Mile High city

Author Guest Columnist Tim Welsh November 10, 2014 at 7:57 AM
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Walt Bettinger: And by the way, we never said that it would be free, but rather that it will fund itself from the revenues of the underlying ETFs.

Bill Winterberg

Bill Winterberg

November 10, 2014 — 9:10 PM

4,000 advisors? Schwab said there were 3,600 attendees not including exhibitors and sponsors. http://pressroom.aboutschwab.com/press-release/schwab-advisor-services-news/firmly-focused-future-ria-industry-schwabs-bernie-clark-c

Bill Winterberg

Bill Winterberg

November 10, 2014 — 9:12 PM

Brooke, did you drop Welsh’s disclaimer about his clients that he mentions in his column?

Bill Winterberg

Bill Winterberg

November 10, 2014 — 9:23 PM

And the technology updates include Schwab Advisor Portfolio Connect (formerly Project PM Squared) and Schwab Advisor Mobile Connect (formerly Schwab OpenView Mobile).

Schwab Advisor Services VP provided some highlights in this interview: <a href="http://youtu.be/MZrLjazvp8Y" rel="nofollow">http://youtu.be/MZrLjazvp8Y</a> (full disclosure: Redtail Technology supported the production costs of this video)

Bill Winterberg

Bill Winterberg

November 11, 2014 — 2:33 AM

I want to apologize publicly to Tim. I got caught up in correcting ticky tacky details (4,000 vs. 2,000 advisors attending, no tech announcements, etc.).

I make plenty of my own mistakes when I publish. I’ll make my comments offline to Brooke and Tim so they have the opportunity to adjust the details.


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Mentioned in this article:

Fidelity
Asset Custodian
Top Executive: Sanjiv Mirchandani

Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh



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