President Of Charles Schwab On The Importance Of Advisors In An Unprecedented Market

The advisor plays such an important role in an environment like this because we've been in a market that's been unlike any we've seen in the last 40 years because both equities and bonds are down at the same time, says Rick Wurster, President of Charles Schwab. He discusses how investment strategy is changing for advisors, as well as what the TD Ameritrade acquisition means for Charles Schwab. He then goes over Charles Schwab's business strategy and priorities. Finally, he notes the renaissance of how Americans think about money. Tune in to find out more about the stock market today.