Schwab Expands Support of RIATA Student Scholarship as It Celebrates Five Years; University Grant Program Set to Reach $25M Milestone in 2025
Schwab Advisor Services has announced an expansion of its RIATA Student Scholarship program. As it approaches its fifth anniversary in 2025, the program will increase awards to $15,000 for 15 students. This expansion coincides with the Schwab University Grant Program's expected $25M milestone in 2025. To date, grants have been awarded to 35 colleges across 28 states.
The initiative aims to address the industry's projected need for 70,000 new professionals over the next five years, as indicated by Schwab's RIA Benchmarking Study. The program supports curriculum development, facilities, and technology to create pathways for careers in financial planning. The celebration of these advancements will take place at the IMPACT® 2024 Conference in San Francisco.
Schwab Advisor Services ha annunciato un'espansione del suo programma di borse di studio RIATA per studenti. In vista del quinto anniversario nel 2025, il programma aumenterà i premi a 15.000 dollari per 15 studenti. Questa espansione coincide con il raggiungimento previsto del traguardo di 25 milioni di dollari del Programma di Sovvenzioni della Schwab University nel 2025. Fino ad oggi, sono state assegnate sovvenzioni a 35 università in 28 stati.
L'iniziativa mira a affrontare il fabbisogno previsto del settore di 70.000 nuovi professionisti nei prossimi cinque anni, come indicato dallo Studio di Benchmarking RIA di Schwab. Il programma sostiene lo sviluppo del curriculum, delle strutture e della tecnologia per creare percorsi di carriera nella pianificazione finanziaria. La celebrazione di questi progressi avrà luogo alla Conferenza IMPACT® 2024 a San Francisco.
Schwab Advisor Services ha anunciado una expansión de su programa de becas para estudiantes RIATA. A medida que se acerca su quinto aniversario en 2025, el programa aumentará los premios a 15.000 dólares para 15 estudiantes. Esta expansión coincide con el esperado hito de 25 millones de dólares del Programa de Subvenciones de Schwab University en 2025. Hasta la fecha, se han otorgado subvenciones a 35 universidades en 28 estados.
La iniciativa tiene como objetivo abordar la necesidad proyectada de la industria de 70.000 nuevos profesionales en los próximos cinco años, según lo indicado por el Estudio de Benchmarking RIA de Schwab. El programa apoya el desarrollo del currículo, las instalaciones y la tecnología para crear caminos hacia carreras en planificación financiera. La celebración de estos avances se llevará a cabo en la Conferencia IMPACT® 2024 en San Francisco.
슈왑 어드바이저 서비스는 RIATA 장학금 프로그램의 확대를 발표했습니다. 2025년 다섯 번째 기념일을 앞두고 프로그램은 15명의 학생에게 15,000달러의 상금을 증가시킬 것입니다. 이번 확대는 2025년 2,500만 달러의 목표를 달성할 것으로 예상되는 슈왑 대학교 보조금 프로그램과 일치합니다. 현재까지 28개 주의 35개 대학에 보조금이 지급되었습니다.
이 이니셔티브는 슈왑의 RIA 벤치마킹 연구에 따르면 향후 5년 동안 70,000명의 신규 전문가에 대한 업계의 예상 수요를 해결하는 것을 목표로 하고 있습니다. 이 프로그램은 금융 계획 분야의 경로를 만들기 위해 커리큘럼 개발, 시설 및 기술을 지원합니다. 이러한 발전은 샌프란시스코에서 열리는 IMPACT® 2024 회의에서 기념될 것입니다.
Schwab Advisor Services a annoncé une expansion de son programme de bourses d'études RIATA. À l'approche de son cinquième anniversaire en 2025, le programme augmentera les bourses à 15 000 $ pour 15 étudiants. Cette expansion coïncide avec l'atteinte prévue du palier de 25 millions $ du Programme de subventions de Schwab University en 2025. À ce jour, des subventions ont été attribuées à 35 établissements dans 28 États.
Cette initiative vise à répondre aux besoins prévus du secteur pour 70 000 nouveaux professionnels au cours des cinq prochaines années, comme l'indique l'étude de référence RIA de Schwab. Le programme soutient le développement des programmes, des infrastructures et des technologies pour créer des carrières dans la planification financière. La célébration de ces avancées aura lieu lors de la conférence IMPACT® 2024 à San Francisco.
Schwab Advisor Services hat eine Erweiterung seines RIATA-Stipendienprogramms angekündigt. Zum fünften Jahrestag im Jahr 2025 wird das Programm die Auszeichnungen auf 15.000 Dollar für 15 Studenten erhöhen. Diese Erweiterung fällt mit der voraussichtlichen 25-Millionen-Dollar-Marke des Schwab University Grant Program im Jahr 2025 zusammen. Bis heute wurden Stipendien an 35 Hochschulen in 28 Bundesstaaten vergeben.
Die Initiative zielt darauf ab, den voraussichtlichen Bedarf der Branche an 70.000 neuen Fachkräften in den nächsten fünf Jahren zu decken, wie in der Schwab RIA Benchmarking-Studie angegeben. Das Programm unterstützt die Entwicklung von Lehrplänen, Einrichtungen und Technologien, um Karrierewege in der finanziellen Planung zu schaffen. Die Feier dieser Fortschritte findet auf der IMPACT® 2024-Konferenz in San Francisco statt.
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The growth and expansion of the RIATA Student Scholarship comes at the same time we expect to see the Schwab University Grant Program reach
Schwab is committed to empowering the next generation of talent through various programs which includes scholarships, internships, mentorship and networking opportunities, and university grants that support curriculum and program development, state-of-the-art facilities, and technology that will open doors to careers in financial planning and support the development more high-quality talent for RIAs to hire.
“We are focused not only on investing in individual students, but also in the educational systems and communities that nurture them and the industry that will one day benefit from their contributions," said Jon Beatty, Head of Schwab Advisor Services. “Our continued commitment reflects our firm belief that the future of financial services lies in the hands of the next generation of talent. We are excited to see how these emerging leaders will shape the future of finance and drive the industry forward for years to come.”
According to Schwab Advisor Services’ latest RIA Benchmarking Study, the industry will need to hire an estimated 70,000 new professionals over the next five years to keep pace with growth and best serve clients. To support this growing need, firms have become more focused on new avenues to source talent – of which,
“Investing in the next generation of talent is not only a priority for our business – it is essential to the future of the RIA industry,” said Lisa Salvi, Head of Business, Consulting and Education for Schwab Advisor Services. “We believe that creating accessible pathways towards a career in the financial planning profession will help meet the critical demand for talent and fuel the industry to serve the growing base of investors seeking to realize their financial goals.”
The team, plus 80+ students and faculty members, will kick-off the celebration of these latest advancements on-site at its flagship conference, IMPACT® 2024 Conference in
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Kristin Meza
Charles Schwab
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Kristin.Meza@Schwab.com
Liz Shaw
The Neibart Group (TNG)
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