As part of a program of activities celebrating Charles Schwab's twentieth anniversary serving the independent investment advisory industry, the Charles Schwab Foundation made a $1 million pledge to the Division of Personal Financial Planning at Texas Tech University in October 2007.
About a year and a half later, Texas Tech University's College of Human Sciences has opened the new Charles Schwab Personal Financial Planning Technology Complex on the Lubbock campus, which contains the largest collection of professional software in any collegiate financial planning program in the U. S., according to Schwab. The facility houses a technology classroom, technology work lab, and resource workspace that will be used by more than 300 undergraduate and graduate students in the university's Division of Personal Financial Planning.
"Through its Division of Personal Financial Planning, Texas Tech has long been an advocate for the independent investment advisory model, and the new Schwab facility at Texas Tech is our way of expressing commitment to the future of the industry," said Bernie Clark, senior VP of sales in Charles Schwab's Advisor Services division, in announcing the facility's official opening.
