Charles Schwab is the latest financial organization to scrap its plans for an in-person event this year, saying Friday its annual Impact conference will be virtual-only again for the second-straight year due to the ongoing COVID-19 pandemic.
"We had considered hosting in-person receptions in 10 cities as part of Impact 2021 but have decided to keep Impact 2021 completely virtual again this year," a Schwab spokesperson said Friday. "The decision was based on the current environment and on feedback from advisors and employees."
This year's Impact will be held online Oct. 19-20, and the Schwab team "has been working hard to put together two days of thought-provoking speakers and unique education sessions that will be free of registration fees for all invited attendees," the spokesperson said.
Impact registration for advisors starts Tuesday at the company's event website, which also now tells visitors that the event is going virtual again this year.
Schwab is "planning and hoping for an in-person event in Denver in 2022, likely also with a virtual component," the spokesperson said. The dates have not been finalized yet.