Schwab Eyes 20% Growth After $1.2T Milestone

By Emily Graffeo

News June 17, 2024 at 10:05 AM

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What You Need To Know

Schwab Asset Management exec Omar Aguilar cites the firm's distribution capabilities for his optimism.
He doesn't think mutual funds will become obsolete, as they will continue to be used in 401(k)s.
Aguilar is also looking to grow the model portfolio business.

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