Oct 26 • 3 min read

Temple University’s Fox School of Business received a $250,000 grant from the Charles Schwab Foundation as part of Schwab Advisor Services’ efforts to support the Fox School’s financial planning programs.

The grant enabled the construction of the Charles Schwab Financial Planning Training CenterTM in second-floor space in Alter Hall. The contribution also financed the purchase and installation of 75 laptops with data connections, two 65-inch LCD wall-mounted displays, a digital stock ticker, and HD capability. A room dedication ceremony will take place Wednesday, Nov. 2.

“We are proud to partner with Temple University to inspire and develop the next generation of independent investment advisor talent,” said Bernie Clark, executive vice president and head of Schwab Advisor Services. “We believe that students in the financial planning program will be well-positioned to meaningfully contribute to the independent investment advisor industry, a growing and increasingly prominent field.”

“Combining the power of a degree in financial planning from the Fox School of Business with the generous support of the Charles Schwab Foundation affords our students a tremendous opportunity,” said Cindy Axelrod, Director of the Fox School’s Financial Planning programs. “This experiential learning facility provides access to state-of-the-art investment and financial planning software and allows our students to train with the best tools available.”

Financial planning professionals take a holistic approach that enables their clients to identify and attain lifestyle and retirement goals through finance management, retirement and estate planning, and tax-efficient investing.

The Fox School of Business introduced Financial Planning as an undergraduate major in 2015 to prepare students for careers in this in-demand field. Students who complete Financial Planning curriculum at Fox are eligible to sit for the Certified Financial Planner (CFP) examination upon graduation, a unique feature of the program. The Fox School’s Finance department oversees the program, which also draws upon the expertise of faculty from Fox’s Legal Studies in Business and Risk, Insurance, and Healthcare Management departments.

About the Fox School of Business at Temple University

Established in 1918, the Fox School of Business at Temple University is the largest, most-comprehensive business school in the Greater Philadelphia region, and among the largest in the world, with nearly 8,500 students, more than 200 full-time faculty and more than 65,000 alumni. Accredited by AACSB International — a distinction held by less than 5 percent of the world’s business schools — the Fox School offers BBA, Global MBA, Part-Time MBA, Executive MBA, Online MBA, Specialized Masters, and PhD programs, and an Executive Doctorate in Business Administration, on campuses throughout the world.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity. More information is available at www.aboutschwab.com. Follow us on TwitterFacebookYouTube, and LinkedIn

About Charles Schwab Foundation

Charles Schwab Foundation is a private, nonprofit organization funded by The Charles Schwab Corporation. Its mission is to create positive change through financial education, philanthropy, and volunteerism. More information is available at www.aboutschwab.com/community. The Charles Schwab Foundation is classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Charles Schwab Foundation and Temple University are unaffiliated entities.

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