Nov 14 • 3 min read
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Tom Intoccia, FOX ’86, Vice President and Senior Northeastern Divisional Managing Director of Schwab Advisor Services, and fellow Charles Schwab relationship managers and clients surround Cindy Axelrod, Assistant Professor of Finance and Director of Fox’s Financial Planning programs, at the Nov. 2 dedication ceremony for the Charles Schwab Financial Planning Training CenterTM. (Jim Roese Photography)

Tom Intoccia, FOX ’86, Vice President and Senior Northeastern Divisional Managing Director of Schwab Advisor Services, and fellow Charles Schwab relationship managers and clients surround Cindy Axelrod, Assistant Professor of Finance and Director of Fox’s Financial Planning programs, at the Nov. 2 dedication ceremony for the Charles Schwab Financial Planning Training CenterTM. (Jim Roese Photography)

Temple University’s Fox School of Business welcomed guests from Schwab Advisor Services to Alter Hall to dedicate the Charles Schwab Financial Planning Training CenterTM.

The dedication ceremony, held Nov. 2, acknowledged the $250,000 grant awarded by the Charles Schwab Foundation to the Fox School in support of its Financial Planning programs.

The grant enabled the construction of the Charles Schwab Financial Planning Training Center in second-floor space in Alter Hall. The contribution also financed the purchase and installation of 75 laptops with data connections, a 65-inch LCD wall-mounted display, a digital stock ticker, and HD capability.

“As a proud Schwab employee and a proud Temple University alumnus, I am honored to dedicate this room – the Charles Schwab Financial Planning Training Center,” said Tom Intoccia, vice president, senior divisional managing director, Schwab Advisor Services, who received his Bachelor of Business Administration from the Fox School. “To the students here today, when I sat in your seats, opportunities to learn and grow in this field, with amenities such as these, simply did not exist.”

As a show of gratitude to Schwab, Fox School Dean Dr. M. Moshe Porat presented Intoccia with a piece of custom artwork with small photographs of Fox students comprising Schwab’s corporate logo.

“Recognizing opportunity has been a hallmark of my 20 years as dean of the Fox School,” said Porat. “A few years ago, we identified one of those opportunities – financial planning. We are beginning to see the largest intergenerational transfer of wealth in this country’s history, and a need for advisors to handle the volume of clients and client assets. It is our goal to supply talented students to fill those needs, as we build one of preeminent Financial Planning programs with the support of Schwab Advisor Services.”

More than a dozen Schwab Advisor Services relationship managers and clients as well as students and faculty of the Fox School filled the Charles Schwab Financial Planning Training Center, which had been decorated inside and out with balloons in the company’s hallmark blue and white colors. The dedication event, moderated by Cindy Axelrod, Assistant Professor of Finance and Director of Fox’s Financial Planning programs, also featured two panels of leading financial planning industry executives.

“Schwab has granted students like me the opportunity to follow our interests by supplying us with the tools and technology to further our knowledge in financial planning,” said Fox School sophomore Luke McCartney.

Fellow Financial Planning students conveyed similar sentiments of gratitude.

Jordan Sowell, a senior, said the Charles Schwab Financial Planning Training Center will “provide an enhanced learning experience” for Fox School students now and in the future.

The Charles Schwab Foundation’s grant to the Fox School, said senior Alec Sensenig, demonstrates “a strong belief in our future, and an investment in the future of the industry.”

 

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. nor its parent company, The Charles Schwab Corporation. Charles Schwab Foundation and Temple University are independent of each other and are not affiliated entities.