As the industry matures and grows, exchange traded funds are garnering a larger following among a range of investors and financial advisors.
“In CSIM, we always say, ‘We are focused on serving our clients’ biggest needs,'” Jon de St. Paer, President and Head of Strategy and Product at Charles Schwab Investment Management, said at the Charles Schwab IMPACT 2018 conference.
“If we want to do that, we want to be able to serve those, do them at scale and pass through the benefit of that scale for really compelling pricing,” he added.