Schwab Advisor Services and Charles Schwab Foundation announced
today the 12 recipients of its 2023 Registered Investment Advisor
Talent Advantage (RIATA) Student Scholarship. In its third year,
the scholarship aims to provide the next generation of talent with
the opportunity to further enrich their learnings and curiosities
about the advisory profession by increasing access to the industry.
In addition to receiving a $10,000 scholarship for the 2023-2024
academic year, each student will also be matched with a mentor who
will share their experiences and provide them with knowledge that
will help to empower their futures.
This year, over 470 students attending universities across the
country applied for the RIATA Scholarship. Of the completed
applications, 62% are from underrepresented populations, a 25%
increase from last year.
“We are proud to continue the tradition of supporting university
students in more ways than one,” said Sherri Trombley, director of
Business Consulting & Education for Schwab Advisor Services.
“By reducing financial barriers and providing students with
hands-on mentorship, we are fueling the future of the industry and
increasing opportunities for students of underrepresented
backgrounds.”
The scholarship applications are vetted by individuals who are
RIA firm leaders serving on Schwab’s Diversity, Equity &
Inclusion (DEI) Advocacy Board. These individuals are actively
leading efforts at their firms to cultivate an inclusive workplace,
attract and develop differentiated talent, and champion diversity
in the marketplace and their local communities.
The recipients of the 2023 RIA Talent Advantage Scholarship
are:
- Annelyse Gould, Pepperdine University, Sophomore
- Ansley Nicolaus, University of North Florida, Senior
- Elysa Flores, The University of Texas at Austin, Junior
- Grant Van Winkle, The Ohio State University, Senior
- Jane Dunlap, Calvin University, Senior
- Jessica Wilhite, Utah Valley University, Senior
- Marvin Davies, The Ohio State University, Senior
- Natalia Arriaga, Winthrop University, Senior
- Nathan Redman-Brown, George Fox University, Senior
- Rachel Clayberg, University of Northern Iowa, Junior
- Ria Karcherla, University of Illinois Urbana-Champaign,
Senior
- Riley Siltman, University of Wisconsin-Green Bay, Junior
“Winning this scholarship validates my dedication and passion
for making a positive impact on people’s financial lives. As a
member of underrepresented groups, I aim to be a role model,
promoting diversity and inclusion in the RIA industry. This
scholarship sets an example for future talent, showing that
opportunities within the RIA industry are available for everyone. I
am committed to contributing to a more inclusive RIA industry,
where diverse perspectives drive innovation and better serve
clients,” said Ria Karcherla, scholarship recipient and Senior at
the University of Illinois Urbana-Champaign.
According to the recently released 2023 RIA Benchmarking Study,
recruiting staff remained a top strategic priority for firms of all
sizes. Last year, 37% of firms hired from colleges and
universities, the highest category percentage in the study’s
seventeen-year history.
“The increased level of interest and commitment from RIA firms
to work with talent new to the workforce showcases why the RIATA
scholarship is increasingly important. It is another reason why we
are dedicated to helping provide students with the right tools for
establishing a career,” said Trombley.
Schwab is committed to elevating the voices of next generation
of leaders from all different backgrounds, communities, and
experiences. The RIATA Scholarship and other established programs
allow Schwab to have an active hand in supporting the education of
the future of the industry. This year, 80 students are attending
the Student Program at Schwab’s 2023 IMPACT Conference to network
with advisors and other students, attend speaking sessions, and get
to experience first-hand the industry at work.
To learn more about the scholarship recipients or how to apply
for next year’s scholarship, visit: RIA Talent Advantage® Student
Scholarship | Schwab Advisor Services.
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 Twitter, Facebook, YouTube 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. 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.
Disclosures
Through its operating subsidiaries, The Charles Schwab
Corporation (NYSE: SCHW) provides a full range of securities
brokerage, banking, money management and financial advisory
services to individual investors and independent investment
advisors. Its broker-dealer subsidiary, Charles Schwab & Co.,
Inc. (member SIPC, www.sipc.org), and affiliates offer a complete
range of investment services and products including an extensive
selection of mutual funds; financial planning and investment
advice; retirement plan and equity compensation plan services;
compliance and trade monitoring solutions; referrals to independent
fee-based investment advisors; and custodial, operational and
trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles
Schwab Bank (member FDIC and an Equal Housing Lender), provides
banking and lending services and products. More information is
available at www.schwab.com and www.aboutschwab.com.
TD Ameritrade Institutional, Division of TD Ameritrade, Inc.,
member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation.
TD Ameritrade is a trademark jointly owned by TD Ameritrade IP
Company, Inc. and The Toronto-Dominion Bank.
Schwab Advisor Services™ serves independent investment advisors
and includes the custody, trading, and support of Schwab.
Independent investment advisors are not owned by, affiliated
with, or supervised by Schwab. For informational purposes only.
©2022 Charles Schwab & Co., Inc. (“Schwab”) All rights
reserved. Member SIPC.
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Kelly Cook Charles Schwab 480.599.4786 Kelly.Cook@Schwab.com
Liz Shaw The Neibart Group (TNG) 732.757.2119
sas@neibartgroup.com
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