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Schwab garners $4 billion in index-only 401(k) assets fast out of the gate

Critics applaud the San Francisco broker's early success but wonder whether such a cost-focused approach is really enough

Author Lisa Shidler February 22, 2013 at 5:58 AM
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Kevin Chisholm: I don't think you can have the conversation about cost without talking about asset allocation and, ultimately, performance.

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Chuck Schwab reveals Part B, doubling-down on Walt Bettinger by making him co-chair, a day after Part A -- wagering $15 billion from the Schwab corporate treasury on the CEO's future leadership

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