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Charles R. Schwab: Support
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Frank Kelly, Schwab's head of government affairs, told reporters that the company supported Grams for another reason: the senator's support for privatizing portions of Social Security. "He's a free-market guy," said Kelly.
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The electronically savvy customer is another growth segment for Schwab. In fact, the company's electronic brokerage business is vying with the help and advice service for the title of "third revolution." Schwab's online and householding systems will support this initiative as well — by enabling Schwab staff to effectively direct customers to alternative delivery channels.
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"This endowment is a fitting tribute to Father Virgil that celebrates his presence, spirit, and energetic commitment to the pursuit of knowledge about all religions," said Schwab. He said he hoped his gift would challenge others to step forward and add their support to the project.
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