Charles Schwab today announced that the company will once again host the Charles Schwab Cup Championship, the final event of the PGA TOUR Champions season which culminates with the top 36 players competing in a four-round tournament at Phoenix Country Club. In addition to this year’s champion trophy and cash prize, Schwab will offer to waive program fees for the company’s first wealth management solution, Schwab Wealth Advisory™for ten years to the winner.1 The Charles Schwab Cup Championship will take place from November 9-13, 2022.
Established in 1990 and formerly known as the Senior Tour Championship, the Charles Schwab Cup Championship is the final event of the season on the PGA TOUR Champions, the first round of golf for male professionals 50 and older. The tournament has been held at the Phoenix Country Club since 2017. The Charles Schwab Cup Championship also continues its history of giving back to local communities as the tournament helps generate over $500,000 for charities across the state of Arizona. .
“We are deeply proud of our longstanding partnership with the PGA TOUR Champions which honors many of the sport’s most experienced professional golfers,” said Walt Bettinger, Co-Chairman of the Board and Managing Director of Charles Schwab. Bettinger added, “As the tournament’s title sponsor since 2003 and a major employer in Phoenix, it has been rewarding for our company to be a part of what this event brings to the greater Phoenix community through charitable fundraising. , including our support for injured veterans. thanks to our partnership with the On Course Foundation.
This year’s champion award will include an offering through Schwab Wealth Advisory (SWA), a comprehensive wealth management solution unique in its support for clients who want to stay involved in managing their portfolios. This personalized experience provides clients with a one-on-one relationship with an experienced wealth advisor and specialists who provide investment management, financial planning, retirement planning, education planning, and more.
Schwab Expands On Course Foundation Partnership With Veterans Golf Skills Event
As part of the tournament week, Schwab will host an event in partnership with the Foundation on the course, an organization dedicated to helping injured and disabled veterans gain confidence through golf. On Monday, November 7, at the Phoenix Country Club, ten selected U.S. Army veterans will have the opportunity to attend a golf clinic at the driving range of the course to work directly with golf professionals and develop their skills while taking account of the wounds they have endured while serving their country. During the Charles Schwab Cup Championship Tournament, veterans will also volunteer and support tournament operations as part of the work experience aspect of the On Course Foundation program. A organization film was ordered by Schwab in early 2022.
The global On Course Foundation helps wounded, injured and ill military veterans use golf to aid their reintegration into society. Vets are trained in the many facets of a golf career with full-time internships at Callaway, ClubCorp, Marriott Vacations, TaylorMade, Topgolf, and other golf companies, golf courses, clubs, and resorts. The On Course Foundation’s flagship event is the annual Simpson’s Cup which pits 13-person teams from the United States and United Kingdom in Ryder Cup-style matches with many surprisingly athletic competitors with single-digit handicaps.
About Charles Schwab
Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 33.9 million active brokerage accounts, 2.3 million corporate pension plan members, 1.7 million bank accounts and $6.64 trillion in client assets. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custodial and financial advisory services to individual investors and investment advisors. independent investment. Its brokerage subsidiaries, Charles Schwab & Co., Inc., TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. (members SIPC, https://www.sipc.org) and their affiliates offer a full range of investment services and products, including a wide selection of mutual funds; financial planning and investment advice; pension plan and equity compensation plan services; referrals to paid independent investment advisers; and custody, operations and trading support for fee-based independent investment advisors through Schwab Advisor Services. Its main banking subsidiary, Charles Schwab Bank, SSB (Member FDIC and Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com.
TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are separate but affiliated companies and subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.
—————–
1 If the winner elects to enroll in Schwab Wealth Advisory (SWA), Schwab will waive the SWA program fee for all enrolled accounts for ten years, subject to applicable terms and conditions.
(1122-26SK)
See the source version on businesswire.com: https://www.businesswire.com/news/home/20221107005206/en/