AI Will Help Wealth Managers, Not Hurt Them, Schwab CEO Says

WE ARE JOINED BY ONE OF THE COMPANIES UNDER THE SPOTLIGHT. THE PRESIDENT AND CEO OF CHARLES SCHWAB, WURSTER, JOINS US NOW. I WONDER IF YOU CAN, TAKE US BEHIND THE SCENES.YOU SEE A STOCK FALLING 7% AND YOU ARE LOOKING AT THE BLOOMBERG TERMINAL -- BLOOMBERG. COM, WHERE YOU LOOK -- I HOPE YOU GO THERE -- AND YOU SAY TO YOUR TEAM, WHY ARE THE STOCKS FALLING. HOW DID YOU RESPOND YESTERDAY WITH THE MANAGEMENT TEAM.RICK: I DID LOOK ON MY BLOOMBERG TERMINAL. I TRIED TO UNDERSTAND WHAT WAS HAPPENING. FOR US AI IS A ...