For Those Investors Left, Charles Schwab Expanding on Upper West Side
Jim Hanas April 8, 2011, 12:32 p.m.
Given the Upper West Side’s bountiful collection of aging boomers, it’s no surprise that investment adviser Charles Schwab is growing.
The company, which dishes investing advice at a discount, has expanded its ground-floor presence at 2308 Broadway, at 83rd Steet, by one-third. It now occupies 5,000 square feet with over 60 feet of storefront. “We are delighted to sign this lease expansion with Charles Schwab,” said Bromley Companies’ Nicholas Haines, who nudged us about the deal at the Ingenies on Monday.
The company has more than 300 offices across the country, even though we’d heard amateur investing was going out of style. “This is an important location for Schwab’s Manhattan clients and the added space allows us to better service the needs of people on the Upper West Side and beyond,” said Dave Herbert, regional branch executive at Schwab.