Here are some frequently asked questions about the IMPACT Awards program. if you don't find the answer to your question here.
Independent investment advisors have fundamentally changed the financial services landscape by providing client-centric, independent advice to affluent investors. Established in 2006 by Charles Schwab & Co., Inc. (“Schwab”), the IMPACT Awards honor firms who have advanced the industry and have achieved success through exemplary business practices.
In addition to the recognition, the awards program provides advisors with an opportunity to learn what leading firms are doing by sharing the winners’ best practices and achievements.
There are three IMPACT Awards categories:
Each award recognizes—and celebrates—different areas of excellence, and each has differing qualifications for number of years in business. One winner will be selected for each of the three awards.
One winner will be selected for each of the three awards.
Winners of the Best-in-Business IMPACT Award, Pacesetter IMPACT Award, and Trailblazer IMPACT Award will be honored at the ceremony, with each firm receiving a trophy and a $15,000 donation to a charitable organization of the winner’s choice. The selection of each winning firm’s charity is subject to Schwab’s approval.
Please us with any additional questions.
The firms must:
Yes. Firms must use Charles Schwab Advisor Services to custody client assets in order to be considered for an IMPACT Award.
Nominations for all awards will be accepted May 15–June 30, 2013.
The nomination window for accepting applications for 2013 IMPACT Awards is now closed. Sign up to be notified about the 2014 IMPACT Awards program.
For the Best-in-Business IMPACT Award, Pacesetter IMPACT Award, and Trailblazer IMPACT Award, you may nominate your firm once in each category.
Yes, we encourage you to participate every year. However, Best-in-Business and Leadership Award winners will not be allowed to participate in any category for five years; previous Pacesetter Award winners may not participate in the Pacesetter IMPACT Award category again and must wait five years to participate in either of the other two award categories.
There are no fees to participate in the IMPACT Awards.
Yes, you can nominate your firm once in each of the categories. However, multiple nominations for the same firm for the Best-in-Business IMPACT Award, Pacesetter IMPACT Award, and Trailblazer IMPACT Award, are not permitted.
At the time of nomination, only a completed form will be accepted. Later in the process, Schwab may ask for additional information.
All fields must be completed for a nomination to be accepted.
No. Only nominations received electronically through website will be accepted
Nominations may include previously produced content that is owned by the firm. However, information that is copyrighted by another source cannot be used.
Nominations will be accepted May 15–June 30, 2013 through the website.
The IMPACT Awards will be presented at IMPACT 2013, a leading industry conference taking place November 10–13 in Washington, DC. Information about the winners will be posted online after they are announced at the conference.
Winners will be notified in September. Winners will be announced at the IMPACT Awards ceremony at IMPACT 2013 and posted online.
Only one winner for each category will be announced. No runners-up will be selected.
Entries will be reviewed to ensure that they meet all eligibility requirements and Schwab criteria. The remaining finalists will then be judged by a distinguished panel of leaders from across the business world and financial services industry who understand the challenges and opportunities facing today’s investors and those who serve them. These judges will convene to review finalist nominations and select the winners in each category. Final selection will be subject to acceptance of the IMPACT Awards Terms & Conditions and final approval by Schwab. In granting its final approval, Schwab will be guided by the criteria for the IMPACT Awards Program, and will also consider which candidates best exemplify the prestige and purpose of the awards and reflect Schwab’s reputation in the marketplace for integrity, service and value. Schwab has absolute discretion in approving the winners, and Schwab’s decisions in all matters related to the awards and the IMPACT Awards Program are final.
Nominations for the 2013 IMPACT Awards will be evaluated based on the firm’s ability to demonstrate success in the following areas:
Demonstrated change in helping the industry reach new heights, for example:
For more detailed information on “How Entries Are Evaluated” for all three awards, please review the judging section.
Information you provide will be used to review and judge your nomination for the IMPACT Awards program. Schwab and the judging panel will maintain the confidentiality of your nomination. Schwab will not sell information collected. See the IMPACT Awards Terms & Conditions for more information.
Schwab will use the eligibility criteria to review all nominations received. Once Schwab confirms the finalists, a judging panel of industry experts will select the winners for all three awards. All IMPACT Awards winners are subject to Schwab’s final approval.