In an interview with CNBC last week, Liz Ann Sonders of Schwab said it. And I thought to myself, “Now I know I’m on the right side of this debate!”
I consider Sonders to be one of the sharpest minds and best communicators on Wall Street. We actually met once, too, at a Train concert at the Schwab Impact conference in Denver about a hundred years ago, when I was part of an RIA whose asset custodian was Schwab.