Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Booth and Bettinger Are Both Looking East Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, June 4, 2015

Booth and Bettinger Are Both Looking East

News summary by MFWire's editors

David Booth and Walt Bettinger both seem to have big expansion plans in cities far east of their respective companies' hometowns. Yet don't expect either to move their headquarters just yet.

Will Boye of the Charlotte Business Journal reports that, according to unnamed "real estate sources," Dimensional Fund Advisors (DFA [profile]) is working with Cousins Properties on building out an East Coast operation (not an HQ move), one that could be more than 100,000 square feet and eventually accommodate "several hundred employees," at the Fifth Third Center building in uptown Charlotte, North Carolina.

Cousins bought that building last year, the article notes, and also worked with DFA on the latter's seven-story HQ in Austin, Texas. DFA's other big U.S. location, Santa Monica, California, was DFA's HQ prior to Texas.

As for discount brokerage giant (and retirement plan recordkeeper, RIA ally, and mutual fund shop) Charles Schwab [profile], for years Bettinger and his predecessors have fended off speculation that they might move Schwab's headquarters out of San Francisco. Yesterday Bettinger did so again, in an interview with Mark Calvey of the San Francisco Business Times.

Bettinger addressed Schwab's plans to shrink its San Francisco headcount to 1,200 (down from 1,900 now) over several years. He highlighted the "enormous advantages" that the Bay Area offers Schwab, while also talking up the wonderfulness of Denver; he told the paper that Denver will pass Phoenix as Schwab's biggest presence in two years. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use