Arizona State University was named as one of seven universities selected by Charles Schwab to receive a portion of its $3.5 million endowment for scholarships aimed at promoting diversity in the financial services industry.

A grant funded by Schwab Advisor Services, in partnership with the Charles Schwab Foundation, supports a new financial planning program at the W. P. Carey School of Business.

Along with giving students the targeted coursework and internship opportunities to enter a financial planning career, the new program prepares students to immediately sit for the certified financial planner (CFP) certification exam.

COVID-19 is affecting just about every facet of life, including small change, according to Clinical Associate Professor of Finance Geoffrey Smith.