Have you started grooming any others in the Schwab family to take over the business in the future?
Michael Schwab: We are in our fourth generation of Schwabs now. So that’s actually good to see. I think it adds consistency and credibility here as the clocks continue to move forward with these types of changes in the distribution landscape.
Dan Schwab: We’re lucky that we have great leaders in our company. We’re more of a bottoms-up-driven company, being employee-owned. And I think that really has been a strength for us. So we’re lucky that we’ve got so many great leaders in the company. Michael and I just get the credit.
Michael, when you said ‘fourth generation’ are you referring to you and Dan, or are you guys the third generation?
Michael Schwab: We have a couple folks that are earning their stripes that have been with the company now for a couple of years from the next generation.
