Schwab Cuts Ribbon On First Franchise Branch

InvestmentNews:

The Charles Schwab Corp. has opened its first franchised branch office.

The Nashua, N.H., location opened Monday. The franchisee, Mary Murphy, is a four-year industry veteran formerly with MML Investors Services.

Schwab had hoped to sign up its first franchisee in September, with a goal of adding 20 more next year and 40 in 2013.

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