04/24/2024

Passive Migration: Denver Wins Big as Financial Firms Relocate to Cut Costs

Wedged into a rent-controlled two-bedroom apartment near San Francisco’s famed Haight-Ashbury neighborhood and already overrun by their son’s toys, Kari Droller and her husband weighed having a second child against the skyrocketing costs of a larger home nearby.

Instead, Ms. Droller, managing director of Charles Schwab Inc.’s ETF platform, put in for a transfer to Denver, joining a tide of financial professionals who are forsaking…

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