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GSD&M Uses Testimonials in New Schwab Work

NEW YORK—GSD&M’s latest work for Charles Schwab tries to lure stung investors off the sidelines of the stock market with a television and print campaign breaking today featuring customer testimonials. The brokerage’s last campaign from GSD&M in Austin, Texas, caused some controversy for making thinly veiled jabs at rival firms, especially Merrill Lynch, whose analysts allegedly slapped “buy” ratings on stocks they knew were failing. One new spot features a montage of customers bemoaning the treatment from their former brokers as an acoustic guitar track plays in the background.

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