Working at Charles Schwab & Co. has been a financial and romantic boon for two mutual fund executives planning early retirement.

William Klipp, 43, president and chief operating officer of the San Francisco brokerage's $87 billion mutual fund family, said he plans to retire by yearend. Linda Coffey, Mr. Klipp's fiancee, will retire at the end of next month. Both want to take a break, spend some time with their children, and travel, Mr. Klipp said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.