Schwab Institutional is accepting nominations for its second annual IMPACT awards, which recognize independent advisors and firms who have advanced the advisory industry "through their visionary leadership, operational excellence and technology innovation."

   The awards will include a Pacesetter Award, which will go to an "up-and-coming" advisor, and The Charles R. Schwab IMPACT Award, which will go to someone deemed a "trailblazer" in the profession, according to the company.

   Nominations will be accepted through June 1 at