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Independent RIAs Struggle with Schwab Investment Menu Limitations
RIABiz 
Oct. 9, 2015
"The good news, RIAs say, is that Schwab is proposing to give them better control of how their clients' assets are managed and that the fees, reflecting the index-based approach, fall into the reasonable range. Yet some RIAs suspect that Schwab's presence will still be far too intrusive. 401(k) participants will get ETFs, they say, in managed account form with Schwab as the only manager."
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