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Fiduciary Standards Now Govern 42 Percent of Advised Retail Assets
Advisor News 
Jan. 3, 2018 "At the end of 2016, nearly $18 trillion in total assets were overseen by all financial advisors ... Of that $18 trillion, about $7.5 trillion -- 42 percent -- was subject to a fiduciary standard, either as part of a broker-dealer fee-based managed account or in a registered investment advisory (RIA) practice ... Investor awareness appears to have played a big role in pushing advisors toward fee-based models." MORE >> |
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