Bank executives adopting the RIA model as they build wealth units, Fidelity study finds
Fastest-growing units are turning toward fee-based investment and planning advice.
If it walks like an RIA, and talks like an RIA, it may be a bank.
Bank executives are adopting the model of registered investment advisers as they build their wealth management units, but they don't yet see those firms as their biggest competitors.
That was one of the conclusions of a first-of-its-k
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