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Schwab’s acquistion of U.S. Trust casts shadow on advisers

Charles Schwab Corp. is about to welcome a new addition, and it's already inciting sibling rivalry. In the…

Charles Schwab Corp. is about to welcome a new addition, and it's already inciting sibling rivalry.

In the wake of the San Francisco brokerage's announcement this week that it is acquiring U.S. Trust Corp. for a hefty $2.73 billion, many advisers who use the No. 1 online discount broker say the mer

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