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RIAs, Discount Brokers Expected to Build Market Share

A survey by the Aite Group has concluded that registered investment advisors and discount brokers are likely to capture additional marketshare from wirehouses during the next four months. So reports InvestmentNews.

RIAs tend to be nimble, so they can customize their offerings, while discount brokers are benefiting from focusing on self-service products and new technology.

Read the full article from InvestmentNews here.

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