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Rick Wurster chides Fidelity in wake of Fido's $100-million RIA purge, as Q3 net-new RIA assets -- both Schwab Advisor Services and Schwab Wealth Advisory -- soar 47% and 55%, respectively
The Schwab CEO underscores that his firm brought in triple the number of third-party RIA firms to the No. 2 custody provider and that it shows up in assets -- $120.1 billion for the quarter.
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