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What to make of yesterday's Wall Street Journal report on Schwab's 401(k) 'bet'

RIAs favor WSJ's suggestion that Financial Engines is getting a close look as an outsourced 401(k) advice provider

Author Lisa Shidler June 2, 2011 at 1:44 PM
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Walter Bettinger, Schwab's CEO, is high on ETF-infused 401(k)s combined with independent advice


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Fidelity will hire 4,000 staff in first half -- a staggering number but a tapering off from 'unprecedented' rate in 2021-2022 that catapulted it to 68,000 employees

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Fidelity Investments loses Kathleen Murphy who largely caught up Fido to Schwab (near $4T) on the retail side by reversing net promoter scores

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Financial Engines
401k Plan Consultant



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