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9 things to know about the breakaway-to-RIA movement and why it's likely to get bigger

In a down market, RIAs need a new growth strategy and small brokers a safe landing place

Author Brooke Southall May 26, 2010 at 7:18 AM
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Tom Nally: I think joiners are going to take the breakaway trend to the next level.

Doug Michie

Doug Michie

June 11, 2010 — 3:16 PM

I’m not sure that the tuck-in will attract the numbers the article envisions. After all, I believe many break aways do so for the sure freedom of no longer having to deal with policies from on high. I have got to imagine that the real growth is, and will continue to be, in groups breaking away to set up their own independent RIA. Doug Michie www.michielawfirm.com


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Mentioned in this article:

TD Ameritrade
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Top Executive: Tom Nally

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