In a surprise move, Fidelity RIA chief Bob Oros will leave the company at the end of the month after a five-year stint with the industry's second-largest custodian.

Oros took over as executive vice president and head of the RIA segment in the firm’s Clearing & Custody Solutions division in February 2015. He had served as head of sales and relationship management for Fidelity Institutional Wealth Services before the launch of the unit.

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