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RIAs that signed on with Fidelity said they did so because Fidelity has the resources to help their companies grow, said Jay Lanigan, executive vice president and head of Fidelitys RIA business through its Investments Institutional Brokerage Group.
"The RIA marketplace just completed one of its most challenging years ever," Lanigan added. "While 2002 will continue to be challenging, there has never been a better time for independent advisors to take advantage of market opportunities, like IRA rollovers and wealth management" through financial planning, Lanigan said.