Registered investments advisors like to think of themselves as starkly different than their counterparts in wirehouses -- in terms of fee structure, fiduciary responsibility, independence and, often, income, but a new study casts some doubt on the income part of that equation.
In truth, planners in RIAs and wirehouses earn roughly the same income when they are in firms of equivalent size, according to a new report by Boston-based consulting firm Aité Group.
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