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Schwab CEO says multiple custodians add risk, RIAs beg to differ

Following the announcement of the $26B Schwab and TD Ameritrade deal, Schwab CFO Peter Crawford noted that the need for RIAs to have multiple custodians is ‘a little bit overstated.’ President and Founder Nick Giacoumakis shared his perspective with Citywire USA, noting that having multiple custodians is a benefit for clients who want choice. Read […]

The post Schwab CEO says Multiple Custodians Add risk, RIAs beg to differ appeared first on New England Investment and Retirement Group | Nick Giacoumakis.



This post first appeared on New England Investment & Retirement Group, please read the originial post: here

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Schwab CEO says multiple custodians add risk, RIAs beg to differ

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