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Advisors in the first quarter of the year have been focused on regulatory changes and market volatility—but both can present opportunities for their businesses.

That’s according to the most recent Fidelity Advisor Investment Pulse study from Fidelity Institutional Asset Management, which found that market volatility was a major concern for more advisors in the first quarter of the year than in the previous quarter. Almost 30 percent of respondents said it was an area of focus, compared with less than 20 percent in Q4 of 2015.

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