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Industry consolidation, regulatory shifts and a trend toward fee-based revenue models is prompting many advisors to consider making a move to a new firm, according to a new study commissioned by Fidelity.

The 2020 Fidelity Financial Advisor Community—Advisor Movement study polled nearly 1,000 advisors, including some before the onset of the COVID-19 pandemic and some six months into the pandemic, to understand their motivations for considering a move.

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