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Over the past decade, RIAs have grown faster than any other type of wealth management firm. Yet because more than 5,000 of them compete in the wealth management marketplace, it can be challenging to understand the different business models they employ and how these affect firms' ability to participate in different segments of the wealth market.

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Michael S. Fischer

Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.