The New Challenge For RIAs: To Re-Differentiate Themselves

But that differentiating factor has diminished, said Walt Bettinger, president and CEO of The Charles Schwab Corporation, to a room of some 2,000 advisors at Schwab’ s IMPACT conference in San Diego on Tuesday morning. Merrill Lynch, for example, just recently announced plans to end commissions in retirement accounts, in light of the Department of Labor’ s…