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401(k) plans seen as huge opportunity for financial advisers
The surging growth of defined-contribution retirement plans, including 401(k) plans, makes them the next frontier for financial advisers looking to expand their businesses, industry experts say. In 2012, 401(k) plan assets reached $3.6 trillion, and they're projected to hit $4.8 trillion by 2017, Cerulli Associates says.
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