Updated Monday, May 25, 2015 as of 7:26 AM ET

Reg Q Repeal Gives Bank-Based Advisors a Boost

Given the low interest rates banks are paying on deposits these days, you might not think it’s much of a big deal that Thursday marks the end of an 80-year-old ban on banks paying interest on business accounts. But if you thought that, you are clearly not a financial advisor working at a bank.

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