Boutique ETF firm Powershares announced
that it has hit the $1 billion in assets mark. The firm said that it reached its first $500 million in assets in 17 months and the next $500 million in the following five months.
, which has well over $1 billion in assets, said its 529 business reached the $1 billion mark. OppenheimerFunds is the manager of New Mexico's direct-sold and advisor-sold college plans, as well as the advisor-sold plan in Oregon.
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