Fidelity Advisor Solutions is an international provider of financial services and investment resources that help individuals and institutions meet their financial objectives.
Jan 25, 2012 10:41 AM, By Jerry Gleeson
Contributions to Fidelity Charitable, the custodian and discount brokerage’s donor advised fund, hit a record of nearly $2.9 billion last year, the fund says. And the influence of financial advisors in managing their clients’ money appears to be making itself felt as well; ...
Dec 8, 2011 11:29 AM, By Jerry Gleeson
Financial advisors who custody and clear with Fidelity Investments’ National Financial expect their telephones to start ringing more often in the weeks and months ahead. ...
Nov 1, 2011 12:00 PM, By Anne Field
Three RIA custodians talk about who they're recruiting and how they're attracting recruits....
Jul 26, 2011 11:00 AM, By John Aidan Byrne
New research from Aite Group shows that the online brokerages continue to take market share of wealth management assets from the wirehouse firms—something that surprised Aite Group analysts. ...
Jul 22, 2011 9:30 AM, By Jerry Gleeson
Asset growth at Charles Schwab and TD Ameritrade Holding, fueled in part by the RIA custody businesses of both firms, was a bright spot in this week's earnings reports, while trading revenue took a big hit. Both firms reported higher asset-based revenue as they brought on more financial advisors as well as retail investors in the three months ended June 30. ...
May 4, 2011 3:41 PM, By Jerry Gleeson
Affluent households with philanthropic inclinations are giving more than just cash these days. Officials at the two top donor advised funds in the United States, at Fidelity Investments and Schwab Charitable, say that complex assets are making their way into their coffers. ...
Apr 1, 2011 12:00 PM, By Jerry Gleeson
The average financial advisor is in his 50s and mulling retirement. The total number of advisors in the industry has been flat for years and is expected to decline in coming years. These facts are constantly trotted out as proof that a talent crunch is at hand in the industry. But in fact, it may be no big deal....
Feb 22, 2011 2:52 PM, By Lauren Barack
Advisors who hopscotch across their territories visiting clients now have mobile access to client files and financials on their iPhones (Nasaq: AAPL) — at least those who custody with Fidelity....
Jan 28, 2011 12:25 PM, By Diana Britton
While the number of advisors shifting to independent business models slowed somewhat last year from 2009, the size of those breakaways making the move is growing, says Fidelity Investments. It’s not a new trend for the No. 2 RIA custodian. Fidelity has been seeing larger teams joining for many months now. ...
Nov 30, 2010 5:28 PM, By John Aidan Byrne
Merrill Edge is a serious challenge to the online brokerage powerhouses such as Charles Schwab and Fidelity Investments, as well as to independent and regional broker dealers, according to a new report from Aite Group. The report also suggests that online do-it-yourself offerings can help a retail financial advisor, rather than hinder him. ...
Nov 9, 2010 2:28 PM, By Jerry Gleeson
Bah, humbug. The latest study of charitable giving among America’s high-net-worth households shows a marked decline in generosity, according to a 2010 Bank of America Merrill Lynch report. ...
Oct 25, 2010 5:41 PM, By Charles Paikert
In an effort to attract more financial advisors who have--or would like to have--ultra-high net worth clients, Fidelity Investments is offering them the same high-end services it offers to family offices. ...
Oct 15, 2010 12:43 PM, By Jerry Gleeson
James Gorman and Sallie Krawcheck said it would be so. With markets stabilizing and bank-brokerage merger integrations progressing, fewer brokers are fleeing the big Wall Street wirehouse firms for the RIAs and independent b/ds in 2010. But those who are leaving tend to have more assets to drag with them. ...
Sep 1, 2010 12:00 PM, By Halah Touryalai
When the 7 becomes more of a burden than a benefit....
Aug 23, 2010 9:59 AM, By Jerry Gleeson
Double-dipping doesn’t just refer to the threat of a new recession this year. Fidelity Investments says the number of loans and hardship withdrawals from 401(k)s is on the rise. ...
Aug 1, 2010 12:00 PM, By Halah Touryalai
Michael Kavanagh, Chief administrative officer, head of Independent Business Channels at RBC Wealth Management ...
Jun 25, 2010 10:33 AM, By Jerry Gleeson
Considered by some to be a latecomer to the ETF party, Vanguard yesterday beefed up its exchange traded fund and mutual fund offerings. In keeping with its philosophy of shaving costs for investors, the expense ratio on the 500 Index Fund ETF is a niggling 0.06 percent. ...
Feb 2, 2010 5:41 PM, By Kristen French
Fidelity announced the latest in a series of price cuts Tuesday. But the move has less to do with an ongoing price war between itself and Schwab than with the firm’s decision to eliminate discrepancies between pricing offered to its RIA clients and to its retail clients. ...
Jan 27, 2010 4:58 PM, By Jerry Gleeson
Charles Goldman, the president who oversaw Fidelity Investments’ services for financial advisors, will leave at the end of March, the second top manager in a week to depart from the mutual fund giant. Also exiting Fidelity is the company’s President Rodger Lawson, the number two executive under Chairman and CEO Edward “Ned,” Johnson. Lawson leaves at the end of March as well....
Jan 21, 2010 5:47 PM, By Christina Mucciolo
Affluent investors rated Charles Schwab the number one “distributor” or brokerage firm, bumping Fidelity into second place, according to Cogent Research’s recently released 2010 Investor Brandscape report. ...
