News, Vision & Voice for the Advisory Community


Fidelity lands RIA whisperer from Schwab in a coup, apparently using quality-of-life perks as lure

Kelly Smith chose the Boston rival for greater flexibility, better pay and a chance to move upmarket to sell family office services to RIAs that mix with the ultra-high-net-worth elite.

Author Oisin Breen
February 10, 2023 at 3:39 AM
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Fidelity's poach of Kelly Smith from Schwab Advisor Services left former colleagues frustrated.
Brooke Southall and Keith Girard contributed to the editing of this article.

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February 12, 2023 — 4:39 AM
As long as you’re a woman or special status group member, woke Fidelity will hire you. Middle age white males need not apply.


February 12, 2023 — 7:48 PM
Seems to me Schwab AS has a leadership issue. Might be time for changes at the top.

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