Articles tagged "Fidelity Investments"
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Schwab PortfolioCenter sale to Envestnet signals open season on 2,300 RIAs in the deal; Orion bags six; 'Why didn't Tamarac call me?' some ask
Whether you are Bridge, BlackDiamond, FinFolio or Morningstar, you are not sitting out this once-in-a-generation orphaning by a legacy giant of portfolio accounting software
March 7, 2019 at 1:59 AM
After five-year stealth project, Fidelity goes big-time into crypto-asset custody with standalone company
CEO Abby Johnson founds Fidelity Digital Asset Services for enterprise-quality custody and trading, with pledge for more 'investing and experimenting'
October 15, 2018 at 6:45 PM
Focus Financial conscripts Fidelity to bombard RIA principal/prospective clients with IPO solicitations while one research shop waves a yellow flag
RIAs can buy Focus shares at 'first-tick' price from the Boston-based giant through tomorrow as part of a 'directed' program that may also encourage RIAs to sell to Focus down the road
July 24, 2018 at 1:53 AM
Vanguard Group Makes Big Move on RIA Custody by Ending Commissions on 1,700 ETFs in Bid to Become Walmart of Financial Services
The Malvern, Pa.-based giant 'face slaps' Charles Schwab & Co. by undercutting it on ETF distribution fees the way Schwab did to it on ETF management fees
July 4, 2018 at 2:51 AM
Vestwell makes hard-charging payroll startup, Namely, its portal to win plan sponsors for RIAs and IBD reps it services
CEO Aaron Schumm is helping advisors get the benefit of feet already wedged in doors thanks to pervasive payroll service apps
May 22, 2018 at 8:13 PM
Fidelity's bet on ultra-compliance with the DOL rule pays off big as 401(k) assets jump stunning $280 billion in 2017
The Boston giant also added staggering 1.6 million plan participants but here comes DOL rule's BICE and the need to come extra clean on all those in-house funds
March 16, 2018 at 5:41 PM
How Lori Hardwick's startup -- funded to the gills -- may co-opt the advisor desktop by creating an overarching open architecture
The co-founder's AI Labs is a portal-of-portals software that means to create -- and just may -- a virtual mono-custodian, mono-software platform
March 15, 2018 at 1:53 AM
Fidelity exec joins 401(k) robo he formerly serviced with hyper-micro mindset
Stan Smith becomes CEO of SaveDaily, which has been around since 1999, way under the radar
March 5, 2018 at 10:38 PM
What an RIA should make of Wall Street Journal's expose of how Schwab, Fidelity and TD Ameritrade's advice machines steer client assets
Product of a six-month of investigation, the Jason Zweig and Anne Tergesen-authored article alleges conflicts at the discount brokers are rife -- but RIA reactions to the revelations are textured
January 27, 2018 at 12:43 AM
Fidelity sounds alarm over RIA discounting but Mark Tibergien, Eric Clarke and others see it differently
Pershing's Gabe Garcia sees more RIAs raising fees than lowering them but Fidelity's David Canter says he observes real-life discounts that support survey results
December 21, 2017 at 5:05 PM
Three advisors in Atlanta break away with $1.8 billion and make seven-year Fidelity relationship manager their CEO -- whose duties now include managing a lawsuit from former IBD
ACG Wealth replaced Triad with their own broker-dealer and allegedly depended on a verbal assurance that may be tested in court
July 27, 2017 at 11:41 PM
Fidelity warns on the fees RIAs charge as growth of their practices falter yet lower prices aren't the answer
The Boston custodian calls attention to pedestrian 2015 organic net new growth of 6.7% as sign that clients are baffled about what exactly they are paying for
December 20, 2016 at 7:13 PM
Mike Durbin takes new RIA+ job at Fidelity after an unlooked-for two-year eMoney mission concludes
After Abby Johnson had former RIA chief troubleshoot $250-million purchase, he comes back to stock shelves with robo and alt goodies
December 8, 2016 at 12:08 AM
Fidelity launches new robo as Schwab's hits $8.2 billion in assets
The Boston giant differentiates itself by its promise to keep cash holdings at less than 1% and in having a published fee -- albeit a floating one
July 27, 2016 at 4:06 AM
eMoney makes its first big enterprise sale as a Fidelity sub-unit by showing a few features and much salesmanship
Though Advicent is being phased out, an analyst says that eMoney and Advicent are more similar than you'd think
