Articles tagged "Fidelity Investments"


Scott Smith: They're a late entrant but we're still early in this game.

Fidelity launches new robo as Schwab's hits $8.2 billion in assets
The Boston giant differs in its promise to keep cash holdings at less than 1% and in having a published fee -- albeit a floating one

Wednesday 7.27.16
Drew DiMarino: Anytime we get a chance to present to the top advisors, we’ve got a very good chance of winning

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

Thursday 7.7.16
Sheldon Geller: It is the plan sponsor, not Fidelity, who makes the fiduciary decision as to whether to offer the investment advice service to their employees.

Delta employees sue Fidelity for 'illegal kickbacks' from Financial Engines
The case may turn on whether Fidelity, by acting as recordkeeper and administrator, qualifies as a fiduciary and therefore breached its duty as it accepted Financial Engines' advice fees

Wednesday 7.6.16
Josh Charlson: Although the high costs have come down, returns have not surpassed their hurdle rate.

Fidelity dumps two liquid alts managers after they fail to deliver the vaunted 'hedge effect' in stormy markets
The Boston giant gave Arden, then Blackstone, the bum's rush after their halo effect was tarnished by high expenses, low returns

Friday 4.8.16
Vincent C. Gubitosi is the person behind the people behind the robo that will manage Fidelity Go assets.

With RIAs deliberately not in mind, Fidelity Investments launches Fidelity Go, a robo-advisor with the human touch of Vince Gubitosi
The Boston investments firm is using Geode Capital to call the shots, BlackRock as ETF supplier, and its own employees as its initial test subjects

Friday 11.20.15
Eduardo Repetto: It's solving a problem before it exists on the back end.

Dimensional Fund Advisors to launch 13 target date funds but can its RIA 'cult' deliver success?
The Austin, Texas-based fund giant sees a 401(k) opening the size of its home state if Vanguard, T.Rowe and Fido are any indication

Friday 10.16.15
Philip Paleveev:  We want them to experience what it feels like to run a firm and make decisions

Philip Palaveev and Bob Oros create Hunger Games-style RIA high jinks for Fidelity execs, then release it for wide consumption
The reality TV-Harvard Business School hybrid throws simulated market crashes, personal tragedies and M&A what-ifs at green FAs to test their mettle and groom them for succession

Tuesday 9.29.15
Mike Foy: We were wondering if hiring more women is a good strategy for making women investors happy and we found out it isn't.

In tight race, Fidelity and Edward Jones tie for top honors in J.D. Power survey as spiky markets drive down satisfaction scores across the board
In a first, J.D. Power asked women the importance of a same-sex advisor -- and got a surprising response

Thursday 4.9.15
The forecast for the 401(k) business is bright and foggy.

What exactly is doable for an RIA in the 401(k) business?
Conflicting forces of change have made the question harder to answer but has sweetened the pot

Wednesday 10.15.14
Bob Reynolds: We're going to run the businesses together as one company.

Bob Reynolds does 'a lot of testing' to avoid foisting his 'Great West' brand on JP Morgan and Putnam Investments clientele
The chief executive also sees upside opportunities in bringing all three divisions under one banner

Tuesday 9.9.14
Mike Alfred: Fidelity's gone from being generous to being assured of being generous.

How exactly Fidelity Investments extracted itself from a legal and HR quagmire and why it'll cost far more than the public $12-million amount
The settlement's small print reveals Fidelity employee may receive additional hundreds of millions of dollars in value over time

Thursday 8.14.14
Steve Anderson: We made the decision and notified these clients that we're going to resign our services. I personally made the call and explained our thinking.

Schwab shoos $25 billion of client assets out the door as it calls the bluff of employers with lopsided 401(k) contracts
The San Francisco giant is trading recordkeeper revenue for the prospect of wielding its mighty brand directly at plan participants

Friday 2.28.14
Greg Gable on behalf of Charles Schwab:  Clients who participate in a planning process are more engaged.

Schwab's financial plan production skyrockets in 2013 as part of 'Chuck's' upmarket push
TD and Fidelity hold their fire on playing the planner role as Schwab clients get a full-on planner-executed fee for $2,000 and others are satisfied with more limited plans executed by 1,000 branch advisors for free

Thursday 1.23.14
Jylanne Dunne: What's most surprising about the study is how concerned the husbands are that the wives aren't prepared.

Fidelity's new research unlocks women by fixating on -- men -- but elicits an 'ahem' from a big RIA client
As part of its gender efforts, the Boston giant has crafted a quiz -- one that strikes United Capital's Joe Duran as suspiciously familiar

Monday 12.23.13
Anthony Rochte:  We're not trying to build a passive-ETF business.

Why Fidelity's Anthony Rochte could still laugh best in the ETF game -- despite a late, late start
The Boston fund giant, with its hired gun ETF czar, has an outside shot at jumping from laughing stock also-ran in ETFs to first-mover if it pulls off its deep-in-the-rockies launch of active ETFs

Friday 10.25.13
Jordan Burgess: This information has been well-received by advisors.

Fidelity Investments puts hard numbers on the disgruntlement of 401(k) plan sponsors -- and launches Z shares with ETF-like prices
Advisors are gaining some ground but the crunch of fees and service on plan purveyors gets worse and worse

Friday 8.16.13
Mike Durbin: Our attitude is the world is an absolutely enormous place so the overlaps don't bother us at all.

Fidelity reorganizes its advisor business and extrudes a custody unit aimed at outsourcers, roll-ups and TAMPs
The move is the biggest effort yet to wield the combined capacities of National Financial Services and Fidelity Institutional Wealth Services as a single Fidelity weapon

Wednesday 7.10.13
Sanjiv Mirchandani: People in this business don't make a move until they get everyone in the family to make a sale.

Fidelity gleans why so many 'attractive' advisors cling to wirehouses and Cerulli's newest RIA data shows plenty find courage
Those hefty retention bonuses aren't the only thing keeping brokers tied to their desks -- family sentiment has huge impact on 'fence-sitters'

Wednesday 5.8.13
Kris McCabe is charged with helping to bring back Advisor Partners to its former asset stature.

Hire of former Fidelity and Wealthfront talent is latest move by Andrew Rudd to remake Advisor Partners
Kris McCabe has admired Andrew Rudd's company from afar and now he believes he can get its brand humming

Monday 12.10.12
Jim Dario developed respect for TD Ameritrade over the years as a competitor.

What's up with Jim Dario making the leap from Pershing to TD Ameritrade
The former Fidelity star -- and an almost star in 'Jaws' -- made an intra-Jersey City move but actually never left Boston

Wednesday 9.5.12
Phil Chiricotti: The DOL went off the reservation...They backed off and damaged their credibility.

What to make of DOL's backtrack after John Kerry, Fidelity Investments and the rest of the riled 401(k) industry cried foul
The policy reversal on on self-directed accounts is a win for white-collar workers but the agency's mandating-by-bulletin was equally troubling to some observers

Wednesday 8.1.12
Michael Hull: There's no question we were going to be together.

Brothers reunite as a $3.8 billion ex-Graystone team forms its own RIA
Morgan Stanley Smith Barney's elite consulting unit pushed out the older brother based on alleged wrongdoing and his younger brother spearheaded a breakaway to rejoin him

Wednesday 7.11.12
Jason Roberts: I’m seeing a lot  of unintended consequences…

Fidelity tries out new DOL-influenced 401(k) fee disclosures on clients -- and gets plenty of response
The retirement king is putting it out there ahead of most competitors, but there is some resentment that Fidelity failed to warn advisors

Tuesday 6.12.12
Charles Goldman has kept a low profile but maintains an intense interest in the RIA business

Charles Goldman will give a speech and Shareholders Service Group will make noise in the marketplace
Over 300 independent RIAs are expected in San Diego along with Spenser Segal, Lou Stanasolovich, Bob Veres and Norm Boone

Wednesday 12.14.11

RIABiz DIRECTORY

THE Industry Sourcebook for RIAs

  |   LISTING

FEATURED PREMIUM LISTINGS