Fidelity Investments, one of the world’s largest asset managers, plans to join the spate of companies offering investors access to Bitcoin through a Canadian ETF, since U.S. regulators are balking at approval of the funds.  The Fidelity Advantage Bitcoin ETF ...

Fidelity Investments is launching a product that lets 401(k) or 403(b) plan participants who are retiring use a portion of their savings in the plan to buy an annuity to provide retirement income. Guaranteed Income Direct is integrated into Fidelity’s ...

401(k) accounts at Fidelity got smaller by an average of 2% during the third quarter, the company announced Thursday. That decrease coincided with slightly lower equity market values at the end of the quarter, but there’s more to the story. ...

While it might seem improbable that the girth of the multi-billion-dollar custodial industry could be moved by the antagonistic actions of one financial adviser, there is at least potential for a candid and heated debate between prolific blogger, podcaster and ...

The convergence of wealth and retirement at the workplace is obvious to defined-contribution plan sponsors, providers and RPAs — but that message hasn’t reached wealth managers and RIAs. The workplace seems to be an obvious means to acquire new wealth ...

Fidelity institutional announced that it will be the first major clearing and custody business to offer financial advisers access to fractional shares for stocks and exchange-traded funds. There are currently six advisory firms participating in a pilot program using fractional ...

Joanna Rotenberg, head of wealth management at Toronto-based BMO Financial Group, has been named to head the $4.1 trillion personal investing division of Fidelity Investments, succeeding Kathy Murphy. Earlier this year, Murphy announced her decision to step down from her ...

Fidelity Investments is aiming to add 800 technology hires to ramp up new products catered to the next-gen retail investor, as well as cryptocurrency and digital asset capabilities, with the speed and agility of a fintech startup.  As part of ...

A lawsuit filed over the use of actively managed Fidelity Investment Co. funds and allegedly high costs in a health care company’s $3.2 billion 401(k) plan fell flat last Wednesday, with a federal judge dismissing all claims.  A plaintiff brought the proposed class-action lawsuit ...

Fidelity Investments plans to hire 9,000 new employees across the U.S. by year-end as the company sees record growth amid a surge in stock trading. The hiring push is the fund manager’s third in less than a year, reflecting a ...