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Fidelity Snares Pershing Executive

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Fidelity Investments named Ronald Fiske as executive VP of product development and management for its Institutional Wealth Services business. Fiske will run Fidelity’s new HybridOne program, which combines many of the services and products for Fidelity’s RIA and broker/dealer clearing businesses on one platform. Fiske, who will report to Jack Callahan, president of Fidelity Institutional Wealth Services, most recently spent more than eight years at Pershing, including the last four as managing director of the company’s product management and development group.