What You Need to Know
- Fidelity developed the Wealth Advisory Institute, which features insights and resources from it and other asset managers.
- The program is available via the Fidelity Managed Account Xchange and Managed Account Solutions platforms.
- Participating asset managers include American Century, BlackRock, Goldman Sachs and Invesco.
Fidelity Institutional has launched the Wealth Advisory Institute, a comprehensive wealth management educational and training program designed to help firms and their advisors grow, the company said Tuesday.
The offering was inspired by Fidelity research that found investors are increasingly looking to their advisors to help with what matters most in life, according to the company.
Fidelity research also found that advisors who spent at least 10% of their time on professional development more often reported an increase in the number of clients they served than those advisors who spent less time, Fidelity said.
The Wealth Advisory Institute was developed by Fidelity and features insights and resources from it and other asset managers. The program is available now through the Fidelity Managed Account Xchange (FMAX) and Managed Account Solutions (MAS) platforms.
The program includes a combination of tools and resources, including a curriculum that advisors can customize based on where they are in their journey to becoming a holistic wealth manager, including a guided set of modules.