Fidelity Fined $600K Over Employee Who Raided Stock-Plan Accounts
By Melanie WaddellThe firm failed to detect an associated person's conversion of $750,000 over eight years, FINRA said.
December 16, 2024
World’s Biggest Solo Stock-Picker Is Having Best Year Since 1991Fidelity's $155 billion Contrafund, managed by Will Danoff, has returned 41% so far in 2024.
December 05, 2024
Number of 401(k) Millionaires Rises Nearly 10%: FidelityThe average 401(k) balance stands at $132,300, which is up 23% since last year.
November 27, 2024
Fidelity to Switch Advisor Custody Accounts to FCASH as Only Core Sweep OptionNext year, custody, non-retirement brokerage accounts will convert and default to Fidelity's FCASH sweep holding option.
November 21, 2024
Fidelity, Vanguard Launch New Active ETFsFidelity debuted five actively managed stock ETFs while Vanguard unveiled two active muni bond ETFs.
November 20, 2024
Fidelity Resolves Reg BI Suit With Fired AdvisorMichael Maeker had accused Fidelity of pressuring advisors to recommend unsuitable, higher-fee investment products.
November 11, 2024
Fidelity Assets Reach $15T in Third QuarterFidelity's assets under administration surged 30% year over year.
November 05, 2024
Which Leads Are Most Likely to Become Clients? This AI Tool Helps Advisors Find Out.The technology draws on extensive data and personalized profiling to enhance advisors' prospecting, Catchlight's CEO says.