Fidelity Institutional Wealth Services

Overview

Fidelity Institutional Wealth Services is a leading provider of trading, custody and brokerage services to Registered Investment Advisors, Trust Institutions and Third Party Administrators. The company is able to leverage the capital, resources and expertise of the Fidelity organization, one of the world’s largest financial services companies, on behalf of its clients. This includes access to a comprehensive set of products and services, innovative investment tools and research, an integrated brokerage and trust platform, and dedicated client service professionals – all designed to help its clients thrive by growing their businesses, more effectively meeting customer needs, and enhancing operational efficiency and profitability. Fidelity Institutional Wealth Services custodies more than $750 billion in assets on behalf of nearly 3,300 clients, as of December 31, 2013. For more information about Fidelity’s services, please visit http://fiws.fidelity.com.

Assets

ASSETS AS OF DEC. 31, 2013$753.3 billion
 Updated Dec. 31, 2013

 

Q4 business highlights

Total ending client accounts1.1 million
Average daily commissionable trades in Q3 201335,832.1
Total Q4 2013 net flows$26.8 billion

 

Organization

PresidentMichael Durbin

 

Location

Headquartered in Boston.

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