Portfolio Advisory Services

Through Fidelity Wealth Services®

Investing for your family's financial well-being takes significant time, knowledge, and emotional discipline. Fortunately, you don't have to do it on your own. Portfolio Advisory Services accounts through Fidelity® Wealth Services, along with the partnership of a Fidelity advisor, can help you stay on track.

Sticking to a plan and staying consistently invested, even when things get rocky, is crucial to investment success. We can help.

Bar graph shows how how attempting to time the market has caused investors to realize below market returns over time. It compares average annual returns for the average equity fund investor, the S&P 500 Index, the average fixed income fund investor, and the Barclays Aggregate Bond Index. Between January 1, 1999 and December 30, 2018 the average equity fund investor has seen returns of 3.88%, the S&P 500 Index has returned 5.62%, the average fixed income fund investor has seen returns of .22%, and the Barclays Aggregate Bond Index has returned 4.55%.

Portfolio Advisory Services can help take the day-to-day challenges of investing, and the discipline it requires, off your shoulders. This can make a big difference in the long term. In fact, Industry studies estimate that financial advice can add between 1.5% to 4% to portfolio returns over extended periods, depending on the time period and how returns are calculated.2

We provide clear, straightforward recommendations with your best interests in mind to help you grow and protect your wealth. Your advisor, alongside a team of experienced investment management professionals, will help you plan and invest for your financial future.

As your life, needs, and goals change, we'll continue to work with you to adjust your investment strategy and help you stay invested for long-term success.

1. "Investor behavior: The Quantitative Analysis of Investor Behavior (QAIB)." 2018, was produced by DALBAR, Inc. The QAIB uses data from the Investment Company Institute (ICI), Standard & Poor's, Bloomberg Barclays indexes, and proprietary sources to compare mutual fund investor returns to an appropriate set of benchmarks. Covering the period from January 1, 1998, to December 31, 2017, the study utilizes mutual fund sales, redemptions, and exchanges each month as the measure of investor behavior. These behaviors reflect the "average investor." Based on this behavior the analysis calculates the "average investor return" for various periods. These results are then compared to the returns of respective indexes. QAIB calculates investor returns as the change in assets, after excluding sales, redemptions, and exchanges. This method of calculations captures realized and unrealized capital gains, dividends, interest, trading costs, sales charges, fees, expenses, and any other costs. After calculating investor returns in dollar terms, two percentages are calculated: total investor return rate for the period and annualized investor return rates. Total return rate is determined by calculating the investor return dollars as a performance of the net assets, sales, redemptions, and exchanges for the period. Annualized return rate is calculated as the uniform rate that can be compounded annually for the period under consideration to produce the investor return dollars. The S&P 500® is a market capitalization–weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation. S&P and S&P 500 are registered service marks of Standard & Poor's Financial Services LLC. The Barclays Aggregate Bond Index is an unmanaged market value–weighted index representing securities that are SEC registered, taxable, and dollar-denominated. This index covers the U.S. investment grade fixed-rate bond market, with index components for a combination of the Barclays government and corporate securities, mortgage-backed pass-through securities, and asset-backed securities. Indexes do not take into account the fees and expenses associated with investing, and it is not possible to invest directly in an index.

2. Value of advice sources: Envestnet, Capital Sigma: The Return on Advice (estimates advisor value add at an average of 3% per year), 2016; Russell Investments, Envestnet, Capital Sigma, The Advisor Advantage (PDF) (estimates advisor value add at an average of 3% per year), 2019; 2017 Value of a Financial Advisor Update estimates value add at more than 4% per year); Vanguard, Putting a Value on Your Value: Quantifying Vanguard Advisor's Alpha® 2016 (PDF), (estimates lifetime value add at an average of 3%); Morningstar Investment Management, The Value of a Gamma-Efficient Portfolio, 2017 (PDF), (estimates value add for a subset of the service identified in this paper at an average of 1.5% per year). The methodologies for these studies vary greatly. In the Envestnet and Russell studies, the paper sought to identify the absolute value of a set of services, while the Vanguard and Morningstar studies compared expected impact of advisor practices to a hypothetical base case scenario. Please follow the links above to see important differences in the methodologies of these various studies.

Strategic Advisers LLC is the investing team responsible for the day-to-day management of your account. Your money will be managed by professionals who follow a disciplined investment process supported by deep research.

  • 30 years of experience helping clients reach their goals
  • Over $384B in assets under management*
  • Over 100 investment professionals with specialized areas of focus within research, portfolio management, and personalized trading
  • Deep fundamental and quantitative research focused on evaluating hundreds of managers and funds and analyzing risk and return potential
  • Portfolio managers with specialized areas of focus in asset allocation and specific asset classes, who drive investment selection and risk management decisions

*As of 03/31/2019

We follow a disciplined process to help you stay on track toward your goals.

  • Research: A dedicated, experienced team that combines quantitative and fundamental research to analyze your investments and economic trends
  • Long-term asset allocation: Using your investment time horizon, appetite for risk, and unique financial situation, we'll determine an appropriate mix of stocks and bonds for your long-term goals
  • Actively managed: We'll select the investments in your account from over thousands of options based on our deep analysis and your preferences. We’ll also adjust the mix of stocks and bonds in your account based on economic conditions and your preferences.
  • Tax-smart investment management: For taxable accounts*, we apply a range of techniques to help reduce the impact of taxes on your investments.
  • Monitor & rebalance: Daily in-depth monitoring and disciplined rebalancing help to keep your account aligned to your goal as markets move up and down over time.

*Does not include BlackRock® Diversified Income Portfolio accounts and legacy Fidelity Portfolio Advisory Service® accounts.