Fidelity news from FierceFinance

One sad consequence of the financial crash of the late 2000s was that millions of retail investors lost faith the market, convinced apparently that it's rigged against them. Now that the market has Read more...

In some ways, it's surprising that this hasn't happened earlier: the top consumer banks are redoubling their efforts to acquire 401(k) funds. In the post-financial crisis era, many have suggested Read more...

So who's winning the war between the independent financial advisors and the behemoth wirehouses? Fidelity Investments thinks the independents are winning big. The custody units of Charles Schwab and Read more...

Not too long ago, people were lamenting the decline of the multi-family office. But now, according to Registered Rep., the industry is back on a growth track. Assets under management are ahead of Read more...

Is anyone surprised that Bloomberg has reported that Vanguard is now the biggest mutual fund company by assets managed? The firm has finally surpassed Fidelity Investments, which has held the title Read more...

Asset managers that focus on retail consumers have boosted their advertising spending this year. The likes of Fidelity Investments (Fidelity news), Franklin Resources and Janus Capital Group are bent Read more...

Is this a symbolic product launch or what: Vanguard will soon launch a new exchange traded fund (ETF) based on its Vanguard 500 index fund, which was its very first index fund for individual Read more...

It has always been the case that brokerage accounts with, say, less than $50,000 or so were seen as a problem. On the one hand, they didn't generate revenue. It's possible that the account could grow Read more...

Did Edward "Ned" Johnson III, 79, the CEO of Fidelity Investments (Fidelity news), just set up a horse race to run the massive mutual fund, brokerage and service giant? Fidelity announced it will Read more...

We tend to see Fidelity Investments (Fidelity news) as a lot of things: A big mutual fund company; a third-party administrator; a retail brokerage. But few really identify the Boston giant as a Read more...