Fidelity to help advisers train employees

Fidelity Investments today unveiled a program to help registered investments advisers hire, develop and retain employees.
MAR 12, 2009
By  Bloomberg
Fidelity Investments today unveiled a program to help registered investments advisers hire, develop and retain employees. Fidelity Advisor HR Solutions will offer consulting services and training programs for management development, team building and organizational efficiency. The program also includes a website that features planning resources and white papers. “With their assets and revenues under significant pressure, now more than ever [RIAs] need to make sure they are getting the most out of their employees,” said Ronald P. Fiske Jr., executive vice president of Fidelity Institutional Wealth Services. Fully 40% of decision makers at 436 advisory firms that had at least $25 million in assets under management reported that training staff would be a major challenge over the next two years, according to a 2007 study conducted by Fidelity. Boston-based Fidelity had assets under custody of more than $2.5 trillion, including managed assets of more than $1.2 trillion, as of Jan. 31.

Latest News

What advisors need to know about SECURE 2.0’s impact on retirement income planning
What advisors need to know about SECURE 2.0’s impact on retirement income planning

Catch-up contributions, required minimum distributions, and 529 plans are just some of the areas the Biden-ratified legislation touches.

EToro to tokenize US stocks on Ethereum network for 24/7 trading
EToro to tokenize US stocks on Ethereum network for 24/7 trading

Following a similar move by Robinhood, the online investing platform said it will also offer 24/5 trading initially with a menu of 100 US-listed stocks and ETFs.

GTCR to acquire FMG Suite, expanding its wealth tech portfolio
GTCR to acquire FMG Suite, expanding its wealth tech portfolio

The private equity giant will support the advisor tech marketing firm in boosting its AI capabilities and scaling its enterprise relationships.

$29B Lido Advisors expands in Utah with Olympus Wealth Management
$29B Lido Advisors expands in Utah with Olympus Wealth Management

The privately backed RIA's newest partner firm brings $850 million in assets while giving it a new foothold in the Salt Lake City region.

Annuities hit new $223B high in H1 2025, LIMRA says
Annuities hit new $223B high in H1 2025, LIMRA says

The latest preliminary data show $117 billion in second-quarter sales, but hints of a slowdown are emerging.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.