Fidelity Investments added $90 billion in sales to its defined-contribution plan platform in 2021, as well as $20 billion in defined-benefit plan assets across more than 80 new clients.
The fund giant’s stock plan services business, which serves companies in the U.S. and Europe, added $36.7 billion in assets across more than 100 new clients, the company said in a release.
Fidelity said its new clients spanned start-ups to large corporations.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
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.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
