Fidelity Investments said that it will make health savings accounts available to the broker-dealers and registered investment advisers that use its clearing and custodial platforms.
Fidelity said that it will act as the HSA custodian, enabling advisers and their firms to handle all aspects of clients’ HSAs, including professional investment management and operational oversight, in one place.
Fidelity’s HSA, which was established in 2005, has more than $5.4 billion in assets, the company said in a release.
The platform offers access to more than 10,000 mutual funds and ETFs, as well as stocks and bonds.
In an era of AI euphoria and market FOMO, getting back to basics with fixed income may be the most contrarian and most important move advisors can make.
Voya Financial adds private equity, credit and real estate options to its AMA program, building on support for looser federal investment rules in retirement accounts.
Shannon Reid, president of Osaic and the network’s number two executive, has plenty of challenges, industry executives said.
Auditors flagged the commingling. The COO allegedly knew. Investors kept getting the pitch
The advisors on the move include two brothers leading a family practice in Connecticut, and a husband-and-wife tandem working with business owners in the West Coast.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
