Fidelity Private Client Program – Benefits & Requirements

Fidelity Private Client is a program created for some Fidelity clients with substantial money and assets in their Fidelity investment accounts.

You can view this program as the elite status at a brokerage firm.

Here is what you need to know about the private client status at Fidelity, its benefits, and the requirements to get into the program.

Fidelity Private Client Benefits

If you qualify for the Fidelity Private Client program, here is what you can expect to receive as perks:

  1. No added fees when you place a trade.
  2. A dedicated financial advisor who is familiar with your financial situation. Someone who you can run your ideas by, call when you need support, etc.
  3. Discounts on TurboTax software.

Fidelity Private Client Requirements

To qualify for Fidelity Private Client membership, you must have over $1,000,000 in assets with Fidelity.

There is no fee to join the Fidelity Private Client program. Once you meet the requirement above, you can reach out to a Fidelity rep, or someone from Fidelity will contact you eventually.

If you do not qualify for this program, there’s a lower tier called Fidelity Premium Services. This program is for clients with a portfolio between $250,000 and $1,000,000.

Community Comments

Armando C:

Other than Free TurboTax software and estate attorney advice, what are the perks of the Fidelity Private Client group?

Has a Fidelity FA ever given you advice without selling you a management service? I would like to have a yearly portfolio check-up conversation, but as a Boglehead investor, I’m not sure if it’s the right move.

Terry F:

My advisor is very helpful. Never pushed anything. Gives me good advice, such as Roth conversions while tax rates are low for now.

1 post – 1 participant

Hi! I'm Diego, 38, and I currently reside in New York. I work as a financial analyst. I primarily focus on initiatives involving research and data analysis.

Leave a Comment

Your email address will not be published.