Is Fidelity Wealth Management Worth It? Here’s the Truth

Fidelity is a good brokerage for investors who want to invest in mutual funds and individual stocks. However, its wealth management services are more controversial. Some financial advisors argue that the fees charged by Fidelity for these services are not justified by the company’s performance. Others contend that the quality of Fidelity’s wealth management services … Read more

Fidelity (MMH2000) Bank Transfer Cannot Be Processed

If you recently opened a Fidelity account, you may have trouble transferring money from your bank to your brokerage account. This error message appears when an issue prevents the transfer from being processed. Error (MMH2000) Your transaction cannot be processed at this time. Please try again later, or call a Fidelity Representative at 800-544-6666. This … Read more

What Time Do Mutual Funds Update

As a community advisor, one of the questions I get asked often is, “What time do mutual fund update on Fidelity?” The answer to this question depends on the type of investment you’re looking at. For ETFs, Fidelity updates the price throughout the day (real-time reporting). This means that you can see changes to the … Read more

How Often Does Fidelity Reinvest My Dividends?

Fidelity makes it easy to manage how you receive and reinvest Dividends and Capital Gains distributions from your equity and mutual fund investments. Through the Fidelity platform, investors can easily update their preferences for dividend reinvestment and make changes to a particular position. How to Reinvest your Dividends on Fidelity One of the best features … Read more

Can You Trade Commodities and Futures on Fidelity?

Some Fidelity customers wonder why certain instruments like the S&P 500 E-Mini futures contract (ESH22) are not available. When you enter a specific futures instrument into the Fidelity platform, it will return “Symbol Not Found.” That is because, currently, Fidelity does not offer trading for commodities and futures contracts. Cryptocurrency used to be on that … Read more

How to Buy Bitcoin & Ethereum with Fidelity Crypto

A few months ago, trading cryptocurrency on Fidelity was unimaginable. But things have changed. It’s now possible to buy and sell Bitcoin and Ethereum using the Fidelity Crypto app. Fidelity is currently rolling out cryptocurrency trading access for some customers who have signed up for the Fidelity Crypto Early-Access List. Here’s how to do that. … Read more