Fidelity Wealth Management is a personalized investment advisory service for clients with at least $500,000 of assets in an eligible Fidelity.com account (excludes 401k plans).
Congratulations! You’ve unlocked premium status within your Fidelity investment account where you’ll enjoy being assigned a dedicated Fidelity advisor. In September 2024, the nearly 80-year old brokerage firm was voted the “Most Trusted Wealth Management Company” by Investor’s Business Daily.
Here’s what you’ll need to know about the popular brokerage firm’s advisory services, program benefits and requirements for high-networth individuals.
Advisory Services Requirements
To qualify for Fidelity Private Wealth Management advisory services, you must have over $2,000,000 in assets managed by Fidelity Wealth Services. The gross advisory fee for this advisory offering is .050 – 1.50% of AUM (assets under management). Once you’ve met requirement, you may contact a Fidelity representative.
Fidelity Wealth Management Benefits
If you qualify for the Fidelity’s Private Wealth Management advisory services, you’ll enjoy a dedicated 1:1 advisor supported by a team of specialists that will assist on:
- Investment Management: Assigned a dedicated financial advisor to partner with on long-term investment goals, retirement , college , home purchase and income during retirement.
- Fidelity Wealth Services: Your advisor will assist you on building a personalized and diversified portfolio of stocks and bond funds, individual stocks, tax strategies, downside protection strategies through market conditions.
- Generational Planning: Access to estate, trust and investment planning specialists.
Fidelity Wealth Management vs. Fidelity Private Wealth Management
If your total networth exceeds the minimum financial requirements, there’s an exclusive advisory services tier, Fidelity Private Wealth Management, designed for clients with $2,000,000 portfolios managed by Fidelity Wealth Services.
