Fidelity Private Wealth Management is an exclusive advisory service tailored for clients with at least $2M assets in a Fidelity.com account.
Congratulations! You’ve unlocked elite status within your Fidelity investment account where you’ll enjoy being assigned your own wealth management team led by a 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. In addition, the account must have $10,000,000 or more in total investable assets. The gross advisory fee for this advisory offering is .020 – 1.04% of AUM (assets under management). Once you’ve met requirement, you may contact a Fidelity representative.
Fidelity Private 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 an investment specialist team that will help build an investment strategy, portfolio planning and active management without incurring any added fees.
- Financial Planning: Enjoy the benefit of a dedicated financial advisor who is well-versed in your financial situation. This advisor will assist you, provide support, and discuss a personalized investment strategy.
- Generational Strategies: Estate, legacy and charitable planning strategies aligned to your personal values.
Fidelity Private Wealth Management vs. Fidelity Wealth Management
If your total networth does not meet the minimum financial requirements, there’s a more obtainable advisory services tier, Fidelity Wealth Management, designed for clients with portfolios starting at $500,000 managed by Fidelity Wealth Services.