RIAs and brokers are experiencing surging adoption of retail investors' preference for managed accounts, according to Fidelity.
Assets on Fidelity's Managed Accounts Solutions platform, which the investment behemoth created in partnership with technology from Envestnet, Inc., have hit the $150 billion mark.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
