Page 2 - Fidelity Wealth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Roll out of financial advice venture raises questions about the firm’s role in the UK Fidelity has grabbed headlines with its launch into restricted financial advice under the Fidelity Wealth Management brand. It joins a number of big asset management players, such as Schroders, M&G and Quilter, which have made the decision to offer financial advice to their investors, clients and customers. The development may give independent advisers food for thought, where they recommend a fund or utilise a platform which is, at least in theory, also competing with them by offering advice services t...

It will bring together the firm’s existing wealth and retirement services Fidelity International has officially rolled out its UK restricted financial advice arm called Fidelity Wealth Management. Fidelity Wealth Management will bring together the firm’s existing wealth and retirement business. The newly launched arm will offer investment and retirement services, with plans to expand offering to estate planning, tax optimisation and financial planning in the future. Clients who require advice for Sipps, Isas, and investment accounts will be charged 1% of the invested sum, subject to a min...

Investment platform Fidelity International has launched a new restricted advice service called Fidelity Wealth Management in the UK today after months of preparations. Initial advice meetings will be free, but charges will be levied on customers for ongoing advice and for any Fidelity services and products they want to use thereafter. Ongoing advice will cost 0.5 per cent of the total sum invested, while further one-off advice will cost up to 1 per cent of the total sum invested up to a cap of £10,000.  Investment platform Fidelity International has launched a new 'restricted' advice servic...