Fidelity Investments has announced two new technology offerings developed specifically for smaller and midsize registered investment advisers (RIAs) looking to establish and grow their business. The all-in-one technology stack and the advisory bundle featuring FMAX Essentials, a new, streamlined managed account platform, aim to reduce two common technology barriers for smaller firms: resources and cost.
Fidelity’s latest Advisor Technology Stack study found that firms with less than $250 million AUM are 1.8 times less likely to embrace technology best practices than firms with more than $1 trillion AUM. This lack of te