Fidelity’s New Custody Minimum Impacts 1,150 RIAs

Fidelity’s New Custody Minimum Impacts 1,150 RIAs

For many smaller firms, the announcement means finding a new custodian, a potentially disruptive process.

3 ways RIAs can respond to Fidelity's new $100M minimum

RIAs that custody less than $100 million with Fidelity have several options to choose from before being forced out of the firm next year. None of them is necessarily easy.

Custodians Target Fidelity Clients Amid $100M Minimum

RIA custodians such as Schwab, Axos and Betterment, as well as some RIA platforms, are reaching out to those advisors who may need to shift some or all of their assets off Fidelity by June 2027.