David E. Canter

Executive Vice President and Head of the Registered Investment Advisor (RIA) Segment, Fidelity Clearing & Custody Solutions
David E. Canter
David Canter is executive vice president and head of the registered investment advisor (RIA) segment for Fidelity Clearing & Custody Solutions, a unit of Fidelity Institutional. His team provides a comprehensive custody platform, brokerage services, trading capabilities and practice management and consulting services to registered investment advisors, including strategic acquirers and professional asset managers, as well as retirement recordkeepers. Fidelity Investments is a diversified financial services firm that makes financial expertise broadly accessible to people investing their life savings, businesses managing their employee benefits and advisors investing their clients’ money. Since 1946, Fidelity has been helping people live the lives they want through its customer-centered approach, innovative technology and investment solutions.

Mr. Canter assumed his current role in March 2017 and is responsible for driving the execution and results of sales and relationship management of more than 2,800 RIA firms across eight territories throughout the U.S.

Previously with Fidelity, Mr. Canter served as executive vice president and head of practice management and consulting, leading the development of a comprehensive practice management program structured around helping advisors accelerate growth, streamline their operations and manage risk. He assumed this role in August 2010 following a year as chief operating officer for Fidelity’s custody business, where he was responsible for the oversight, efficiency and effectiveness of client-related operational processes. He was also the business lead coordinating legal, risk and compliance activities.

Prior to joining Fidelity in 2009, Mr. Canter managed certain operational functions and vendor relationships and served as chief legal and compliance officer for Post Advisory Group, an institutional investment advisor in the high-yield realm. During an eight-year tenure with Charles Schwab & Co. beginning in 2000, Mr. Canter held various management positions of increasing responsibility within the firm’s RIA business, including a corporate counsel role; vice president, Schwab Institutional Trading & Operations (SITO); and head counsel to the Schwab Institutional business. Previously, he held positions with the Quellos Group, an investment adviser focused on the fund-of-funds business, and the New York Stock Exchange Division of Enforcement.

Mr. Canter received his bachelor of arts degree in political science from the University of Wisconsin in 1990 and his juris doctorate from the University of Baltimore School of Law in 1993. He currently holds his FINRA Series 24 license and is a member of the State Bar of California.