David Lamere's short-lived and mysterious stint as head of Fidelity Private Wealth Management has ended, and the division itself has been shut down as a stand-alone unit, Financial Planning has learned.

Lamere, a veteran and highly regarded wealth management executive who was CEO of BNY Mellon Wealth Management before joining Fidelity late in 2012, left the giant financial services company the same way he entered, with no official announcement or press release.

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