Fidelity, the world's largest mutual fund complex, said it is making third-party and unaffiliated sell-side analyst recommendations on stocks available to retail customers for free on its Web site.
In addition, the Boston-based fund company will offer track records for equity analysts over a two-year period and streamline its research tools by adding features such as real-time price quotes.
"We're the first major brokerage firm to give retail customers easy and timely access to current analyst stock recommendations, along with a measure of their past information - information that has historically been limited for individual investors," said Jeff Carney, president of Fidelity Personal Investments, in a statement.
Fidelity, known more for its mutual fund operations, also provides brokerage, benefits and human resources outsourcing services.
In another move, Fidelity said it cut online trading commissions for its "silver-level" clients to $10.95 from $14.95, representing savings of 25%, part of yearlong campaign to deliver to investors the benefits of economies of scale.
At last glance, Fidelity had $1.1 trillion in assets under management and $2.1 trillion under custody.
