Fidelity Builds Out DCIO Unit

Fidelity Financial Advisor Solutions, the Defined Contribution Investment Only unit of Fidelity Investments, is looking to grow its team of wholesalers.

The unit currently has a territory open for a regional wholesaler to cover Ohio, Michigan, Western Pennsylvania and Kentucky. The wholesaler will focus on retirement on plan sizes up to $100 million in those territories.

The unit currently houses 10 wholesalers nationwide and is headed by Jordan Burgess, national sales manager.

A spokesperson for the firm said the DCIO space is “a growing segment for Fidelity.”

 

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