“Not only are we seeing continued movement among brokers in 2010, but we also are seeing the RIA and broker-dealer communities take aggressive action to attract large producers with significant books of business,” said Michael Durbin, president of Fidelity Institutional Wealth Services. “Firms are focused on accelerating their growth, and we remain committed to investing in the solutions they need to achieve their business targets, including helping them find new advisors.”
Fidelity is also introducing a matching program for brokers to help them identify an independent broker-dealer or registered investment advisor firm that could be an appropriate fit.
