Fidelity Spokeswoman Anne Crowley said the layoffs occurred as a result of restructuring in the customer service department. Other workers, meanwhile, are relocating in Albuquerque, N.M.
The cuts are in the Personal and Workplace Investment and human resources divisions, and are part of Fidelity President Rodger Lawsons plans to trim spending and reorganize the firm.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
The number of experienced financial advisor recruits fell in the first quarter, but Ameriprise's overall headcount and its profits are on the rise.
Opponents haven't stated publicly that they will file a lawsuit, but one will almost certainly challenge the Biden administration's expansion of the fiduciary duty.
Few U.S. adults have done any estate planning. Even fewer have done so for their pets. Advisors can help them get started.
