Fidelity Institutional
Custody, clearing and investment products for advisers, broker-dealers and banks.
institutional.fidelity.comFidelity Institutional is Fidelity's business serving advisory firms, broker-dealers and banks. Its site lists mutual funds, ETFs, model portfolios, retirement products and research alongside custody and clearing run through National Financial Services.
In October 2026 trade press reported that Fidelity would require RIAs to hold at least $100 million with it by June 30, 2027 or leave the custody platform.
In the filings
1,999 of 8,572 wealth-focused RIAs, or 23%, name Fidelity as a custodian on Form ADV. See the full record.
What it does
- Custody and clearing
- Model portfolios
- Investment products
- Retirement solutions
- Research
Coverage
- Savvy Wealth brings pre-IPO private markets deals to its advisors through Allocate
Financial ADVSR, Oct 29
- Gainesville team launches independent RIA after $1.1 billion breakaway
Financial ADVSR, Oct 28
- SEC filings show more than 400 registered RIAs below Fidelity's $100 million custody floor
Financial ADVSR, Oct 7
Others in Custody and clearing
All Custody and clearing vendors- BNY PershingClearing, custody and wealth technology provider for advisers and broker-dealers.
- AltruistRIA custodian with built-in trading, billing and reporting software.
- Apex Fintech SolutionsClearing and custody platform used by wealth firms, brokerages and fintechs.
- Axos Advisor ServicesRIA custodian operated by Axos Clearing, the former E*TRADE Advisor Services.
- Interactive Brokers (advisor services)Brokerage and custody platform offering RIAs low-cost trading and custody.
- Schwab Advisor ServicesCustodian and technology provider for independent registered investment advisers.