Articles tagged "Jim Lowell"
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Fidelity Investments' plan to hire 12,000 by October hit wall of macro-headwinds; no problem, it landed at 15,000; Schwab keeps hiring, too
The Boston giant's people grab could be derailed by indigestion -- the inability to assimilate staff -- an analyst says; but it has yet to materialize so the hiring spree rolls on.
October 29, 2022 at 12:02 AM
Fidelity's strategy to own the financial advice business by owning 'a crazy lot of people' is heading for 28,000 hires in two years
Hiring 16,600 people last year just whetted the $11-trillion Boston company's appetite to make 12,000 more hires in a play to be a category killer in finance.
May 12, 2022 at 3:14 AM
Fidelity's bet on ultra-compliance with the DOL rule pays off big as 401(k) assets jump stunning $280 billion in 2017
The Boston giant also added staggering 1.6 million plan participants but here comes DOL rule's BICE and the need to come extra clean on all those in-house funds
March 16, 2018 at 5:41 PM
With beginnings harking back to E*Trade's RIA roll-up liquidation, two Boston-adjacent RIAs of a certain age join to create a $4.7 billion firm
Downplaying succession ghosts, the Mark Hurley-funded combo of Adviser Investments and Braver Wealth Management is equal parts M&A wizardry and product of a local soda fountain meet-up
March 1, 2017 at 6:14 PM
After years of work to gain parity with Schwab RIA custody, Fidelity is ready to show fruits of its $250 million move to gain an edge
With ex-Schwabbie Bob Oros in RIA charge, Mike Durbin as leapfrogger-in-chief, and Sanjiv Mirchandani at the big desk, the Boston-based custody division is set to launch its new technology platform
February 3, 2016 at 7:46 PM
Terri Kallsen sold 15,469 shares of Schwab stock but did she also sell short her own vision?
Schwab's head of retail dumped more than half her company stock exactly a year after becoming retail chief with bold goals
February 1, 2016 at 10:57 PM
Abigail Johnson takes Pyramis back to its Fidelity roots after her father tried to create exalted brand
Unknown and unloved, the 'just-a-no-load' unit that failed to capture 401(k) rollovers is reimagined to appeal more 'sophisticated' clients
October 26, 2015 at 5:26 PM
Fidelity Investments soon to jack up commissions on DFA and Vanguard Group mutual fund trades
At the same time, the Boston giant slashes commissions on 99% of the other mutual funds and, analysts say, may have declared war on Vanguard and Schwab in one move
December 5, 2013 at 8:18 PM
Why Fidelity's Anthony Rochte could still laugh best in the ETF game -- despite a late, late start
The Boston fund giant, with its hired gun ETF czar, has an outside shot at jumping from laughing stock also-ran in ETFs to first-mover if it pulls off its deep-in-the-rockies launch of active ETFs
October 25, 2013 at 3:20 AM
Abby Johnson wins RIA respect by articulating her bold vision for Fidelity's future at the company's Executive Forum
Hillary Clinton gave a great speech in Naples but the chairman's daughter gave a glimpse of her determination to attack channel insularity -- and what kind of a successor she might be
May 23, 2013 at 2:12 AM
Why Financial Times is starting an online publication for financial advisors and what to make of it
FA IQ, with REP. vet Sydney LeBlanc aboard, joins Ignites and FundFire in publishing for niches in the financial advisory business
April 22, 2013 at 5:24 PM
Fidelity launches major division in Denver with an 'ETF quarterback' calling the shots
The new venture appears to be the Boston giant's long-awaited foray into exchange traded funds but some details are still being carefully guarded
September 17, 2012 at 4:56 AM
How two RIAs succeed by using only Fidelity funds -- but not without weathering criticism about closing their own architecture
The heads of Weber Asset Management are unfazed by peers and analysts who says they are taking brand loyalty too far
