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They include 59,902 individual clients, 4,169 high-net-worth individuals, and 1,335 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Fidelity Institutional Wealth Adviser offer?","answer":"Fidelity Institutional Wealth Adviser provides portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Fidelity Institutional Wealth Adviser use?","answer":"Fidelity Institutional Wealth Adviser’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $9.38B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Fidelity Institutional Wealth Adviser have?","answer":"Fidelity Institutional Wealth Adviser has 41 investment adviser representatives registered with state securities authorities, out of 209 employees, and 101 perform investment advisory functions. 169 employees are registered representatives of a broker-dealer and 6 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Fidelity Institutional Wealth Adviser invest in?","answer":"At the end of its last fiscal year, Fidelity Institutional Wealth Adviser’s separately managed accounts held 98% exchange-traded equities and 2% registered funds (mutual funds, ETFs, BDCs).","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Fidelity Institutional Wealth Adviser?","answer":"Fidelity Institutional Wealth Adviser’s direct owner is FMR LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Fidelity Institutional Wealth Adviser get paid?","answer":"Fidelity Institutional Wealth Adviser is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Fidelity Institutional Wealth Adviser?","answer":"Fidelity Institutional Wealth Adviser’s main office is at 245 Summer Street, Boston, MA 02210. Its phone number is 617-563-7000.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}