11.09.21
Fidelity’s Retail Investor Accounts Top 30 Million
by: Justin Baer
Fidelity Investments said clients’ assets jumped to $11.1 trillion in the third quarter, buoyed by the continuing surge of new accounts from individual investors. Assets held in brokerage and retirement accounts on Fidelity platforms as well the company’s own funds rose 26% from the same period a year ago, the company said Monday. Fidelity’s assets under management climbed 22% to $4.2 trillion. Retail accounts rose 23% in the third quarter to 30.9 million.
Read the full article on Wall Street Journal