Fidelity’s Brokerage Units Post Record Assets, Mass
Beantown — Fidelity Investments on Monday told its brokerage firm business saw clients asset touch a phonograph record USD 1.99 trillion in the fourth quarter, up 17% from a twelvemonth earlier. The Boston-based financial-services giant emphasised daily average commissionable trades arose 30% from the old year to enter levels. Fidelity’s net new customer assets lifted 32% to USD 58.5 000 000 000, and total customer accounts uprose 5% to 18 000 000 in the fourth quarter.