After Fidelity rolled out an option to purchase fractional shares, the next likely move for the brokerage is to offer advisors direct indexing. A senior executive confirms Fidelity is looking closely at the issue, raising the question of whether the company will follow other financial-services heavyweights like Vanguard and Charles Schwab and make an acquisition to develop a direct-indexing option.
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October 23, 2021 at 02:53AM
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Week’s Best: Will Fidelity Launch Direct Indexing? - Barron's
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