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EMONEY ADVISORS will host a ribbon-cutting for its new offices at 100 Westminster St., as the company has hired over 100 employees since it opened in Providence in 2017. / PBN FILE PHOTO/STEPHANIE EWENS

EMoney Advisor to celebrate new Providence office and surpassing hiring benchmark

PROVIDENCE – Since the company came to Providence in 2017, eMoney Advisor LLC has hired 110 employees at its Providence office, surpassing its threshold...

Fidelity: A couple retiring today needs $285K for medical expenses

PROVIDENCE – A 65-year-old couple retiring today can expect to spend $285,000 out of pocket for health care and medical expenses through their retirement,...
THE MASSACHUSETTS Secretary of the Commonwealth said its securities division sent a letter to Fidelity requesting information about fees it charges some mutual funds for using its platform to access retirement plan customers./ BLOOMBERG NEWS FILE PHOTO/JB REED

Fidelity faces state inquiry over fees charged for 401(k) plans

NEW YORK - Fidelity Investments Inc. is facing more scrutiny over fees it charges some mutual funds for using its platform to access retirement...

Fidelity Charitable donors recommend $5.2B in grants in 2018

PROVIDENCE – Clients of Fidelity Charitable – Boston-based Fidelity Investments Inc.’s donor-advised fund manager – recommended a record $5.2 billion in grants in 2018,...

Fidelity continues to lead race to zero-fee investment products

PROVIDENCE – Boston-based Fidelity Investments is expanding its commission-free exchange-traded fund, or ETF, platform for individual investors and advisers to include more than 500...
THE NUMBER OF people with over $1 million in their 401(k) accounts declined by more than 28 percent in the fourth quarter, according to data from Fidelity Investments. / BLOOMBERG FILE PHOTO/JB REED

Opinion: 401(k) millionaires club got smaller last year

NEW YORK - Fidelity Investments' quarterly data dump arrived last week, featuring loads of information about its retirement-account holders. It was eye-opening, to say...
NINE BIG BANKS and brokers are attempting to form a new United States stock market called The Members Exchange. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Brokers form new stock market to take on NYSE, Nasdaq, Cboe

NEW YORK - A group of big banks and brokers is forming a new United States stock market, funneling years of frustration about how much...
FIDEILITY'S MONEY-MARKET assets grew to $629 billion as of Oct. 31. / BLOOMBERG NEWS FILE PHOTO/ JB REED

Fidelity widens its lead in cash business by adding $50B

NEW YORK - Fidelity Investments is dominating a business that is thriving even as stocks and bonds struggle.Fidelity’s money-market assets grew to $629 billion as...
WISE INVESTMENT: Michael R. Melton, pictured with students, is a finance professor and director of the Center for Advanced Financial Education at Roger Williams University in Bristol. He said investing in a company that manages its affairs in a socially and environmentally “sustainable” way is good for both the company and its investors over the long term.
 / PBN PHOTO/DAVE HANSEN

Socially responsible investing gaining in popularity, especially among millennials

Some pundits say socially responsible investing is, for lack of a better term, horse pucky. If that’s true, there’s a lot of money in...
FIDELITY INVESTMENTS has increased the number of women promoted in the company's stock picking segment following allegations of sexual harassment. / BLOOMBERG NEWS FILE PHOTO/JB REED

Fidelity promotes more women in wake of misconduct allegations

NEW YORK - Fidelity Investments Inc. has stepped up promotions of women in its stock-picking group, which was hit last year with sexual harassment...
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