Fidelity is not a fiduciary when it is operating as a broker-dealer. When Fidelity serves you in a broker-dealer capacity, the organization is not required to act as a fiduciary.

Fidelity, however, has not breached its duty of prudence by failing to investigate alternatives to those mutual funds because a prudent fiduciary would not be required to conduct those specific ...

Mutual fund giants bank on low-cost index funds, robos to prosper in wake of the Labor Department's regulation.

Asset managers, beware: Rep. Bill Huizenga, chairman of the House Financial Services Subcommittee on Oversight, has sent letters of inquiry to BlackRock, Vanguard, State Street, Fidelity and other ...