WealthManagement.com·
Fidelity to Raise RIA Custody Asset Minimum to $100M
Action Required: Smaller RIAs must assess their AUM and custodial strategy to determine if they need to transition to a new custodian.
Fidelity is implementing a new policy requiring RIAs to maintain at least $100 million in client assets to custody with the firm, with a departure deadline of June 30, 2027, for those falling below this threshold. This shift forces smaller RIAs to evaluate their current custodial relationships and potentially migrate platforms, which may impact operational workflows and technology integrations.
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