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FIDELITY INSTITUTIONAL WEALTH ADVISER LLC
CRD 301896File 801-116860
APPROVED
Retail clients
Custody
Disclosure events
Filing as of Mar 30, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$9.38B
Top 10% of cohort (national)
Discretionary AUM
$9.38B
Clients
65,862
1,435 accounts
Employees
209
Top 25% of cohort in MA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- BRO
- Registration date
- Jun 28, 2019
- Principal office
- 245 SUMMER STREET, BOSTON, MA, 02210
- Phone
- 617-563-7000
- Website
- https://www.fidelity.com
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $9.38B
- Discretionary AUM
- $9.38B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 1,435
- Non-discretionary accounts
- 0
- Total accounts
- 1,435
- AUM per client
- $142K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 1,335 | $4.84B |
| Charitable organizations | 5 | $0 |
| Other investment advisers | 451 | $0 |
| High net worth individuals | 4,169 | $4.23B |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Individuals (other than high net worth individuals) | 59,902 | $320.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- A percentage of assets under your management
Advisory activities
- Other
- Other advisory activities
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- Yes
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11D2
- Q11D4
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 194 | 209 | increased by15 |
| Apr 1, 2026 | Clients | 52,688 | 65,862 | increased by13,174 |
| Apr 1, 2026 | AUM | $6,468,261,663 | $9,384,114,700 | increased by$2,915,853,037 |
| Apr 1, 2026 | Accounts | 829 | 1,435 | increased by606 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 124 | 194 | increased by70 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 1,881 | 52,688 | increased by50,807 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $2,843,392,652 | $6,468,261,663 | increased by$3,624,869,011 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 154 | 829 | increased by675 |
| Apr 1, 2022 | Employees | 117 | 124 | increased by7 |
| Apr 1, 2022 | Clients | 25 | 1,881 | increased by1,856 |
| Apr 1, 2022 | AUM | $0 | $2,843,392,652 | increased by$2,843,392,652 |
| Apr 1, 2022 | Accounts | 0 | 154 | increased by154 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “FIDELITY INSTITUTIONAL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“FIDELITY INSTITUTIONAL” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.