DUNMORE, Pa., July 23, 2018 (GLOBE NEWSWIRE) -- Fidelity Asset Management Services located at Fidelity Deposit & Discount Bank, a financial services/wealth management firm located in Dunmore, Pa, now offers an advisor-enhanced digital platform designed to enhance the investor experience. The online investment platform was designed as an innovative option for clients seeking a technology-enabled investment solution combined with the opportunity to have a relationship with a financial advisor.
“We continually enhance our offering to meet the evolving needs and desires of our clients,” said Bill McAndrew, Senior Vice President & Wealth Advisor. “This platform can deliver on investors’ increasing expectations for a digital service experience without losing the personal relationship between client and advisor that can lead to better outcomes. We look forward to being able to support clients seeking objective financial advice in innovative ways to help them work toward their financial goals.”
Through Guided Wealth Portfolios the online portal can be accessed through www.fidelitybankinvestments.com where clients can open new accounts, view their Fidelity Wealth Portfolio and make updates to their personal information as their lives change. The platform creates personalized investment strategies based on individual goals, time horizon and risk preferences. An advisor provides oversight and can offer guidance and planning resources to clients as their financial needs and goals evolve.
“There is an increasing demand for financial advice, with investors seeking ways to meet their near-term and long-term financial goals,” said McAndrew. “Whether they’re just getting started with investing or simply prefer a digital experience, our goal of providing the Guided Wealth Portfolios digital platform is to expand the range of options available to help our clients work toward their financial goals.”
Fidelity Asset Management Services located at Fidelity Deposit & Discount Bank is supported by LPL Financial, a leader in the retail financial advice market and the nation’s largest independent broker-dealer*, providing resources, tools and technology that support advisors in the delivery of personal, objective financial advice.
For more information about the technology solution, visit www.fidelitybankinvestments.com or contact us at 570-504-2207.
Guided Wealth Portfolios is (GWP) a centrally managed, algorithm-based, investment program sponsored by LPL Financial. GWP uses proprietary, automated, computer algorithms of FutureAdvisor, Inc. to generate investment recommendations based upon model portfolios constructed by LPL Financial. FutureAdvisor and LPL Financial are not affiliated entities. Both LPL Financial and FutureAdvisor are investment advisors registered with the U.S. Securities and Exchange Commission, and LPL Financial is also a Member FINRA/SIPC.
All investing involves risk including loss of principal. No strategy assures success or protects against loss.
* Based on total revenues, Financial Planning magazine June 1996-2017
About Fidelity Deposit & Discount Bank
Fidelity D & D Bancorp, Inc. has built a strong history as trusted financial advisors to the customers served by The Fidelity Deposit and Discount Bank, and is proud to be an active member of the community of Northeastern Pennsylvania. The Company serves Lackawanna and Luzerne Counties through The Fidelity Deposit and Discount Bank’s 10 community banking office locations providing personal and business banking products and services, including wealth management assistance through fiduciary activities with the Bank’s full trust powers; as well as offering a full array of asset management services. The Bank provides 24 hour, 7 day a week service to customers through branch offices, online at www.bankatfidelity.com, and through the Customer Care Center at 800-388-4380. The Bank's deposits are insured by the Federal Deposit Insurance Corporation up to the full extent permitted by law.
About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc., is a leader in the retail financial advice market and served $509 billion in advisory and brokerage assets as of December 31, 2016. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 financial institutions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 46,000 retirement plans with an estimated $127 billion in retirement plan assets, as of December 31, 2016. LPL also supports approximately 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.
The investment products sold through LPL Financial are not insured by Fidelity Deposit & Discount Bank and deposits and are not FDIC insured. These products are not obligations of the Fidelity Deposit & Discount Bank and are not endorsed, recommended or guaranteed by Fidelity Deposit & Discount Bank or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.
Fidelity Deposit & Discount Bank and Fidelity Asset Management Services are not registered broker/dealers and are not affiliated with LPL Financial.
Contact:
William P. McAndrew
Senior Vice President & LPL Financial Advisor
570-504-2207
Bill.mcandrew@lpl.com