company
Fidelity Investments is a major U.S. financial services firm offering brokerage, asset management, retirement, and custody services, including ETFs.
Plume launched nBND, an onchain vault backed mainly by shares of FBND, Fidelity's $26.6 billion multi-sector bond ETF. It brings duration and credit risk to tokenized fixed income, though Plume has not said how many shares the vault holds.
Reality
Betterment will charge RIAs 0.20% on custody assets under $10 million and 0.12% above that from Jan. 1, with a negotiated rate past $100 million. Setting the rate by assets held at Betterment pays advisers to move a bigger slice there while Schwab or Fidelity keeps the main book.
Reality
The largest acquisition in Vanguard's history is a distribution deal with a second target: the net interest income rival custodians earn on client cash.
Perspective Coverage
4 publishersReality
Nine sessions of buying since August 17 pulled $1.42 billion into US spot Ethereum funds, and $1.02 billion of it landed in one BlackRock product, which makes this a distribution story before it is a conviction story.
Reality
Twenty-one institutions have set a first-half-2027 date for a jointly issued dollar token. The float arithmetic points to a different motive: defending settlement flows, not earning on reserves.
Perspective Coverage
5 publishersReality
US spot Bitcoin ETFs took in $998.95 million on September 21, the year's biggest single day, and another $648 million of buying came from short sellers being liquidated in a market still about 30% below its October 2025 high.
Perspective Coverage
3 publishersReality
One third of parents say they have never discussed estate, healthcare or retirement plans with their children. Advisors say fixing that keeps the money in-house when those children inherit, though the figures Fidelity reported measure confidence.
Reality
September 3 brought $730.9 million and September 18 brought $433 million, so the other eleven sessions of the month netted a combined outflow near $850.3 million against a category holding about $102.5 billion.
Reality
American millionaires now number in the tens of millions. The dollar figure that defines one has been eroding for three decades. Segmenting clients on a $1 million line sorts on a stale number.
Reality
Interactive Brokers is selling advisors published pricing, no custody fees and no ticket charges, while declining to say how much advisory money it actually holds, which leaves the wedge visible and its results unmeasurable.
Reality
Verda Ventures puts Circle's decline at 6% across two announcements and the consortium's product count at zero eleven months in, which makes the euro leg, not the dollar one, the part worth pricing.
Reality
TradePMR will not quote from a rate card, and it reopens each negotiated rate once a year, because the line Robinhood is underwriting is net deposits from the advisor channel rather than custody fees. The referral volume that would settle it is undisclosed.
Reality
The pitch that landed in one advisor's voicemail offered help growing his practice rather than a cheaper custody bill, and Schwab's own referral minimum has moved from $500,000 to $5 million in a year.
Reality
The argument treats bond demand as a fixed pool, so if AI issuers can raise $1.7 trillion at barely wider spreads, the clearing price has to move somewhere, and Yardeni says it moved to the Treasury's own cost of funds.
Reality
Digital Managed Solutions is a hybrid robo built backwards, starting from branch offices instead of an app. The test is whether small-town distribution is an asset or overhead.
Reality
Financial Planning's 41st IBD Elite study finds clearing and custody prices so scattered that recruiters back them out of client fees. In June the SEC flagged undisclosed revenue sharing.
Reality