ADVISORY SOLUTIONS
Fidelity Managed Account Xchange® Essentials (FMAX Essentials)
Looking to to make more informed decisions for your for your clients—and your business? Find out more about FMAX Essentials, our new comprehensive solution designed to help grow your wealth management practice.
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Discover why FMAX Essentials can help elevate how you run your advisory business
It can be challenging to find enough time to focus on what matters most: delivering maximum value to your clients. FMAX Essentials is designed to enhance the ways you deliver investment advice and drive efficiency across your firm, featuring capabilities including:
Simplified experience, service, and support
Fidelity makes it easier to run fee-based businesses
- Dedicated service and support teams with single point of contact for all inquiries and issue resolution
- Select investment lineup1 that helps fuel an advisor’s ability to outsource2 investment management† as part of a competitive managed account experience
- Low 5-7bps platform fee with fee waived for certain products and programs
Comprehensive advisory platform
Helps you personalize advice at scale
- Gain better, more efficient insights through integrated tools, to better manage a client’s entire wealth potential
- Reduction of manual processes and administrative tasks allows you to focus on higher value activities
- Workflow offers multiple front doors including WealthscapeSM and eMoney
Advisory and investment consulting
Helps you drive successful outcomes
- Comprehensive product, advisory and investment consulting
- Portfolio review and analysis services
- Proprietary research and due diligence
FMAX Essentials platform overview
The tools, services, programs and investment products to help you drive successful outcomes.
Advisory tools
• Client profiling
• Proposal Generation3
• Asset Allocation
• Advisor Portfolio Management
• Portfolio Diagnostics
• Performance Measurement
• Fee Administration
• Investment policy oversight
Advisory services
• Research and due diligence
• Investment consulting
• Overlay portfolio management
Advisory programs
• Fund Strategist Program (FSP)
• Separate Account Program (SMA)
• Unified Management Account Program (UMA)
Investment products
• SMA products
• FSP Model Portfolios
• Mutual Funds
• ETFs
A comprehensive solution at a competitive price
Fidelity Models
Available in the FSP and SMA program with no platform fee
- Waived platform fee for accounts in the FSP and SMA programs using only Fidelity products
- 80+ models providing full risk spectrum coverage, and target allocation, sector and factor investing options
- Fidelity Custom Model options for accounts $75M+
Select Lineup
Low-cost access to UMA, SMA, FSP programs and Mutual Funds/ETFs from leading investment managers
- 5-7bps platform fee
- Ability to diversify among multiple investment managers from over 4,000+ investment options
- UMA Tax Overlay available4
Participating FundsNetwork Select lineup managers include:5
Want to know more?
Get our fact sheet to find out more about FMAX Essentials.
Fidelity's definitive guide to portfolio construction solutions
Fidelity's definitive guide to portfolio construction solutions.
1. Managers are part of the FundsNetwork Select program. Fidelity is compensated by its FundsNetwork Select partners for participation in the program.
2. Outsourcing refers to hiring of a 3rd party to manage investment vehicles only. Advisor retains overall fiduciary responsibility for management of the investment account.
3. Proposals are created for investors by the investment professional. It is the investment professional’s sole responsibility for determining whether an investment is appropriate for an investor and their particular situation. FIWA is not involved in the preparation of the report.
4. Additional fees may apply.
5. As of 9/30/24 and subject to change. Managers listed are part of the FundsNetwork Select program. Fidelity is compensated by its FundsNetwork Select partners for participation in the program.
Fidelity Institutional Wealth Adviser LLC (“FIWA”)® is a registered investment adviser and an indirect, wholly owned subsidiary of FMR LLC. FIWA is the platform provider of Fidelity Managed Account Xchange® Essentials (“FMAX Essentials”). FMAX Essentials is a comprehensive wealth management platform consisting of advisory tools, programs and services, and investment products from Fidelity and other affiliated and unaffiliated 3rd parties. FMAX Essentials offers dedicated Fidelity service & support teams and a simplified client experience. FMAX Essentials provides investment advisory and platform services for a fee. FMAX Essentials is offered by Fidelity Institutional Wealth Adviser LLC, an affiliate of Fidelity Brokerage Services LLC and National Financial Services LLC.
FMAX Essentials is not a brokerage product.