Our digital transformation
Richardson Wealth’s transformational new strategic agreement with Fidelity Clearing Canada ULC (Fidelity) took effect January 3, 2023. A specialized and independent company, Fidelity provides trade execution, clearing, custody and back-office support together with an industry-leading digital services platform.
As we accelerate our capabilities through this agreement, our clients should have the utmost confidence that their Richardson Wealth advisor will have best-in-class technology and innovative tools to enhance their experience, including the highest degree of safety and security for their assets. Fidelity is backed by the strength of Fidelity Investments, a renowned privately held financial services leader and investments pioneer with $14 trillion in global assets including $4 trillion in US custodied assets.
Resources for you
For online banking transfers to Richardson Wealth
Instructions for updating payee information to Fidelity Clearing Canada from RF Securities Clearing for online banking transfers can be found here.
For Margin or Option accounts, or Guarantee arrangements
If you have Margin or Option accounts, or Guarantee arrangements, we will ask you to sign a new agreement between you, Richardson Wealth, and Fidelity as our new carrying broker. Your advisor will be in touch if this applies to you.
Relationship Disclosure and Terms and Conditions
We have updated our Richardson Wealth Relationship Disclosure and Terms and Conditions booklet effective January 3, 2023. You can access the full booklet here and a summary of changes here.
Declaration of Trust for Registered Accounts
With our transition to Fidelity, TSX Trust Company is now the trustee of your registered accounts. To view their declaration of trust, click here.
September 30, 2022 client notification
To review the full communication that was included in clients’ September 30, 2022 statement and published on MyRichardsonWealth client portal, click here.
Should you have any questions about our transition to the Fidelity platform please contact your Richardson Wealth advisor.