Our digital transformation
Richardson Wealth recently announced a transformational new strategic agreement with Fidelity Clearing Canada ULC (Fidelity). A specialized and independent company, Fidelity provides trade execution, clearing, custody and back-office support together with an industry-leading digital services platform. We are fully committed to make this change as seamless as possible for our clients and expect our transition to the Fidelity platform will occur on December 31, 2022, provided we have received regulatory approval.
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.
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.
Declaration of Trust for Registered Accounts
With our transition to Fidelity, TSX Trust Company will become the trustee of your registered accounts. To view their declaration of trust, click here.
Relationship Disclosure and Terms and Conditions
Revisions to the Richardson Wealth Relationship Disclosure and Terms and Conditions booklet will be available here in December.
For online banking transfers to Richardson Wealth
Instructions for updating payee information to Fidelity Clearing Canada from RF Securities Clearing for online banking transfers will be available here in mid-December, to be used beginning in January 2023 when updated account number(s) are available.
For margin or option accounts, or guarantees
If required, information for updating your margin or option account documentation, or guarantee documentation will be available here in the coming months.
Should you have any questions about our transition to the Fidelity platform please contact your Richardson Wealth advisor.