Custodian - Fidelity Institutional
FiscalWise utilizes the services of Fidelity Institutional Wealth Services as the custodian of our clients’ accounts for which we have management authority. FiscalWise prefers to work with client portfolios to improve cost effectiveness and to minimize taxes. We believe that Fidelity Institutional provides the highest levels of quality and service at valued pricing, both to us and to our clients. Our clients establish Fidelity Institutional accounts in their own name (with our assistance) and give us authorization to carry out transactions and service requests. At no time do we take control or custody of any client assets. Our client always maintains asset control. FiscalWise uses internet-based software provided to us for a fee paid to Fidelity Institutional which allows us to access our clients’ information, investment positions and performance, so that we can best manage their portfolios.
A secure internet portal is provided for client account access and account aggregation for clients that want to monitor their investments more frequently then the monthly statements provided by Fidelity Institutional.