New Products
Fidelity Introduces Mobile Check Deposit Technology For FAs, Family Offices

Fidelity Investments
has rolled out a mobile checking
deposit service for its registered investment advisor,
broker-dealer and family
office clients.
The service means financial advisors and family offices can take
a picture of a check using the camera on a smartphone or
tablet and deposit the funds directly into their clients’
brokerage accounts.
In addition to mobile check deposit, remote check deposit is
now available to Fidelity Institutional Wealth Services clients,
enabling them
to use a desktop scanner to deposit client checks into their
brokerage
accounts.
Fidelity Investments provides investment management,
retirement planning, portfolio guidance, brokerage and
outsourcing services, among
others.