Fidelity Investments® Rolls Out New Features on Bond Trading Platform

Bond BeaconSM, Fidelity Institutional’s Digital Fixed Income Trading Solution Accessible Through the WealthscapeSM Platform, Now Available to All Wealth Management Firms

BOSTON–(BUSINESS WIRE)–Fidelity Investments® today announced new features and expanded access to Fidelity Bond BeaconSM, a Fidelity Institutional® solution designed to provide wealth management firms with a comprehensive platform to manage all aspects of fixed income investing. Bond BeaconSM, which was first offered to a subset of Fidelity Institutional clients in August 2020, is beginning to roll out to all client segments, and provides advisors increased visibility into the bond market.

According to Fidelity research, 35% of advisors would find it easier to invest in individual bonds for clients if they had a simplified process to access and tradei. Bond Beacon helps address this by using real-time data and analytics to trade against live markets, providing a robust view into fixed income markets and substantially cutting the time needed for transactions.

Sandy Pourcillie, head of fixed income for Mariner Wealth Advisors, experienced these improvements first-hand: “Bond Beacon provides visibility of an account’s holdings with options of click-to-trade or RFQ (request for quote) functionality,” says Pourcillie. “This saves so much time when an account needs to liquidate bonds. No more manual data entry into a different order or execution platform.”

James Beale, Head of Capital Markets and Managed Solutions at Rockefeller Capital Management, says Bond Beacon helps its advisors focus on more personalized experiences. “The significant increase in inventory and additional functionality that Bond Beacon provides are good examples of how we are arming our advisors with new tools that enable more meaningful conversations with investors,” says Beale. “Increased visibility into the bond market has been a game changer, particularly in our current interest rate environment. It’s really helped us differentiate ourselves as a premier wealth management platform.”

Fidelity deepened Bond Beacon’s capabilities and added new features to provide advisors, broker dealers and family offices with even more support to manage and construct fixed income portfolios. The platform supports many workflows in fixed income investing with real-time holdings and easy-to-use integration of sophisticated trading protocols that now provide intermediaries with increased access to the broader bond marketplace through:

Enhanced liquidity leveraging the open architecture brokerage technology from Fidelity Capital Markets, Fidelity’s institutional trading arm, delivers expanded electronic market connectivity and introduces structured investment markets;

Robust analytics and data pre-trade, at-trade and post-trade to better inform decisions and oversight throughout the execution lifecycle, including advanced views of risk, portfolio positioning analytics, and potential returns across relevant fixed income market scenarios;

Expanded reporting to support both intermediaries and their investor clients, including portfolio analytics, portfolio proposals from executable markets, offering reports and post-trade order details; and

In-depth, real-time fixed income position and account information with WealthscapeSM, Fidelity’s advisor technology platform, including account access controls that ease collaboration and efficiency between colleagues and with the home office.

“The success of Bond Beacon is directly tied to an increase in bond issuance, market complexity and regulatory obligations which are all making it increasingly difficult for wealth managers to navigate the marketplace. Bond Beacon addresses these challenges head on for intermediaries without sacrificing access to the marketplace or the quality of their execution,” says Bryan Schmid, Head of Fixed Income Platform Solutions at Fidelity Institutional. “We want advisors to be able to spend more time managing their client relationships and less time navigating the bond market.”

For more information about Bond Beacon, please visit go.fidelity.com/bondbeacon.

About Fidelity Investments

Fidelity’s mission is to inspire better futures and deliver better outcomes for the customers and businesses we serve. With assets under administration of $11.1 trillion, including discretionary assets of $4.2 trillion as of February 28, 2022, we focus on meeting the unique needs of a diverse set of customers. Privately held for 75 years, Fidelity employs more than 57,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about-fidelity/our-company.

The content provided herein is general in nature and is for informational purposes only. This information is not individualized and is not intended to serve as the primary or sole basis for your decisions as there may be other factors you should consider. Fidelity Institutional℠ does not provide financial or investment advice. You should conduct your own due diligence and analysis based on your specific needs.

Fidelity Bond Beacon℠ is made available to intermediary clients of Fidelity Institutional® on a non-discretionary basis through Fidelity Capital Markets, a division of National Financial Services LLC, Member NYSE, SIPC. The information presented in Fidelity Bond BeaconSM is for discussion and illustrative purposes only and is not investment, legal or tax advice, nor an offer of a solicitation to buy or sell any securities or services. NFS is not acting as a fiduciary or in an advisor capacity in providing the information herein or the information in Fidelity Bond BeaconSM. The information is designed to be utilized by you solely as a resource, along with other potential sources, in providing advisory and brokerage services to your clients. You are solely responsible for determining whether the investment options and tools provided by Fidelity Bond BeaconSM are appropriate and suitable for you to base a recommendation or provide advice to an end investor.

The experience of these customers may not be representative of the experiences of all customers and is not indicative of future success.

Third party marks are the property of their respective owners; all other marks are the property of FMR LLC. The third parties referenced herein are independent companies and are not affiliated with Fidelity Investments. Listing them does not suggest a recommendation or endorsement by Fidelity Investments.

Fidelity Institutional® provides investment products through Fidelity Distributors Company LLC; clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC.

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© 2022 FMR LLC. All rights reserved.

i Source: Fidelity Investments, “Advisor Investment Decision-Making: Discretion and Portfolio Decisions” research, August 2021

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fidelitymediarelations@fmr.com

Anjelica Sena

(201) 915-7814

anjelica.sena@fmr.com

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