Fidelity Unveils Small Biz Plans for RIA Clients

April 13, 2010 ( – Fidelity Investments has announced a new Small Business Retirement Plan program for clients of registered investment advisers.

A Fidelity news release said the program includes:

  • A Third-Party Administrator (TPA) Referral Network— RIAs that custody assets with Fidelity Institutional Wealth Services can access a network of TPAs also on the Fidelity platform. The TPA and RIA work together to close the sale of the retirement savings plan, and then convert and implement the plan. TPA services include an open architecture approach, extensive fund family options via the Fidelity network, plan design and full 401(k) recordkeeping services.
  • Self-Employed 401(k) – Well suited for owner-only businesses in which the owner wishes to make the largest possible contribution to the plan.
  • SEP IRA — A plan that may be more suitable for individuals who have variable incomes and want to make larger but flexible contributions.
  • SIMPLE IRA — Available to businesses with up to 100 employees, this plan is funded by both employee and employer contributions.

More information about Fidelity is at