Fidelity Clearing & Custody Solutions®-- Working with Fidelity Clearing & Custody Solutions® gives everyone here at Westminster Financial access to a wide range of products and services that can help us serve the needs of our clients. Fidelity Clearing & Custody Solutions® provides a comprehensive clearing and custody platform, brokerage services, trading capabilities, and practice management and consulting to registered investment advisors (RIAs), including strategic acquirers and professional asset managers, as well as retirement recordkeepers, broker-dealer firms, banks, and insurance companies through National Financial Services LLC (NFS) or Fidelity Brokerage Services LLC, Members NYSE, SIPC. In addition to providing services to third-party institutions, the NFS brokerage platform supports all the clearing and custody businesses at Fidelity, including Fidelity’s retail and capital markets businesses, bringing NFS assets under administration to $3.1 trillion.
Third Party Asset Managers—When a situation demands specialization, Westminster has a menu of leading separate account investment managers to address these needs. These managers have been chosen based upon their value-added expertise, superior support and reputation to provide specialized and targeted management services as part of a client’s overall investment strategy. Typically used to augment a core strategy, these partners provide strategic, administrative and technical synergies not available through other alternatives.
Mutual Fund Managers—Westminster maintains dealer agreements with dozens of the leading mutual fund managers and distributors in the industry. This enables Westminster to provide its clients, both large and small, the best managers at the best cost that best fits the needs of its clients. Advisors and their clients are essentially unlimited in their choice of investment fund alternatives, share classes and expense categories. This diversification of investment expertise and unparalleled access allows the focus to be on the client’s needs rather than supporting a preferred or captive provider.
Variable Annuity Sponsors—the increasing flexibility of income and principal protected annuity products has dramatically changed the variable annuity landscape. Westminster has developed long-term relationships with the most sound and stable insurance company sponsors to provide its advisors and their clients access to reliable and experienced partners.