Print this article

Fidelity Introduces Mobile Check Deposit Technology For FAs, Family Offices

Eliane Chavagnon

11 September 2013

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.