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Fidelity and Betterment sign a deal with Steve Lockshin and Marty Bicknell as groomsmen at the altar

By Brooke Southall

Fidelity Institutional Wealth Services has struck a deal with one of the higher-profile digital advisors in response to thousands of RIA clients demanding to better understand, and have better access to, what is classified (somewhat callously) as robo-advice technology.

The Boston-based RIA custodian, which serves about 3,000 firms, is entering an arrangement with New York-based Betterment’s advisor-servicing unit, Betterment Institutional.

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This article originally published October 15th, 2014 on RIABiz.