BOSTON, July 23, 2007 -- Fidelity Investments today announced that it has expanded its advisor referral program for high-net-worth investors, Wealth Advisor Solutions^sm , to include investors in Southern California, Manhattan and the New York Tri-State. This follows on the success of the December, 2006 launch in San Francisco, Chicago and New England.

Since last year, assets that advisors gained due to referrals from Fidelity increased substantially, up 33 percent from a year ago¹. This rise can be attributed to the success of the Wealth Advisor Solutions program, which has existed for only six months.

Wealth Advisor Solutions is designed for customers who seek sophisticated and complex services offered by fee-based advisors, as well as investment advice and access to a broad range of investment products and services. To help identify customers who can benefit, Fidelity developed a robust profiling process to understand customers' needs for services, such as tax and estate planning, along with their product and investment discipline preferences. Advisors in the program are selected because of their expertise in the areas of financial planning, portfolio management and holistic wealth management and their commitment to a high level of customer service.

"The immediate success of the new program illustrates that many of Fidelity's high-net-worth customers see tremendous value in working with an advisor to help them meet their wealth management needs," said Scott Dell'Orfano, executive vice president, Fidelity Registered Investment Advisor Group. "Because of the program's success, we are seeing greater demand from advisors in places where the program has yet to be introduced."

"With fierce competition for high-net-worth investors, referrals are a critical source for our firm's growth," said Gary Adams, Senior Vice President at Anchor/Russell Capital Advisers, LLC. "The positioning of RIAs as a wealth management solution for Fidelity's customers has become more important than ever. The Wealth Advisor Solutions program provides access to an exceptional pool of Fidelity clients whose needs are in-line with the services our firm offers."

About Fidelity Registered Investment Advisor Group

Fidelity is a leading provider of wealth management, custody and brokerage services to financial intermediaries. The company custodies more than $288 billion in assets on behalf of approximately 3,800 RIA, bank trust and TPA clients as of May 31, 2007. Fidelity provides access to a flexible, open technology environment, extensive practice management resources, and wealth management investments and services - all backed by the long-term commitment of a private company. Dedicated relationship professionals work consultatively to help clients choose the products and services that are in the best interests of their clients and make the most sense for their business. For more information about Fidelity's services, please visit Fidelity.com

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of more than $3.2 trillion, including managed assets of $1.5 trillion as of June 30, 2007. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 23 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit Fidelity.com

¹As of June 30, 2007.

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