Reinforces Fidelity Investments' Commitment to Offer
the Most Comprehensive Platform at a Highly Competitive Price

BOSTON, Sept. 10, 2009 -- Fidelity Investments^® (Fidelity) announced today a series of strategic fee waivers and price reductions for independent advisors designed to help them continue to select a custodian for their customers' accounts based on the overall long-term value of the platform's technology, products and service, as opposed to short-term pricing incentives.

Effective Oct. 1, 2009, advisors and their clients may benefit from the following fee waiver and price enhancements, which span from technology and transition costs to custody and online equity trading:

•		Fidelity WealthCentral®: An ongoing 10%-35% price reduction on the annual service fees for the Oracle Customer Relationship Management (CRM) On-Demand application. A 50% discount on the annual cost of Advent's APX-hosted multi-custodial platform via ABOS for 2010 and 2011.
•		Investment Products: For new-to-Fidelity relationships established by advisors through June 30, 2010, the waiving of annual position fees for alternative investment accounts, annual trustee fees for personal trust accounts, and annual custody fees for accounts in Fidelity's managed account supermarket, Separate Account Network®.
•		Trading and Transitions: The elimination of commissions on electronic equity and options trades and transfer of account fees for new-to-Fidelity relationships established by advisors from Oct. 1, 2009 through June 30, 2010. There is no limit on transfer of account fees waived.

"These new pricing initiatives are an example of our focus on making the strategic, long-term investments that give advisors the tools to help them succeed," said Michael Durbin, president, Fidelity Institutional Wealth Services^®. "Price should not be a barrier to choosing where to custody a client's assets. With our enhancements, we believe that advisors can now return their focus to finding the best technology and best service that can help them grow their practice over the long term."

In addition to the new price initiatives, Fidelity has continued to introduce significant enhancements to its overall offering, including:

Technology

•		Fidelity's next-generation technology workstation, WealthCentral®, was formally launched earlier this year and is already being used by over 200 independent advisors. WealthCentral is the industry's first Web-based wealth management platform that integrates advisors' most critical operational systems, such as CRM and portfolio management. Advisors can use WealthCentral as a fully bundled, end-to-end platform or they can choose to use only those applications that meet their distinct needs.

Practice Management

•		Launched in May to offer resources to help advisors hire, develop and retain highly productive employees, Fidelity Advisor HR Solutions has added a series of new talent management resources. These include a comprehensive guide on how to conduct effective interviews with candidates and sample job descriptions for positions such as chief investment officer, operations manager, and junior and senior financial advisor.
•		Fidelity has launched Insight & Outlook, a communications program that leverages the in-depth knowledge and experience of the company's investment management organization, to offer advisors market reviews and commentary. The program also offer industry insights, Fidelity and industry event information, and key learnings from a series of best practices.

"We believe we have raised the bar for custodian platforms when combining our new price initiatives with the launch of our next-generation technology workstation, WealthCentral, comprehensive practice management program, and continued support of a full and open investment product offering," said Durbin. "Whether an existing advisor client or a new breakaway broker, our clients can be assured that we will continue to focus on offering a quality platform at a highly competitive price."

About Fidelity Institutional Wealth Services

Fidelity Institutional Wealth Services is a leading provider of trading, custody and brokerage services to Registered Investment Advisors, Trust Institutions and Third Party Administrators. The company is able to leverage the capital, resources and expertise of the Fidelity organization, one of the world's largest financial services companies, on behalf of its clients. This includes access to a comprehensive set of products and services, innovative investment tools and research, an integrated brokerage and trust platform, and dedicated client service professionals - all designed to help its clients thrive by growing their businesses, more effectively meeting customer needs, and enhancing operational efficiency and profitability. Fidelity Institutional Wealth Services custodies over $320 billion in assets on behalf of more than 3,500 clients, as of June 30, 2009. For more information about Fidelity's services, please visit http://fiws.fidelity.com.

About Fidelity

Fidelity Investments is one of the world's largest providers of financial services, with assets under administration of more than $2.9 trillion, including managed assets of $1.4 trillion as of July 31, 2009. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to over 20 million individuals and institutions as well as through 5,000 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.

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