Enhancing our technology capabilities

Richardson wealth’s next step in technology: transitioning to Fidelity Clearing Canada’s uniFide™ platform 

Last year, we sent out a letter to you announcing an exciting strategic agreement with Fidelity Clearing Canada ULC (Fidelity). Simply put, what this means is that Richardson Wealth will use Fidelity’s best-in-class technology platform, uniFide™, to enhance our processes and systems. Fidelity will also become our carrying broker, providing custody, clearing and trade settlement services. 

Our firm’s new relationship with Fidelity accelerates our digital capabilities, streamlines systems and most importantly, enhances the wealth management experience we offer to you.     
 
What this means for you
 
Our back-office transition to Fidelity will take place on, or around, December 31, 2022 subject to regulatory approval.

We have linked a copy of the letter you will receive with your September statement here, containing full details of what you can expect. Most things are not changing and for those that are, very few — if any — will require action on your part.

We encourage you to read this letter and reach out should you have any questions.

    

The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson Wealth Limited or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson Wealth Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Richardson Wealth is a trademark of James Richardson & Sons Limited, used under license.