Fidelity Expands Institutional SMA Lineup with Custom and Model Offerings

Fidelity Investments has expanded its institutional separately managed account lineup with six new custom strategies and two new model offerings for registered investment advisors and broker dealers.

The new custom strategies include Fidelity Institutional Tax-Managed Enhanced Equity and Fidelity Institutional Tax-Managed Fundamental Equity SMAs, each available in large-cap core, growth, and value versions. The enhanced equity strategies are benchmark-aware and draw on a broad set of alpha signals, while the fundamental equity strategies apply systematic portfolio construction and high-conviction stock selection.

Both are available to RIAs through Fidelity’s custom SMA platform, which is integrated with the firm’s Wealthscape brokerage platform and designed to streamline onboarding, customization, and monitoring.

“Demand for a personalized investing experience continues to grow, particularly among ultra-high-net-worth investors, a population that has grown by more than 40% in the past decade,” said Amanda Robinson, head of wealth advisory managed solutions distribution, Fidelity Investments.

Fidelity also introduced two equity model SMAs — the Fidelity Institutional Blue Chip Growth Focused Model SMA and the Fidelity Institutional Small Growth Focused Model SMA — designed to integrate into unified managed accounts for RIAs and broker dealers seeking a more holistic and tax-efficient approach to portfolio management.

Since the custom SMA platform launched in 2022, Fidelity’s lineup has grown to 50 off-the-shelf strategies, alongside custom blends that allow advisors to combine multiple indices or strategies.