BenefitsPro: Fidelity Investments has posted record sales in its stock plan administrative services unit. Since July 1, 2014, the Boston-based investment company has inked 53 new client agreements representing more than 140,000 plan participants. The Fidelity platform provides the recordkeeping and trade execution for restricted stock plans, performance plans, stock options, and employee stock purchase plans. “Company stock plans are playing an increasingly important role in corporate benefit programs, especially as more companies expand their workforce globally and look for ways to enhance their benefits offering while streamlining the administration of their platform,” said Kevin Barry, executive vice president of Fidelity’s Stock Plan Services business.
Fidelity Seeing Record Growth in Stock Plan Business
Posted on October 15, 2015 by Bill Dillhoefer