Pave Finance, Inc. (“Pave”), the next-generation wealth management platform, has today announced its integration with Fidelity, one of the world’s largest registered investment advisory custodians and retail brokerage firms. Through this integration, registered investment advisors (RIAs) will be able to connect their Fidelity client accounts directly to Pave for automated portfolio construction, management, and trading, all without moving a single client asset.

By harnessing automation and eliminating operational friction, Fidelity’s highly sophisticated advisor clients can now deliver personalized, risk-managed portfolios that scale effortlessly, saving up to 18 hours per week1 without compromising performance.

The wealth management space is set to double in size2 over the next decade, and independent RIAs have the potential to claim vast swathes of market share. Pave’s integration with Fidelity is a crucial step towards enabling independents to compete with Wall Street giants. Empowered with scalable automation and portfolio personalization, independent RIAs are now positioned to capture a greater portion of this growing market.

The Fidelity platform provides access to over 3,400 advisory firms3. These firms can now seamlessly improve client outcomes by leveraging Pave’s market-leading proprietary Asset Intelligence Layer and optimization engine, which has been self-proven over more than a decade, and has consistently outperformed the S&P 500 by an average of 285 basis points annually.4

Christopher Ainsworth, Chief Executive Officer of Pave Finance, commented: “This integration extends our advanced automated wealth management solutions to Fidelity’s base of high-value RIA clients. Our seamless, time-saving technology has consistently outperformed major market indices over the past decade, and we believe Pave belongs in every RIA’s toolkit. This integration marks an important step forward in expanding our reach and accelerating Pave’s mission of bringing greater automation to wealth management and expanding RIAs’ personalization capabilities.”