[Fidelity Investments Expands Institutional SMA Product Line with 8 New Custom and Model Strategies for Wealth Management Firms] Odaily Planet Daily News – Asset management firm Fidelity Investments has announced the expansion of its institutional Separately Managed Account (SMA) product line, introducing 6 custom strategies and 2 model strategies for registered investment advisors (RIAs) and broker-dealer clients. This aims to enhance personalized investment services for high-net-worth clients. The newly added strategies include the Fidelity Institutional Tax-Managed Enhanced Equity strategy and the Fidelity Institutional Tax-Managed Fundamental Equity strategy. Both strategies cover large-cap core, growth, and value investment approaches, combining Fidelity's long-term active management expertise with a customized SMA service model. The Enhanced Equity strategy employs a benchmark-tracking framework to identify excess return opportunities through diversified alpha factors, while the Fundamental Equity strategy is based on a systematic portfolio construction process combined with high-conviction stock selection. Fidelity stated that these strategies are now available to RIA firms through its customized SMA platform, which is integrated with the Fidelity Wealthscape brokerage platform. This integration helps wealth management firms handle client onboarding, strategy customization, execution, and portfolio monitoring. Amanda Robinson, Head of Distribution for Fidelity Wealth Advisor Solutions, noted that as demand for personalized investment experiences continues to grow—particularly among the ultra-high-net-worth client segment—wealth advisors require more flexible and tailored asset management tools. By combining active management, direct indexing, and factor strategies, Fidelity provides advisors with deeper portfolio customization and tax management capabilities. Since launching its institutional custom SMA product line in 2022, Fidelity has increased the number of standardized SMA strategies it offers to 50. Advisors can also combine multiple indices or strategies to create customized allocation solutions based on client needs. Additionally, Fidelity has introduced two stock model SMA strategies: the Fidelity Institutional Blue Chip Growth Focused Model SMA and the Fidelity Institutional Small Growth Focused Model SMA. These are designed for RIA and broker-dealer clients and can be integrated into Unified Managed Account (UMA) systems to achieve more comprehensive and tax-optimized investment management. Currently, Fidelity offers 8 active equity model SMA strategies, covering U.S. equities, sector-specific, and international equity markets. It also provides 5 factor model strategies and 2 index model strategies through the Fidelity Managed Account Xchange (FMAX) and third-party platforms. Fidelity stated that its SMA strategies are developed by the Quantitative Research and Investments team within Fidelity Asset Management. This team comprises over 250 quantitative analysts, data scientists, and technologists who leverage proprietary data, systematic investment methods, and artificial intelligence technologies to uncover investment opportunities.