Michael
Scarsciotti

Fidelity Institutional Wealth Adviser LLC

CRD#5288213
Investment Advisor
in Boston, MA

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About this Advisor

Michael Scarsciotti is a certified financial planner operating out of Boston, Massachusetts, who has 1 year of industry experience. Scarsciotti is on the advisory team at Fidelity Institutional Wealth Adviser LLC. During their career, Scarsciotti has held roles at Fidelity Investments. Scarsciotti holds Series 66 and Series 63 licenses, designating them as a securities agent, and is able to operate in Massachusetts and Texas. Fidelity Institutional Wealth Adviser LLC is an advisory company based in Boston, MA. The company has offices in 20 locations and a total of 132 employees. It controls $3 billion in assets under management between its 210 accounts, placing it among the largest investment advisory firms in the country by assets under management. Of its 210 accounts, just 3% are held by high-net-worth investors who have more than $1 million in assets. The firm performs a diverse set of services, including portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, educational seminars and other services. Fees charged by financial advisors usually vary depending on which services are offered. However, fee types charged by Fidelity Institutional Wealth Adviser LLC can be comprised of any blend of asset-based and fixed fees.

Certifications and Registrations

Series 66, Series 63, CERTIFIED FINANCIAL PLANNER™

Years Registered*

1 year

Services Offered

Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Selection of other advisers, Educational seminars/workshops, Other

Fee Structure

Percentage of Assets, Fixed Fees

Office Location

245 Summer Street
Boston, MA 02210

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Fidelity Institutional Wealth Adviser LLC Brokerage Details

Total Assets Under Management

$2,624,456,349

MA Average: $16,012,751,954
Total Number of Employees

132

MA Average: 118
Total Number of Accounts

210

MA Average: 4,567
Average Account Size

$12,497,411

MA Average: $3,506,186

Investment Advisory Services

  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Selection of other advisers
  • Educational seminars/workshops
  • Other

Michael Scarsciotti Work History

Michael has been registered as a financial advisor for 1 years.*

2015 - Present (9 years)

Fidelity Investments

2011 - 2015 (4 years)

Fidelity Investments

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Michael Scarsciotti to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Fidelity Institutional Wealth Adviser LLC

Paul Ma
Smithfield, RI
Allison Staab
Boston, MA
Dana Jorgensen
Smithfield, RI
Derek Waslick
Smithfield, RI
Taylor Hankins
Roanoke, TX
Jeffrey Bonafe
Boston, MA
Mayank Goradia
Smithfield, RI
Michael Scarsciotti
Boston, MA

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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