STRATEGIC ADVISERS LLC

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Adviser Profile
As of Date 10/30/2024
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 269 22.83%
of those in investment advisory functions 158 8.22%
Registration SEC, Approved, 08/11/1977
AUM* 824,740,096,815 25.05%
of that, discretionary 792,623,731,892 25.28%
Private Fund GAV* 0 -100.00%
Avg Account Size 419,527 8.92%
% High Net Worth 31.99% 4.77%
SMA’s Yes
Private Funds 0 1
Contact Info 617 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Investment companies
- Pension and profit sharing plans
- Charitable organizations
- State or municipal government entities
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management

Recent News

Reported AUM

Discretionary
Non-discretionary
705B 604B 504B 403B 302B 201B 101B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Brochure Summary

Overview

Strategic Advisers LLC (“Strategic Advisers”) is a registered investment adviser under the Investment Advisers Act of 1940 (“Advisers Act”) and an indirect, wholly owned subsidiary of FMR LLC (collectively with Strategic Advisers and its affiliates, “Fidelity Investments,” “Fidelity,” “us,” “our,” or “we”). Strategic Advisers was formed in 1977 and provides a variety of investment management services, including discretionary portfolio management services to retail and institutional clients and nondiscretionary advisory services to certain institutional clients, including but not limited to Fidelity affiliates. This brochure provides information only about Strategic Advisers’ role with respect to Fidelity® Strategic Disciplines (the “Program”). For information about the additional services that Strategic Advisers provides, please see the relevant Strategic Advisers Form ADV Part 2A brochures.
Strategic Advisers serves as a sub-advisor to its affiliate Fidelity Personal and Workplace Advisors LLC (“FPWA”) in connection with various investment advisory programs offered by FPWA, including the Program. As sub-advisor, Strategic Advisers will make the day-to-day discretionary trading decisions with respect to Program accounts (“Program Accounts”) and will receive a portion of the advisory fees clients pay to FPWA in connection with the Program. Important information regarding FPWA and the Program can be found in the FPWA Fidelity Strategic Disciplines Program Fundamentals (“FPWA Program Fundamentals”).
As described in the FPWA Program Fundamentals, eight of the investment strategies offered to Program clients are sub-advised by Strategic Advisers:
• Fidelity® Tax-Managed U.S. Equity
Index Strategy (to be renamed the Fidelity U.S. Large Cap Index Strategy) (the “Tax-Managed U.S. Equity Index Strategy”);
• Fidelity® Tax-Managed International Equity Index Strategy (to be renamed the Fidelity International Index Strategy) (the “Tax-Managed International Equity Index Strategy”);
• Fidelity® Equity-Income Strategy (to be renamed the Fidelity Dividend Income Strategy) (the “Equity- Income Strategy”);
• Fidelity® U.S. Large Cap Equity Strategy (to be renamed the Fidelity U.S. Large Cap Strategy) (the “U.S. Large Cap Equity Strategy”);
• Fidelity® International Equity Strategy (to be renamed the Fidelity International Strategy) (the “International Equity Strategy”);
• Fidelity® U.S. Total Market Index Strategy (the “U.S. Total Market Index Strategy”);
• Fidelity® U.S. Low Volatility Index Strategy (the “U.S. Low Volatility Index Strategy”); and
• Fidelity® Environmental Focus Strategy (the “Environmental Focus Strategy”).
Before a client enrolls in the Program, FPWA will determine whether the relevant strategy is appropriate for the client based on a review of their investor profile and any other relevant information that the client provides to FPWA. Subject to the imposition of reasonable restrictions, Strategic Advisers will apply its proprietary methodology to manage a client’s Program Account to align with the selected strategy. Strategic Advisers is responsible for portfolio management, trading, and supervision of Program Accounts.
As of December 31, 2023, Strategic Advisers’ total assets under management were $792,623,731,892 on a discretionary basis, and $32,116,364,923 on a nondiscretionary basis.