Friday, December 3rd, 2010
Fidelity Forms Alliance With Archway

Fidelity® Forms Alliance With Archway Technology, Adding Sophisticated Portfolio Accounting Capabilities To Family Office Offering

BOSTON, MA.  Fidelity Family Office Services (Fidelity), a leading provider of brokerage, custody and administrative services to more than 120 ultra-high-net-worth, single family offices, today announced that it has established an alliance with Archway Technology Partners, a global software company supporting the operations of private investment firms such as family offices and multi-family offices.

For executives responsible for managing the inherent complexities of a family office environment, the alliance Fidelity has established with Archway aims to deliver a comprehensive technology, service and operations solution designed to lower the total cost of running a family office.

As a part of the alliance, Fidelity and Archway have established a dedicated team of professionals from each company to help streamline the service and support experience for shared clients.  In addition, family offices have access to Archway’s ATWeb, an enterprise financial management platform designed to enable complex family offices to efficiently manage their business through sophisticated capabilities such as multi-account aggregation and robust performance, net worth and exposure reporting.

“It is crucial that family offices have access to the reporting tools and information they need to increase efficiencies and further the families’ primary goals,” said Edward J. Orazem, president, Fidelity Family Office Services.

“Every family office is different, with varying levels of sophisticated reporting and investment needs,” continued Orazem.  “As a result, we’re building an alliance program of leading service providers, such as Archway, with the goal of delivering a wide array of solutions for family offices.”

“Family office executives are often constrained in their ability to make the right choices and mitigate risk for the family due to the complexity and implementation cost of those decisions,” said Jason Brown, chief executive officer of Archway Technology Partners.  “Whether the complexities arise from outdated infrastructure, support for new generations and tax efficiency, layers of ‘nested ownership,’ or complex investments, Fidelity and Archway can offer compelling solutions that minimize the ongoing burden at a lower cost and allow for the right decisions to be made.”

About Archway Technology Partners
Archway Technology Partners is a global software company supporting the operations of financial management companies such as Hedge Funds, Funds of Funds, Family Offices, Multi-Family Offices, Fund Administrators and Investment Advisors. 

Archway’s flagship platform, ATWeb, is deployed to the firm’s clients as either the Enterprise Edition or the Portfolio Edition.  The ATWeb Enterprise Edition is the industry’s leading enterprise-class software application that seamlessly integrates corporate and partnership accounting with financial management, portfolio management and reporting tools that cover both public and private asset classes.  The ATWeb Portfolio Edition offers robust portfolio management and reporting tools coupled with an advanced asset-based fee engine tailored to investment advisors.  For more information about Archway Technology Partners, visit

About Fidelity Family Office Services
Fidelity Family Office Services was established in 2004 to serve the sophisticated needs of family offices.  The firm provides custody, brokerage and investment services in addition to reporting and administrative capabilities.  As a dedicated business unit, Fidelity Family Office Services provides objective guidance and access to investment products as well as a seasoned service team to support the needs of family office executives.  As of Sept. 30, 2010, the company provided services to more than 120 family office clients across the U.S., with more than $20 billion of assets in custody with Fidelity.  For more information about Fidelity Family Office Services, visit

About Fidelity Investments®
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of over $3.3 trillion, including managed assets of over $1.5 trillion, as of Oct. 31, 2010.  Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms.  For more information about Fidelity Investments, visit

Fidelity, Fidelity Investments, and Fidelity Investments and the Pyramid Design logo are registered service marks of FMR LLC.

ATWeb is a registered trademark of Archway Technology Partners. Archway Technology Partners is an independent third party vendor and is not affiliated with Fidelity. Listing them does not suggest a recommendation or endorsement by Fidelity.

Fidelity Family Office Services is a division of Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917.


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