Fidelity Institutional

The company behind the scenes of every trade and statement is Fidelity InstitutionalSM (FI), a Fidelity Investments company.  FI provides clearing, custody, and other brokerage services to Commonwealth Financial Network® through its clearing broker dealer firm National Financial Services LLC (NFS).  NFS has a long and stable history of customer service excellence with the strength and reputation associated with Fidelity Investments.

At the direction of Commonwealth, NFS is responsible for:

  • The execution, clearance, and settlement of securities transactions.
  • Preparing and sending transaction confirmations and periodic statements of your account.
  • The custody (or safekeeping), receipt, and delivery of funds and securities.
  • The extension of margin credit upon approval.

As registered broker/dealers, both Commonwealth and NFS are subject to the rules and regulations of the SEC and FINRA, regarding the safeguarding of customer assets.  This includes but is not limited to: keeping accurate books and records, net capital requirements, and the Customer Protection Rule.

As a privately held business, Fidelity mirrors Commonwealth and Lakeshore’s spirit of independence. They too are free from the distractions and mandates of a publicly held firm, so they can focus on providing quality services. Fidelity has the vision and resources to provide you with innovative services for years to come.

NFS processes tens of thousands of transactions for millions of investors like you every day.  We have the utmost confidence in the proficiency with which NFS handles every trade, statement, report, and myriad other transactions.  Knowing that every investor’s account is serviced with the commitment and resources of an industry leader allows Lakeshore Financial to focus on what we do best: providing the personalized guidance and comprehensive investment services you need to pursue your goals.


*Fidelity InstitutionalSM and National Financial Services LLC (together "Fidelity") is an independent company, unaffiliated with Lakeshore Financial Group ("Lakeshore") or Commonwealth Financial Network®("Commonwealth"). Fidelity is a service provider to Commonwealth. There is no form of legal partnership, agency affiliation, or similar relationship between your financial advisor and Fidelity, nor is such a relationship created or implied by the information herein. Fidelity has not been involved with the preparation of the content supplied by Lakeshore and does not guarantee, or assume any responsibility for, its content. Fidelity Investments is a registered trademark of FMR LLC. Fidelity InstitutionalSM provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC.  925772.1.0