As you know from your monthly and tax statements, our firm uses Fidelity Investments as the custodian of your assets. Recently, Fidelity implemented an SEC policy wherein a “trusted contact” is listed alongside the account owner. You may have recently received an email that looks like this.
http://www.whiteoakfinancialmanagement.com/….
The purpose of this policy is to provide Fidelity with a name of someone you authorize Fidelity to contact if they are unable to get in touch with you or if they detect signs of potential diminished capacity, financial exploitation, abuse or endangerment.
We are happy to help you list someone if you would like, although this additional information is not required. Most clients rarely, if ever, interact with Fidelity directly and we feel confident that we know each of your situations well enough to know how to get in touch with you or others should the need arise.
If you have questions or would like our assistance in listing someone on the account, please let me know
