Jersey City, NJ Office

Team
Updated today
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Fidelity

Institution

Firm-wide stats for Fidelity

Total advisors

17,063

Across 1,878 offices

Clients per advisor

140 Very High

Avg AUM per client

$234,793 Very Low

HNW client ratio

31% High

About

Strategic Advisers LLC, a Fidelity Investments company, provides investment management and advisory services to a wide range of clients, including retail and institutional investors, an IRS‑qualified Charitable Gift Fund, and registered investment companies. Its services include discretionary portfolio management, non‑discretionary advisory work, fund advisory (including multi‑manager and fund‑of‑funds structures), management and consulting, and delivery of model portfolios to intermediary platforms.

The firm’s investment process blends proprietary fundamental research with quantitative analysis and algorithmic portfolio construction; model portfolios are constructed from an investable universe of mutual funds, ETFs, and ETPs using systematic methodologies and long‑term asset allocation benchmarks. Strategic Advisers may delegate day‑to‑day management to affiliated or unaffiliated sub‑advisers, applies oversight controls, and evaluates share classes and allocations with the stated aim of addressing related conflicts of interest.

Distinctive features noted in the brochure include Strategic Advisers’ registration with the CFTC as a commodity pool operator and membership in the NFA, and its formal advisory role to multiple registered investment companies and fund‑of‑funds—activities that are less common among large institutional peers. The brochure also highlights its role in constructing and delivering model portfolios for Fidelity Institutional Wealth Adviser, its documented use of algorithmic methods and AI/LLMs in research, and established proxy‑voting and governance procedures for the funds it advises.

Based on Fidelity

Expertise

Charitable giving & philanthropy Active portfolio management

Based on Fidelity

Location

Jersey City NJ

Advisors at this office

4

Advisors at this office

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Robert W

Series 63, Series 66

Jersey City, NJ

Fidelity

Robert Wilson is a financial advisor with Fidelity, holding Series 63 and Series 66 licenses and one year of industry experience. His prior firms include LPL Enterprise LLC, Northwestern Mutual, and Equitable Advisors. He is affiliated with Strategic Advisers LLC, a Fidelity Investments company that offers investment management and advisory services to a diverse client base, including retail and institutional investors. The firm employs a systematic investment process combining fundamental research, quantitative analysis, and algorithmic portfolio construction.

Charitable giving & philanthropy Active portfolio management
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Nicholas P

Series 66

Jersey City, NJ

Fidelity

Nicholas Parchinski is a financial advisor at Fidelity with a Series 66 designation and three years of industry experience. His work history includes roles at National Asset Management, Inc., National Securities Corporation, and Bespoke Wealth Management. Fidelity’s Strategic Advisers LLC provides investment management and advisory services to a diverse client base including retail and institutional investors, utilizing a combination of fundamental research, quantitative analysis, and algorithmic portfolio construction. The firm is noted for its advisory role to registered investment companies, use of algorithmic methods and AI in research, and development of model portfolios for Fidelity Institutional Wealth Adviser.

Charitable giving & philanthropy Active portfolio management
user avatar

Kyle S

Series 63, Series 66

Jersey City, NJ

Fidelity

Kyle Schwarz is a financial advisor at Fidelity with Series 63 and Series 66 credentials and two years of industry experience. His prior roles include positions at Charles Schwab, Wells Fargo Bank, Uber, and Marriott. Fidelity’s Strategic Advisers LLC provides investment management and advisory services to retail and institutional clients, including fund advisory and model portfolio delivery. The firm combines fundamental research with quantitative analysis and algorithmic portfolio construction, serving multiple registered investment companies and offering distinctive services such as commodity pool operator registration and use of AI in research.

Charitable giving & philanthropy Active portfolio management

Derek P

Series 63, Series 66

Jersey City, NJ

Fidelity

Derek Pinedo is a Planning Consultant at Fidelity, where he collaborates with clients and their families to develop and implement tailored financial plans. He leverages Fidelity's resources and a holistic planning approach to assist clients in achieving their financial objectives and gaining confidence in their financial future. Derek has professional experience as a Planning Consultant at Fidelity since 2024 and previously served as a Financial Consultant at Fidelity from 2022 to 2024. Prior to that, he worked as a Financial Advisor at Northwestern Mutual from 2016 to 2022. Outside of his professional role, Derek's personal interests include spending time at the beach, fitness activities, football, social events with friends, and traveling.

General retirement planning Income planning Wealth management Cash flow / budgeting
View complete list of advisors at this office
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