Despite the economic uncertainty caused by the pandemic—or possibly because of it—US retirement account balances rose to record levels during the fourth quarter of 2020, as reported by Fidelity Investments. The firm said individual contributions to individual retirement accounts (IRA), as well as 401(k) and 403(b) retirement accounts remained strong during the last three months of the year.
President Donald Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds.
Trust services have become a key driver of retention, asset growth, and client satisfaction—especially in the high-net-worth planning segment of advisory practices. Fiduciary Trust of New England offers a scalable, advisor-first model built on legal expertise, operational flexibility, and deep alignment with the evolving demands of modern wealth management.