Fidelity Investments has long been a powerhouse in the business of selling mutual funds directly to investors.

But when it comes to selling through banks, brokers, and other go- betweens who give advice in exchange for sales commissions, the world's biggest and best-known fund company has been an also-ran.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.