2020 AdvisorHub Industry in Transition Speaker: David Canter
Executive Vice President, Head of RIA and Family Office Segments Fidelity Investments
David Canter is executive vice president and head of the RIA and family office Segments at Fidelity Institutional (FI), the Fidelity Investments business that offers financial professionals and institutions access to the investment, technology, and platform solutions they need to service their clients and grow their businesses. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.
In this role, Mr. Canter oversees a team that provides a comprehensive custody platform, brokerage services, trading capabilities, and practice management and consulting services to registered investment advisors, (including strategic acquirers and multi-family offices), single family offices, and wealthy families.
Prior to assuming his current role, Mr. Canter served as executive vice president of Practice Management and Consulting for Fidelity Clearing & Custody Solutions. In this capacity, he was responsible for leading the development of a comprehensive Practice Management program structured around helping advisors accelerate growth, streamline their operations, and manage risk. Prior to that, Mr. Canter served as executive vice president and chief operating officer for Fidelity Institutional Wealth Services (IWS), where he was responsible for the oversight, efficiency, and effectiveness of client-related operational processes. He was also the business lead, coordinating legal, risk, and compliance activities.
Prior to joining Fidelity in 2009, Mr. Canter managed certain operational functions and vendor relationships and served as chief legal and compliance officer for Post Advisory Group, an institutional investment advisor in the high-yield realm. Mr. Canter also held various management positions at Charles Schwab & Co., within the firm’s RIA business, including a corporate counsel role; vice president, Schwab Institutional Trading & Operations (SITO); and head counsel to the Schwab Institutional business. Previously, he held positions with the QuellosGroup, an investment adviser focused on the fund-of-funds business, and the New York Stock Exchange Division of Enforcement.
Mr. Canter received his bachelor of arts degree in political science from the University of Wisconsin and his juris doctorate from the University of Baltimore School of Law. He also holds the Financial Industry Regulatory Authority (FINRA) Series 24 license and is a member of the State Bar of California.