Fidelity Vet Joins BofA Merrill

Fidelity FundsNetwork senior vice president, Paul Riley, has stepped down from his role.

Fidelity FundsNetwork senior vice president, Paul Riley, has stepped down from his role, MutualFundWire reports. Fidelity FundsNetwork, the mutual fund supermarket of Fidelity, is seeking to appoint a replacement. Riley has joined Merrill Edge, the online brokerage that BofA Merrill Lynch launched in 2010, as managing director of product and strategy. Riley joined Fidelity in 1996 as a product manager in the Retail FundsNetwork unit.

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