Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of nearly $3.2 trillion, including managed assets of more than $1.4 trillion, as of August 31, 2010. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. In 2008, National Financial, a division of Fidelity Investments of Boston, approached Tactico to build a start-up clearing firm in Canada. Tactico registered the firm in one month and had it clearing trades in three months. The first customer was signed and converted in eight months.