David E. Canter
David Canter is executive vice president of Practice Management and Consulting
for Fidelity Clearing & Custody Solutions, a unit of Fidelity Institutional. His
team provides practice management and consulting services to registered
investment advisors, including strategic acquirers and professional asset
managers, broker-dealers, and retirement recordkeepers. Fidelity Investments is
a diversified financial services firm that makes financial expertise broadly
accessible to people investing their life savings, businesses managing their
employee benefits and advisors investing their clients’ money. Since 1946,
Fidelity has been helping people live the lives they want through its customercentered
approach, innovative technology and investment solutions.
Mr. Canter assumed his current position in August 2010 and is responsible for
leading the development of a comprehensive Practice Management program
structured around helping advisors accelerate growth, streamline their
operations and manage risk.
Previously with Fidelity, Mr. Canter served as executive vice president and chief
operating officer for IWS beginning in September 2009. In this role, he was
responsible for the oversight, efficiency and effectiveness of client-related
operational processes. He was also the business lead coordinating legal, risk and
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 highyield
realm. During an eight year tenure with Charles Schwab & Co. beginning
in 2000, Mr. Canter held various management positions of increasing
responsibility 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 Quellos Group, 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 in 1990 and his juris doctorate from the University of
Baltimore School of Law in 1993. He currently holds his FINRA Series 24 license
and is a member of the State Bar of California.