MutualFundWire.com: 12. Paul Riley

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Wednesday, November 25, 2009

12. Paul Riley

Paul Riley
Senior Vice President, Fidelity FundsNetwork

Paul Riley runs Fidelity's mutual fund supermarket, whose aisles are stocked with more than 16,000 funds. Launched in 1993, a year after Schwab debuted its OneSource platform, Fidelity FundsNetwork offers more than 4,500 no-transaction-fee funds to advisors and more than 1,500 NTF funds to retail investors. At the end of the second quarter, the program had more than $610 billion in third-party mutual fund assets.

Riley has been in his current role since April 2004. Prior to that, he spent three years as vice president of marketing for Insurance.com, a Fidelity Capital Company.

He started his career with Fidelity in 1996 as a product manager in the Retail FundsNetwork unit, rising to become vice president for the division in 1998.

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