Fidelity Investments is testing a new platform designed to provide ultra high-net worth families a comprehensive view of all of their assets, reports the Wall Street Journal.

The tool, developed by Fidelity's Family Office Services Group, allows families with at least $75 million or more in assets to keep tabs on all of their assets, as well as set different permission levels for each family member.

Fidelity is testing the tool with several wealth management firms and private banks, according to the Wall Street Journal. The system has a slated launch of late 2006.  

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