Fidelity Investments: Are They Right For Your Smb?

Fidelity Investments is a multinational financial services corporation based in Boston, Massachusetts. It is one of the largest asset managers in the world, with $5.4 trillion in assets under management and $14.1 trillion in assets under administration. The company operates a major brokerage firm and offers a wide range of investment options, including stocks, bonds, mutual funds, ETFs, and more. With over 45 million brokerage accounts and a strong reputation for its mutual funds, Fidelity is a popular choice for investors. The company also provides retirement services, such as 401(k) plans and IRAs, making it a comprehensive solution for individuals and businesses looking to manage their finances and plan for the future.

No fees or minimums to open an account

Fidelity is a well-rounded brokerage with a range of investment options, including stocks, bonds, ETFs, options, and mutual funds. One of the key advantages of Fidelity is that there are no fees or minimums to open an account. This means that anyone can start investing with Fidelity without having to worry about account fees or minimum balance requirements.

For example, with a Fidelity brokerage account, you can invest in stocks, bonds, ETFs, options, and mutual funds with no account fees or minimums. This makes it easy for anyone to get started with trading and investing.

Fidelity also offers a variety of retirement accounts, such as Roth IRAs and Traditional IRAs, which also have no account fees or minimums to open. This makes it convenient for individuals to start saving for retirement, regardless of their financial situation.

In addition, Fidelity provides investment-only retirement accounts for small businesses, which can be opened with no fees or minimums. These accounts are designed for small businesses that want to expand their investment options and include offerings from Fidelity.

Overall, the absence of account fees and minimums makes Fidelity an attractive option for individuals and small businesses looking to start investing without any initial costs or barriers.

$0 trading commissions

Fidelity Investments offers $0 trading commissions for online US stock, ETF, and option trades. This means that investors can buy and sell these securities without paying a fee to Fidelity. This is a significant benefit for investors, as it reduces the cost of investing and can lead to higher returns.

In addition to $0 trading commissions, Fidelity also offers a range of other features that make it a popular choice for investors. These include:

• No account fees or minimums to open an account
• A broad range of investment options, including stocks, bonds, mutual funds, ETFs, and more
• Powerful research tools and educational resources
• Low margin rates
• High interest rates on uninvested cash

Overall, Fidelity's $0 trading commissions and other features make it a compelling choice for investors, whether they are just starting out or have been investing for years.

Wide range of investment options

Fidelity offers a wide range of investment options to its customers. These include:

• Stocks by the Slice, which allows investors to trade shares of publicly traded companies in both domestic and international markets.
• Exchange-traded funds (ETFs), which are actively and passively managed funds that can be bought and sold throughout the market day.
• Mutual funds, which can be chosen from Fidelity and other firms to fit a variety of investing interests.
• Precious metals, including gold, silver, platinum, and palladium, which can help diversify an investment portfolio.
• Cryptocurrencies, including Bitcoin and Ethereum, which can be bought and sold starting with as little as $1.
• Margin loans, which can provide extra money to buy more securities.
• Fidelity® Basket Portfolios, which allow investors to easily build and manage a basket of stocks and ETFs as one investment.
• Fidelity's Fixed Income Dashboard, which provides visual insights into cash flow and bond and CD holdings.
• Fidelity's Fixed Income Solutions, which include money market funds and annuities designed to serve different investment needs.
• Fidelity's Wealth Management offering, which provides access to a dedicated advisor, planning for an investor's full financial picture, and professional investment management.
• Fidelity's Virtual Assistant, which uses machine learning to surface educational materials that match the customer's investing behavior.

Strong customer service

Fidelity Investments has a strong reputation for its customer service. The company offers 24/7 customer support through its Virtual Assistant, which is designed to help users with their requests at any time. It also provides a live chat function with its team, available during working hours from Monday to Friday, and 24/7 phone support. Fidelity's customer service team can be contacted via social media, including Reddit, Facebook, Twitter, Instagram, and Discord. The company also has a network of over 200 branches for in-person advice and educational options.

Fidelity's customer service is known for its educational resources and research options, catering to both beginner retirement investors and active stock traders. The company's Online Learning Center uses machine learning to surface educational materials that match the customer's investing behavior. Additionally, Fidelity's customer support provides specialized support for various accounts, including workplace accounts, employer stock plans, and college planning.

Fidelity also offers a dedicated advisor service, where customers can meet with an advisor to help build a flexible plan to meet their needs. The company's customer service extends to its Crypto Help Desk, where users can get answers to their questions, find resources, and learn about crypto trading.

Overall, Fidelity's strong customer service reputation is underscored by its accessibility, educational resources, and personalized support options.

Educational resources for investors

Fidelity's educational resources and research options are among the best available from the brokers reviewed. These resources are designed for both beginning retirement investors and active stock traders.

For example, Fidelity's Learn platform offers articles, webinars, and more to help investors of all levels. There are seven steps to retiring early, tips for choosing between a Roth or traditional 401(k) or IRA, and a beginner's guide to investing.

Fidelity also offers insights into the markets through articles, webcasts, and podcasts. These include portfolio intelligence, fund switch validators, and Fidelity ClearPlan® Custom Fund Portfolios.

For those looking to improve their investing knowledge, Fidelity provides resources on topics such as analyzing your portfolio, tax-smart investing, and managing volatility and risk.

In addition, Fidelity's Investment-Only Plans for Small Businesses can help self-employed individuals or small-business owners who want to expand their investment options.

Fidelity's resources also cover digital assets, cryptocurrencies, and bitcoin. These resources can help investors and advisors understand the potential benefits and risks of including bitcoin in investment portfolios.

Frequently asked questions