Fidelity Investments: A Financial Giant's Overview And Reach

Fidelity Investments is one of the largest mutual fund companies in the US, with $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024. The company was founded in 1946 and is still managed by the Johnson family, who own 49% of the company. The remaining 51% is owned by employees and ex-employees. Headquartered in Boston, Massachusetts, Fidelity Investments serves over 40 million individuals, providing financial products and services. The company has expanded its global presence to 11 countries across North America, Europe, Asia, and Australia, with over 76,000 associates.

Fidelity Investments is one of the largest mutual fund companies in the US

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts. Established in 1946, the company is one of the largest mutual fund companies in the US. With $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024, Fidelity is one of the largest asset managers in the world.

Fidelity offers a wide range of financial products and services to over 40 million individuals, including mutual funds, brokerage services, retirement services, and investment advice. The company has a global presence spanning 11 countries across North America, Europe, Asia, and Australia, with its largest operations located in the US, in Merrimack, New Hampshire; Smithfield, Rhode Island; Westlake, Texas; and other sites.

Fidelity's mutual fund offerings cover all asset classes, from domestic equity to specialized sectors, providing investors with a diverse range of options to achieve their strategic investment goals. The company's extensive resources, including a global network of nearly 400 research professionals, allow its fund managers to identify investment opportunities that others may miss.

In addition to its mutual fund business, Fidelity also operates a major brokerage firm and provides a range of financial planning and advisory services to both individual and institutional investors. The company is committed to innovation, harnessing new technologies to enhance the customer experience and deliver value to its clients.

Fidelity's size and scale, combined with its diverse businesses and independence, give it insight into the entire market and the ability to act for the long term, always keeping the financial well-being of its customers and clients at the forefront.

The company has $5.8 trillion in assets under management

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It is one of the largest asset managers in the world, with $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024.

Fidelity's size and scale are impressive, and the company has a long history dating back to its founding in 1946. The company has grown and evolved over the years, and today it offers a wide range of financial products and services to its customers.

With its significant assets under management, Fidelity operates a brokerage firm, manages mutual funds, provides investment advice and retirement services, and offers a range of other financial solutions. The company has a large presence, with investor centres in over 140 locations across the United States and a global reach spanning 11 countries.

Fidelity's assets under management have seen substantial growth, climbing 26% in 2019 to a record $3.2 trillion. This growth has contributed to increased revenue and operating income for the company.

The company's size and scale enable it to provide a diverse range of investment options and financial services to its clients. The $5.8 trillion in assets under management highlights the extent of Fidelity's reach and the trust that clients have placed in the company to manage their investments.

Fidelity's assets under management encompass a broad array of investment vehicles, including mutual funds, exchange-traded funds (ETFs), bonds, and other financial products. The company's large asset pool allows it to offer diverse investment strategies and provide comprehensive financial solutions to its clients.

In summary, Fidelity Investments is a significant player in the financial services industry, and its $5.8 trillion in assets under management underscore its prominence and ability to serve the needs of its clients on a global scale.

It is headquartered in Boston, Massachusetts

Boston, Massachusetts, has been the headquarters of Fidelity Investments since the company was founded in 1946. The company's first street-level walk-in investor centre opened in Boston in 1983, and in 2012, it moved its Boston headquarters to 245 Summer Street.

Headquartered in Boston, Fidelity serves its customers through 216 Investor Centres in the U.S. and 14 regional sites across the globe, including India and Ireland. The company's largest U.S. operations outside of Boston are located in Merrimack, New Hampshire; Smithfield, Rhode Island; Westlake, Texas; and several other cities.

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It is one of the largest mutual fund companies in the U.S. and one of the largest asset managers in the world, with $5.8 trillion in assets under management and $15.0 trillion in assets under administration as of September 2024.

Fidelity Investments was founded in 1946

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It was founded in 1946 by Edward C. Johnson II, whose family still owns 49% of the company. The remaining 51% is owned by employees and ex-employees. Headquartered in Boston, Massachusetts, Fidelity Investments is one of the largest asset managers in the world, with $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024.

The company's history dates back to May 1, 1930, when the "Fidelity Fund" was incorporated in Massachusetts. During the Great Depression, it was the only fund approved by John C. Hull, the Securities Director for Massachusetts, due to widespread bank failures. In 1946, the corporate structure changed, and the company became known as Fidelity Management & Research (FMR).

Over the years, Fidelity Investments has expanded its operations and services. In 1969, the company formed Fidelity International Limited (FIL) to serve non-U.S. markets, and in 1980, it was spun off into an independent entity owned by its employees. In 1982, FMR began offering 401(k) products, and in 1984, it introduced computerized stock trading. The company has continued to innovate and adapt to the changing financial industry, offering a wide range of financial products and services to its customers.

Fidelity Investments operates a major brokerage firm and has investor centers in over 140 locations across the United States. It provides a variety of services, including fund distribution, investment advice, retirement services, index funds, wealth management, securities execution, and life insurance. The company has a global presence spanning 11 countries and serves millions of individuals and businesses with their financial needs.

In 2015, the company appointed Abigail Johnson as CEO, succeeding her father, Edward Johnson III, who had been CEO since 1977. Abigail Johnson is the third generation of the Johnson family to lead the privately-owned company.

The company offers financial products and services to over 40 million individuals

Fidelity Investments, founded in 1946, is one of the largest mutual fund companies in the US. Headquartered in Boston, Massachusetts, the firm offers financial products and services to over 40 million individuals.

The company's services include financial planning, advice, and educational resources to help investors, especially young and first-time investors, achieve their financial goals. Fidelity provides these services with no account fees, no minimums to open a retail brokerage account, and commission-free trades.

Fidelity also works with employers to create dynamic, integrated benefit programs for their employees, including retirement savings, health and welfare, stock plan services, emergency savings, charitable giving, and student loan repayment programs.

The company has a diverse range of businesses and independence, allowing it to gain insights into the entire market and provide innovative investment and technology solutions to its customers. With a global presence spanning 11 countries across North America, Europe, Asia, and Australia, Fidelity is well-equipped to serve its customers' evolving financial needs.

In addition, Fidelity offers a wide range of investment options, such as stocks, bonds, mutual funds, exchange-traded funds (ETFs), and fee-free mutual funds. The company also provides fractional share investing, allowing investors to diversify their portfolios and invest in US stocks and ETFs without purchasing a whole share.

Fidelity's commitment to its customers is evident through its customer protection guarantee, reimbursing customers for unauthorized activity in their accounts, and its focus on security, utilizing encryption software, intrusion protection systems, and advanced anti-malware technologies.

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