Fidelity Investments: Community Impact And Initiatives

Fidelity Investments is committed to strengthening communities and expanding access to financial education. The company has a long history of working with underserved communities and focuses on creating transformational change rather than transactional relationships. Fidelity offers free financial wellness programs with nonprofit partners, leveraging its associates' skills to address nonprofits' needs and funding nonprofit organizations that support underserved Communities of Color. They also partner with organizations that work towards shared corporate and community goals, such as Citizen Schools, to enhance the educational experience for students. In addition, Fidelity's Invest in My Education initiative provides access to education and ongoing support for underserved high school and college students. The company's commitment to diversity and inclusion is key to driving its business forward, creating opportunities for the communities it serves.

Fidelity provides financial planning, advice, and educational resources to help investors make their goals a reality

Fidelity's commitment to financial education is evident through its Invest in My Education (ME) initiative, which provides access to educational resources and scholarships for underserved students. Additionally, Fidelity offers financial literacy programs and grants to local nonprofits to promote financial inclusion in the communities it serves.

Fidelity's financial planning and advice services are designed to help investors at various stages of their financial journeys. The company provides retirement planning services, tax-smart investing strategies, and managed accounts through Fidelity Go and Fidelity Wealth Services. Fidelity also offers straightforward pricing with no account fees, no minimums to open a retail brokerage account, and commission-free trades.

The company's educational resources cater to investors of all levels, from beginners to active traders. Fidelity's website and mobile app provide easy access to these resources, which include articles, videos, webinars, and a customizable newsfeed. The company also has a network of over 200 branches for in-person advice and educational offerings.

Fidelity's financial planning, advice, and educational resources empower investors to make informed decisions and work towards achieving their financial goals. By offering a range of investment options, tools, and support, Fidelity helps investors build their knowledge and confidence in the complex world of investing.

The company offers straightforward pricing with no account fees, no minimums to open a retail brokerage account, and commission-free trades

Fidelity's pricing is designed to be straightforward and transparent, with no hidden fees. This means that anyone can open a retail brokerage account with Fidelity, as there are no account fees and no minimum amounts required to open one. This includes IRAs. Trading fees are also kept low, with $0 per stock or options trade, plus $0.65 per contract on options, and $0 per trade for ETFs.

Fidelity also offers commission-free trades on US stocks, ETFs, and options, with no minimum investment requirements on their Fidelity Zero index funds. These funds are the first of their kind, with no expense ratio, meaning investors can build a diverse retirement portfolio with no additional costs.

Fidelity's pricing structure is designed to be accessible to all investors, from beginners to advanced traders, with the added benefit of a wide range of research tools and an easy-to-use platform.

Fidelity works closely with employers to create dynamic, integrated benefit programs for their employees, including retirement savings, health and welfare, and student loan repayment programs

Fidelity works closely with employers to create comprehensive benefit programs for their employees. These programs are designed to be dynamic and integrated, catering to the diverse needs of the workforce. At the center of these programs is retirement planning, with Fidelity offering 401(k) plans with company matching contributions. This is complemented by catch-up retirement contributions for employees aged 50 and above. Recognizing the burden of student loan debt, Fidelity also provides student loan assistance, including a lifetime maximum contribution of $7,500 for associates working between 20 and 29 hours.

Fidelity's benefit programs prioritize the health and welfare of employees. They offer medical coverage with a Preferred Provider Organization (PPO) option, dental and vision coverage, and prescription drug coverage. Additionally, new parents are supported with 16 weeks of maternity leave and 12 weeks of parental leave. The company also understands the importance of work-life balance and provides a minimum of four weeks of paid time off, along with a hybrid work schedule that blends onsite and offsite work experiences.

Fidelity's benefit programs extend beyond traditional health and welfare offerings. They provide on-the-job training and educational assistance, empowering employees to develop new skills and advance their careers. For those with families, backup child or dependent care arrangements are available. The company also offers personal assistance through concierge services, ensuring that employees can tend to their personal matters with ease.

Fidelity's commitment to its employees is evident in the comprehensive nature of its benefit programs. By addressing financial well-being, health, and personal development, the company demonstrates its dedication to the total well-being of its workforce. These benefit programs are tailored to meet the unique needs of each employee, fostering a supportive and inclusive work environment.

The company is dedicated to improving the customer experience for individuals with disabilities and users of assistive technologies

Fidelity Investments is dedicated to improving the customer experience for individuals with disabilities and users of assistive technologies. This commitment is reflected in several ways. Firstly, they enhance their websites, digital communications, and content to be more accessible and user-friendly for individuals with disabilities. This includes live customer interactions over the phone or through face-to-face meetings, ensuring that all their clients can receive the support they need.

Additionally, they have made improvements to their physical locations to accommodate individuals with disabilities. This includes their investor centers, which are designed to be accessible and inclusive for all clients.

Fidelity also prioritizes supplier diversity and proactively procures goods and services from businesses that reflect and value the diversity of their customers. This includes sourcing from women-owned, minority-owned, LGBTQ+-owned, veteran-owned, and disabled-owned businesses as an integral part of their procurement process.

Fidelity's dedication to improving the customer experience for individuals with disabilities and users of assistive technologies is just one aspect of their broader commitment to diversity and inclusion. They recognize that a diverse workforce and inclusive culture are key to driving their business forward and meeting the needs of their growing customer base.

Fidelity partners with organizations that do good work locally and nationally, supporting shared corporate and community goals

Fidelity Investments is committed to supporting shared corporate and community goals through its partnerships with organizations that positively impact their local and national communities. The company's dedication to community engagement is evident in its initiatives to enhance the educational experience for students, promote financial literacy, and drive financial inclusion.

One notable example of Fidelity's community engagement is its partnership with Citizen Schools to enrich the educational experience for students at Lowes Grove Middle School in Durham, North Carolina. Additionally, through employee volunteerism, Fidelity shares its expertise and resources to deliver financial literacy educational programming and activities. The company also provides grants to local nonprofits that drive financial inclusion, reflecting its commitment to empowering individuals to shape their financial futures and improve their lives.

Fidelity's Invest in My Education (ME) initiative further underscores its dedication to community engagement. This program provides access to education and ongoing support for underserved high school and college students, combining student scholarships with resources to complete degree programs and pathways to post-graduation employment.

Fidelity also prioritizes diversity and inclusion, recognizing that a diverse workforce and inclusive culture are key to driving its business forward. The company listens to its associates and builds its workplace around their needs, offering dynamic career opportunities and comprehensive benefits designed to support their total well-being.

Moreover, Fidelity is committed to improving the customer experience for individuals with disabilities and users of assistive technologies. This includes enhancing websites, digital communications, content, and live customer interactions to ensure equal access and a positive experience for all.

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