Fidelity Information: Any Relation To Fidelity Investments?

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It was founded in 1946 and 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 offers a wide range of financial products and services, including brokerage, mutual funds, investment advice, retirement services, index funds, wealth management, securities execution, and life insurance. With a focus on innovation and customer-centric solutions, Fidelity has established itself as a leading player in the financial industry.

Fidelity's brokerage services

The Fidelity Account® is a full-featured, low-cost brokerage account that offers a wide range of investment choices with $0 commission for online US stock, ETF, and option trades. It provides access to stocks, ETFs, options, mutual funds, bonds and CDs, precious metals, and more. The account also includes powerful trading platforms, mobile applications, and advanced tools for active traders.

With a presence in over 140 locations across the US and a global reach spanning 11 countries, Fidelity's brokerage services are accessible and reliable for investors worldwide.

Fidelity's investment advice

Fidelity provides a range of investment advice services to its customers. The company offers investment advisory services, including access to a team of advisors, dedicated advisors with supporting teams, digital investing with coaching, and professionally managed stock portfolios.

Fidelity Wealth Management is a service that provides clients with access to an advisor who can assist with planning, investing, and making important financial decisions. This service is available to those with $500,000 invested in eligible Fidelity accounts. The advisor will work closely with the client to understand their financial goals and provide proactive investment and planning advice.

Fidelity also offers digital investing options, such as the Fidelity Go app, which provides investors with a trusted team to manage their money through a simple and efficient digital experience. The company's website features a Learning Center with videos, articles, and professional insights for investors of all experience levels.

In addition to investment advice, Fidelity also provides financial planning and educational resources to help investors, including young and first-time investors, achieve their financial goals. The company has a global presence with investor centers in over 140 locations across North America, Europe, Asia, and Australia.

Fidelity's retirement services

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 asset managers in the world, with trillions of dollars in assets under management and administration.

Fidelity offers a wide range of financial services, including brokerage, mutual funds, fund distribution, investment advice, retirement services, index funds, wealth management, securities execution, asset custody, and life insurance.

One of the key features of Fidelity's retirement services is the ability to consolidate former 401(k) and workplace retirement accounts into a single account without incurring any taxes or penalties. This allows individuals to simplify their retirement savings and have a clearer picture of their financial situation.

Fidelity also provides retirement planning resources and educational content to help individuals make informed decisions about their retirement. They offer guidance on various retirement-related topics, such as managing retirement planning, cash management, and investment options like stocks, ETFs, mutual funds, and Roth IRAs.

In addition, Fidelity works closely with employers to create dynamic and integrated benefit programs for their employees, which often include retirement savings plans. The company's retirement services are not just limited to individuals but also extend to businesses, helping them support their employees' financial well-being.

Furthermore, Fidelity continues to innovate and develop new products to meet the evolving financial needs of its customers. For instance, in 2018, they introduced a new line of zero-expense-ratio mutual funds for individual investors, providing market exposure to more than two-thirds of industry index assets.

In summary, Fidelity's retirement services encompass a comprehensive set of tools, resources, and investment options to help individuals plan and manage their retirement effectively. The company's dedication to innovation and customer-centricity ensures that they remain at the forefront of the industry, providing value to those saving for their future.

Fidelity's asset custody services

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts. The company is one of the largest asset managers in the world, with trillions of dollars in assets under management and administration.

Fidelity offers a wide range of financial services, including asset custody services. Here is an overview of Fidelity's asset custody services:

Overview of Fidelity's Asset Custody Services

• Security and Protection: Fidelity prioritizes the security and protection of client assets. They employ robust physical, cyber, and security controls to safeguard assets and mitigate risks. This includes cold storage solutions with 24/7 on-site security, hardened room structures, and multi-person and multi-organization access controls.
• Dedicated Client Service: Fidelity assigns a dedicated service representative to each client. The support team is available 24/7 to address any queries or concerns.
• Digital Asset Custody: Fidelity has recognized the growing demand for digital asset management and has developed Fidelity Digital Assets® to cater to this need. This platform offers custody and trading services for digital assets, including bitcoin, ether, and Litecoin.
• Institutional Focus: Fidelity's asset custody services are tailored for institutional investors, such as hedge funds, pensions, endowments, and corporations. Their platform maximizes security and capital efficiency, helping institutions navigate the complex world of digital assets.
• Integrated Solutions: Fidelity's custody services are integrated with their trading platform, providing a seamless experience for clients. This integration allows for efficient access to liquidity without compromising the security of assets.
• Multi-Tiered Approval Structure: Fidelity implements a dynamic entitlement structure and multi-step authentication process for transactions. This mitigates the risk of fraud and enhances the protection of client assets.
• Global Presence: With a presence in 11 countries across North America, Europe, Asia, and Australia, Fidelity offers asset custody services on a global scale. This allows for diverse investment opportunities and comprehensive support for international clients.
• Regulatory Compliance: Fidelity adheres to regulatory requirements and has obtained necessary licenses to operate in the digital asset space. For example, Fidelity Digital Asset Services, LLC was granted a trust charter by the New York Department of Financial Services in 2019.
• Operational Excellence: Fidelity is committed to operational excellence and continuously enhances its platform. They explore new features, such as additional asset coverage, to stay at the forefront of the industry and meet the evolving needs of their clients.

In summary, Fidelity's asset custody services offer a secure, compliant, and client-centric approach to safeguarding client assets. With a focus on security, dedicated client support, and digital asset management, Fidelity's custody services are well-equipped to serve the needs of institutional investors globally.

Fidelity's life insurance services

Fidelity is an American multinational financial services corporation that provides a range of services, including life insurance.

Fidelity Investments Life Insurance Company has been supporting families with life insurance since 1987 and is an A+ rated life insurer. The company offers term life insurance, which covers individuals for a specific amount of time and a predetermined dollar amount. This type of insurance serves as a safety net and can provide financial security for loved ones in the event of an individual's death. Fidelity's term life insurance is available to those aged 18 and older who are US citizens or permanent residents. The coverage period can vary, with options for 10 or 20-year terms, and the benefit amount can range from $250,000 to $10 million. The cost of coverage depends on factors such as age, gender, and smoking status, with rates starting as low as $21.25 per month for a 20-year, $500,000 policy for a 35-year-old male non-smoker.

Fidelity's life insurance application process involves several steps. First, individuals can get a quick price quote to estimate their monthly cost. This step takes about two minutes to complete. Next, individuals complete and submit the online application, which takes around 20 minutes. It is recommended to have details of one's medical history on hand during this step. After submitting the application, Fidelity will review it and may request additional information or a medical exam. Finally, if approved, individuals will receive a policy offer with the final cost, and they can accept and make the payment to secure coverage.

Fidelity also provides resources to help individuals determine the appropriate amount of coverage and understand the basics of life insurance, including the differences between term life and whole life insurance. Additionally, Fidelity offers other financial services such as investment advice, retirement services, and wealth management, allowing individuals to manage their financial planning and retirement needs in a comprehensive manner.

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