Fidelity Investments: A Look Inside The Usa Home Office

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts. It was established in 1946 and is one of the largest asset managers in the world, with trillions of dollars in assets under management and administration. Fidelity Investments has a global presence spanning 11 countries and over 200 branches across the United States. The company's headquarters are located at 245 Summer Street in Boston, and it serves its customers through 216 investor centers in the U.S. and 14 regional sites worldwide. Fidelity Investments offers a wide range of financial services, including brokerage, mutual funds, investment advice, retirement services, and wealth management. The company's diverse businesses and independence allow it to gain insights into the entire market and meet the evolving financial needs of its customers.

Fidelity Investments' services and products

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts. It was established 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.

Fidelity Investments offers a wide range of services and products to its customers. These include:

• Brokerage services: Fidelity operates a major brokerage firm, providing brokerage clearing and back-office support to its clients.
• Mutual funds: The company manages a large family of mutual funds and offers more than 100 mutual fund options to its customers.
• Fund distribution and investment advice: Fidelity provides investment advice and fund distribution services to help investors make informed decisions.
• Retirement services: The company offers various retirement plan services, including 401(k) plans, IRA (Individual Retirement Accounts), and retirement savings programs for employees.
• Index funds: Fidelity offers index funds, allowing investors to track the performance of a specific market index.
• Wealth management: This service provides comprehensive financial planning and advice to high-net-worth individuals and businesses.
• Securities execution and clearance: Fidelity ensures efficient and secure execution and clearance of securities transactions.
• Asset custody: The company provides safe custody of assets, including digital assets, for its clients.
• Life insurance: Fidelity offers life insurance products to protect its customers and their families.
• Health and welfare administration: This service helps employers create dynamic, integrated benefit programs for their employees, including health and welfare plans.
• Stock plan services: Fidelity works with employers to offer stock plan administration as part of employee benefit packages.
• Emergency savings programs: These programs assist individuals in saving for unexpected expenses and provide financial security.
• Charitable giving: Fidelity Charitable, an independent public charity, simplifies charitable giving for donors and makes it more accessible and effective.
• Student loan repayment programs: Fidelity works with employers to implement student loan repayment programs as an employee benefit.
• Cash management products: These products help individuals spend and save smarter, enabling them to reach their financial goals.
• Investment education: Fidelity provides educational resources to help investors, especially young and first-time investors, make informed decisions and achieve their financial goals.
• Cryptocurrency trading: In 2018, Fidelity launched a separate entity dedicated to institutional cryptocurrency trading and custody services.
• Fractional-share ownership: The "Stocks By The Slice" program allows investors to capitalise on fractional-share ownership, making investing more accessible and affordable.

Fidelity Investments is committed to innovation and enhancing the customer experience. The company offers a hybrid working model for its associates, blending onsite and offsite work experiences. Additionally, Fidelity serves customers worldwide, with a presence in select international locations, including Ireland, India, Germany, and Canada.

Fidelity's international presence

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It was established in Boston, Massachusetts, in 1946, and is currently headquartered at 245 Summer Street, Boston. The company 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 Investments has a significant international presence with operations spanning 11 countries across North America, Europe, Asia, and Australia. The company has over 215 office locations worldwide, including regional centres in Dublin and Galway, Ireland; Bangalore and Chennai, India; and Kronberg, Germany.

Fidelity International Limited (FIL) was formed in 1969 to serve non-US markets and was subsequently spun off in 1980 as an independent entity owned by its employees. In 2011, the name of the international division was changed from Fidelity International to Fidelity Worldwide Investment, reflecting its global reach.

In 2004, Fidelity established its first presence in India with an office in Mumbai. The company now has over 4,000 employees in India, with its second-largest software development facility in Bangalore and Chennai.

Fidelity Investments Ireland was established in 1996 and now employs over 1,000 people across offices in Dublin and Galway. The company also has a presence in several other European countries, including France, Germany, Belgium, Italy, Spain, Switzerland, and the United Kingdom, where it operates its HR Solution business, HR Access.

While Fidelity has a global reach, its product and service offerings for customers residing outside the United States are limited. The company does not open accounts for new customers residing outside the US, and certain services, such as discretionary asset management, are not provided to existing customers who move outside the country.

Fidelity's history

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), was established in 1946 and is headquartered in Boston, Massachusetts. The company was founded by Edward C. Johnson 2d, who was inspired by the idea of "taking intelligent risks rather than following the crowd".

In its early years, Fidelity International Limited (FIL) was formed in 1969 to serve non-U.S. markets, and it was later spun off in 1980 as an independent entity owned by its employees. In the 1980s, the company expanded its services by offering 401(k) products and computerized stock trading.

Fidelity continued to grow and innovate, establishing a presence in Texas in 1983, its first major expansion outside of Boston. The company also opened its first street-level Investor Center in Boston in 1983, providing customers with access to personal service, free information, and investment guidance.

In the following decades, Fidelity expanded its operations across the United States and internationally. The company established sites in New Mexico in 2008 and continued to open new investor centers across the country, including in Florida, Massachusetts, and Colorado.

Fidelity also has a global presence, with offices in India, Ireland, Germany, and other international locations. The company values its diverse businesses and independence, which provide insight into the entire market and enable it to meet the evolving financial needs of its customers.

In recent years, Fidelity has embraced new technologies and innovative solutions. In 2018, the company launched a separate entity dedicated to institutional cryptoasset custody and cryptocurrency trading. Additionally, Fidelity established Fidelity Digital Assets to provide products and services to institutions investing in bitcoin and other digital assets.

Fidelity's commitment to innovation and customer-centric approach have made it one of the largest asset managers in the world, with a strong presence in the financial industry.

Fidelity's company structure

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It was established in 1946 and is headquartered in Boston, Massachusetts, with Abigail Johnson serving as chairman and CEO. The company is 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's corporate structure is comprised of three main fund divisions: Equity, High-Income, and Fixed-Income. The Equity division is headquartered in Boston, Massachusetts, while the Fixed-Income division is based in Merrimack, New Hampshire. The High-Income division is also headquartered in Boston.

In addition to its US presence, Fidelity has expanded its operations globally. The company has offices in select international locations, including Ireland (Dublin and Galway), India (Bangalore and Chennai), Germany (Kronberg, Hessen), and Canada (Toronto, Montreal, Calgary, and Vancouver). Fidelity also has a presence in Hong Kong, Japan, and India, with offices in Mumbai, Bangalore, Chennai, and Tokyo, primarily serving back-office functions and small-cap research.

Fidelity's global presence spans 11 countries across North America, Europe, Asia, and Australia. The company has over 76,000 associates worldwide, working across various business groups and regional centers.

Fidelity's regional centers are located in different states within the US, including Texas, Rhode Island, New Mexico, Colorado, Florida, North Carolina, and Utah. These regional centers play a crucial role in the company's operations and provide career growth opportunities for employees.

Fidelity's Boston headquarters

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 $5.8 trillion in assets under management.

The company's Boston headquarters is located at 245 Summer Street, nestled adjacent to the Seaport District. The area has evolved into one of the coolest neighbourhoods in the city, with a creative and cheerful vibe. The office is situated in the centre of the neighbourhood, overlooking the Boston Harbour.

The Boston headquarters offers stunning views, with 14 floors of expansive windows stretching floor to ceiling, providing views of Boston's rich charm that changes with every season. The building features a beautiful common area on the first floor, where employees can work, connect with colleagues, or simply enjoy a cup of coffee while taking in the city streets. The Beanery offers full-service coffee and quick bites to eat, and there are also complimentary self-service coffee machines located throughout the building.

The Boston office also boasts various amenities, including an on-site Health & Wellness Centre, a Techworks Guru Bar for laptop repairs, and the Fidelity Café, offering freshly made sandwiches, salads, snacks, and beverages 24/7. The seventh floor is designed as a large living room where associates can connect or relax, and there is also an outdoor patio for casual meetings or occasional rooftop yoga classes.

Frequently asked questions