David Ricci: Fidelity Investments' Top Executive And His Journey

David Ricci is a certified financial planner with over 25 years of experience in the investment and retirement industry. He has held senior leadership positions in wealth management and has worked for some of the country's largest investment management and banking firms. Ricci currently operates out of Scottsdale, Arizona, and holds Series 63 and Series 66 licenses, allowing him to work as a securities agent in Arizona and Texas. Over the course of his career, he has held roles at prominent financial institutions, including Fidelity Investments, Vanguard, and Colorado State University. He graduated from Colorado State University with a bachelor's degree in economics and currently resides in Mesa, Arizona, with his family.

David Ricci's career at Fidelity Investments

David Ricci has over 25 years of experience in the investment and retirement industry. He began his career in financial services in 2012, working as a Financial Consultant at Fidelity Investments.

Ricci has since held senior leadership positions in wealth management, including roles as a Senior Financial Advisor at Vanguard and Regional Vice President at Mercer Advisors. He is a certified financial planner, with a bachelor's degree in economics from Colorado State University.

Ricci currently operates out of Scottsdale, Arizona, and holds Series 63 and Series 66 licenses, designating him as a securities agent in Arizona and Texas. He has also held licenses in Massachusetts and Connecticut for life and variable insurance.

Ricci's work focuses on providing guidance to clients seeking independent retirement. He utilizes financial plans and other tools to help his clients manage their retirement income and preserve their assets.

Fidelity Investments' history

David Ricci is a certified financial planner based in Scottsdale, Arizona, with four years of experience. He has previously held roles at Fidelity Investments and Fidelity Personal and Workplace Advisors.

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.

The company has a long history that dates back to the 1930s. Here is a detailed overview of the key moments in the development of Fidelity Investments:

The Early Years:

• 1930: The Fidelity Fund was incorporated in Massachusetts, with Edward C. Johnson II serving as president.
• 1946: The corporate structure changed, and the company became known as Fidelity Management & Research (FMR). This date is considered the official establishment of Fidelity Investments.

Expansion and Growth:

• 1969: The company formed Fidelity International Limited (FIL) to serve non-U.S. markets.
• 1980: FIL was spun off into an independent entity owned by its employees.
• 1982: FMR started offering 401(k) products.
• 1984: They offered computerized stock trading.
• 1997: Robert Pozen was named CEO.
• 2001: Geode Capital Management was established to incubate investment strategies for FMR and later spun off.
• 2003: The company launched its first ETF, the Fidelity Nasdaq Composite Index Tracking Stock Fund (ONEQ).

Recent Developments:

• 2010: Fidelity Ventures, its venture capital arm, was shut down, leading to the creation of Volition Capital.
• 2011: The name of its international division was changed from Fidelity International to Fidelity Worldwide Investment, accompanied by a new logo.
• 2012: Boston headquarters moved to 245 Summer Street.
• 2014: Abigail Johnson became president and CEO of Fidelity Investments (FMR) and chairman of Fidelity International (FIL).
• 2018: A separate entity dedicated to institutional cryptoasset custody and cryptocurrency trading was launched.
• 2019: The firm announced it would offer cryptocurrency trading to institutional customers and launched Fidelity Digital Asset Services.
• 2020: Fidelity launched "Stocks By The Slice," a program targeting investors interested in fractional-share ownership and micro-investing.
• 2021: Abigail Johnson became chairman of FMR LLC. The company's operating income rose, and they announced plans to hire 16,000 employees.
• 2022: Fidelity Investments was named one of Salt Lake Tribune's Top Workplaces.
• 2023: Fidelity applied to launch a Spot Bitcoin ETF and later a Spot Ethereum ETF, with the former being approved and launched in 2024.

Today, Fidelity Investments continues to be a leading financial services corporation, offering a wide range of services and managing trillions of dollars in assets.

Fidelity Investments' services

David Ricci is a certified financial planner based in Scottsdale, Arizona, with experience at Fidelity Investments, among other financial firms.

Fidelity Investments 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 provides a wide range of services, including:

• Brokerage services: The company operates a major brokerage firm, offering investment advice and a variety of investment options such as stocks, ETFs, mutual funds, and CDs.
• Retirement planning: Fidelity helps individuals plan and save for retirement, offering services such as 401(k) retirement plans, pension administration, and IRA accounts.
• Wealth management: The company provides wealth management services to individuals, families, and institutions, helping them grow and protect their wealth.
• Investment options: In addition to brokerage and retirement services, Fidelity offers a range of investment options such as mutual funds, index funds, securities execution, and asset custody.
• Life insurance: Fidelity provides life insurance products to help individuals and families protect their financial future.
• Online trading: The company offers online trading platforms for various investment products, including stocks, ETFs, bonds, and mutual funds.
• Cash management: Fidelity helps individuals manage their cash flow and spending through cash management products.
• Financial planning: The company offers financial planning services to help individuals and families meet their financial goals, such as saving for college or a new home.
• Institutional services: Fidelity serves wealth management firms and institutions with services such as asset management, stock plan services, and benefits consulting.
• Global presence: With headquarters in Boston, Fidelity has a global presence spanning nine countries across North America, Europe, Asia, and Australia.

David Ricci's career outside Fidelity Investments

David Ricci is a certified financial planner based in Scottsdale, Arizona. Outside of his role at Fidelity Investments, David has pursued a career in financial services, holding several senior positions.

David began his career in financial services in 2012. He graduated from Colorado State University with a bachelor's degree in economics and is a certified financial planner. He has held senior leadership positions in wealth management and has experience in both financial consulting and senior financial advisory.

Ricci's career outside of Fidelity Investments includes a position at Vanguard Advisers, Inc., where he worked with The Vanguard Group, Inc. He has also held roles at Fidelity Personal and Workplace Advisors, Colorado State University, and Latham Casting.

David currently resides in Mesa, Arizona, with his wife and three children. He is passionate about helping clients define success and achieve their unique financial goals. In addition to his professional pursuits, David enjoys outdoor activities and fitness.

David Ricci also has his own coaching and consulting services, where he offers personalized business coaching to small business owners, entrepreneurs, and ex-corporate executives. He helps clients navigate the complexities of entrepreneurship and transition into successful business ownership.

David Ricci's personal life

David Ricci is a self-taught American photographer based in Massachusetts. He lives in the Berkshire Hills with his wife Lori Warner. Ricci's work has been exhibited at the Fogg Museum at Harvard, Art Complex Museum, Berkshire Museum, and the Smith College Museum of Art, among others. He has also published a monograph, EDGE, which was awarded the Gold Prize in Photography from Foreword Reviews magazine.

Ricci's interest in photography began during his time at Rensselaer Polytechnic Institute (RPI) in Troy, New York, where he was studying biomedical engineering. After purchasing a Nikon 35-mm camera, he soon left his engineering career behind to pursue fine art photography. Ricci has been influenced by 20th-century masters of photography, painting, and sculpture, and has spent a significant amount of time studying the histories of photography and art.

His early work focused on architectural subjects, employing a sparse, formalist style. However, after visiting the Museum of Modern Art in New York and discovering the work of painters like Jackson Pollock, as well as the book "The New Color Photography," Ricci's work took on a new direction. He became interested in creating photographs with intricate formal structures that support the content, similar to the paintings that captivated him.

Ricci's current project, "Hunter/Gatherer," marks a significant shift in his process, subject matter, and presentation. This project involves photographing antique malls, collectibles fairs, and flea markets, exploring American uber-materialism and the collective past through the lens of his signature "edge of chaos" compositional style.

There is another David Ricci who works in financial services and has previously worked at Fidelity Investments. This David Ricci is based in Mesa, Arizona, and enjoys outdoor activities and fitness. He has a bachelor's degree in economics from Colorado State University and is a certified financial planner.

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