Fidelity Investments
Headquarters:
82 Devonshire St.
Boston, MA 02109
Employees: 37,000
CEO: Edward Johnson III
Privately held
Website: http://www.fidelity.com
Career
Page
Fidelity Investments, also known as FMR Corp., is the nation's largest mutual fund company. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 20 million individuals and institutions as well as through 5,000 financial intermediary firms.
The company manages 505 mutual funds with assets of $1.46 trillion. The sheer size of capital available for Fidelity to invest with makes it one of the most powerful firms in the country. A publicly-traded company that gets investment from Fidelity mutual funds can usually see a big boost in stock price.
Fidelity is the nation's No. 1 provider of 401(k) retirement savings plans and a leading provider of 403(b) retirement plans for not-for-profit institution. Fidelity provides defined contribution, defined benefit, health and welfare and stock plan services to over 15,000 employers.
Customers can also buy and sell stocks through Fidelity's brokerage and online trading. Total customer assets the company administers is valued at over $3.6 trillion, including managed assets of $1.6 trillion as of March 31, 2011.
The firm serves retail customers by phone and through its 156 Investor Centers around the country. Fidelity's Web sites handle an average of 3.8 million visits a day.
Headquartered in Boston, Fidelity employs over 38,000 people with 11 regional operations centers across the United States and Canada: Cincinnati, OH; Covington, KY.; Dallas, TX; Marlborough, MA; North Carolina; Merrimack, NH; New York/New Jersey; Salt Lake City, UT; Smithfield, RI; Jacksonville, FL; Albuquerque, NM; and Toronto, Canada.
The company was founded in 1946 by Ned
Johnson as the Fidelity Management and Research Company.
Benefits
- Medical Insurance
- Dental Insurance
- Retirement Plans administered by Fidelity
- Flexible spending accounts
- Life Insurance
- Flexible work options
- Tuition Reimbursement
- Employee Assistance Program
- Commuter Benefit Program
- Employee Discounts
- 10 Paid Holidays per year
- Four weeks of vacation after five years of service
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