Fidelity Investments Inc

 Fidelity Management & Research FMR

Fidelity Investments

Introduction

Fidelity Investments is the second largest mutual fund and financial services group in the world. Fidelity was founded by Edward C. Johnson II in 1946 as a retail broker and has since grown to offer investment management, brokerage, institutional wealth management, and international services. The company currently operates more than 2,000 offices in the United States and 8 other countries worldwide.

Investment management

Fidelity Investments is the largest mutual fund company in the world, with $2 trillion under management. It's also the second largest financial services company in the world, behind State Street Corporation.

Fidelity Investments is the largest asset manager in the world and has more than 8 million individual investors worldwide. Fidelity Investments is one of only two mutual fund companies that control assets over $500 billion; Vanguard Group maintains its top spot with $3 trillion under management.

In addition to being a leading provider of investment products, Fidy also manages retirement plans for individuals and corporations worldwide through its Retirement Plan Services division. This division provides plan design, implementation, and ongoing administration services to more than 10 million participants in over 1 million employee plans representing more than $1 trillion in assets under management as of December 31st, 2016

Brokerage

Fidelity is a brokerage, which means that it buys and sells financial securities for its customers. In other words, it's the middleman between investors and those who want to sell them investment products such as stocks, bonds, ETFs (exchange-traded funds), mutual funds, and certificates of deposit (CDs).

Fidelity manages over $2 trillion in customer assets through its three divisions: wealth management; retirement solutions; and Brokerage Operations & Technology Services.

Fidelity Institutional Wealth Services

Fidelity Institutional Wealth Services is a business segment of Fidelity Investments. It provides investment management, brokerage, and retirement services to institutions, and their employees and retirees.

Fidelity International

Fidelity International is a subsidiary of Fidelity Investments, one of the world’s largest financial services providers. The firm provides investment management services to institutional and high-net-worth investors worldwide. Its headquarters are in London, England.

Fidelity International is a member of the FTSE 100 Index.

Retail Financial Services

Fidelity Investments is a global financial services company that offers a variety of services to individual and institutional investors, as well as financial institutions. The company was founded in 1946 by Edward C. Johnson II and has grown to become one of the largest mutual fund and financial services groups in the world. Fidelity Investments has over $2.1 trillion in customer assets under management (AUM).

The company was acquired by American International Group (AIG) for $15 billion on December 1, 1999, but was spun off from AIG into a standalone business once again on May 7, 2004,, after two years under AIG ownership.[1]

Fidelity is the second largest mutual fund and financial services group in the world

Fidelity Investments is one of the largest investment management firms in the United States. Based in Boston, it has more than $1.7 trillion of assets under management and serves clients through a network of over 100 retail financial centers and branches across North America and Europe. The company ranks as the second-largest mutual fund company by total client assets, after Vanguard Group.

Fidelity was founded in 1946 by Edward C. Johnson II when he opened a brokerage office for Fidelity Union Trust Company (FUITC) on Winter Street in Boston’s financial district. In 1955, FUITC began offering its first no-load mutual funds to investors with growth potential; these “growth stock accounts” were developed for customers who wanted to invest in companies whose products or services were growing rapidly at the time but could not afford traditional stock offerings from Wall Street banks.*

Conclusion

Fidelity Investments has been a household name for over 70 years. It’s one of the oldest and most respected financial services companies in the world with over $2 trillion under management in 2018. Fidelity offers investment management, retirement planning, brokerage services, and insurance products to individual investors as well as institutional clients such as corporations, educational institutions, and government agencies.