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Fidelity Investments

Headquarters: 82 Devonshire St.
Boston, MA 02109
Employees: 46,400
CEO: Edward Johnson III
Privately held
Website
: http://www.fidelity.com

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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 24 million individuals and institutions as well as through 5,500 financial intermediary firms.

The company manages 436 mutual funds with assets of $1.6 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. It also provides human resources and employee benefits services to retirement and stock plans. Customers can also buy and sell stocks through Fidelity's brokerage and online trading. Total customer assets the company manages is valued at over $3.4 trillion.

The firm serves retail customers by phone and through its 119 Investor Centers around the country. Fidelity responds to approximately 240,000 phone calls per business day from retail and institutional clients. Fidelity's Web sites handle an average of 2.4 million contacts a day.

Headquartered in Boston, Fidelity employs over 46,400 people with 10 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 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

Updated February 13, 2008

 

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