Fidelity Investments
From Wikipedia, the free encyclopedia
Formerly | Fidelity Management and Research Company |
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Privately held company | |
Industry | Financial services |
Founded | 1946; 74 years ago (as Fidelity Management & Research) |
Founder | Edward C. Johnson II |
Headquarters | Boston, Massachusetts , |
Area served | Worldwide |
Key people | |
Products | |
Services | |
Revenue | US$18.2 billion (2017)[2][3] |
US$5.3 billion (2017)[2] | |
AUM | US$2.46 trillion (2018)[4] |
Owner | Abigail Johnson & family (49%) Current & former employees (51%) |
Number of employees | 50,000+, including 5,000 in Boston (2016)[3] |
Website | www |
Fidelity Investments Inc., commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts.
It is one of the largest asset managers in the world with $2.46 trillion in assets under management as of March 2018 and a combined total customer asset value number of $6.7 trillion.[5][4] Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, Index funds, wealth management, cryptocurrency, securities execution and clearance, and life insurance.[6]