March 04, 2015 10:55 AM ET

Capital Markets

Company Overview of Fidelity Investments

Company Overview

FMR LLC, doing business as Fidelity Investments is a privately owned investment manager. The firm also provides IRAs, 401(k) rollovers, annuities, discount brokerage services, retirement services, estate planning, wealth management, securities execution and clearance, and life insurance services to its clients. It launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm invests in the public equity and fixed income markets across the globe. For its equity investments, it invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. For its fixed income investments, the firm invests in money market instruments, high yield securities, ...

82 Devonshire Street

Boston, MA 02109-3605

United States

Founded in 1946

Phone:

617-563-7000

Fax:

617-476-6150

Key Executives for Fidelity Investments

Chief Executive Officer and Member of the Board of Directors
Age: 53
President of Asset Management
Age: 54
Managing Director and Senior Marketing Investment Strategist
Head of Defined Contribution Business Development and Executive Director
Director of Trading Operations
Compensation as of Fiscal Year 2014.

Fidelity Investments Key Developments

Fidelity Investments Expands Commission-Freei Passive Sector ETFs with Launch of Real Estate ETF

Fidelity Investments announced it expanded its passive sector ETF product lineup with the launch of Fidelity MSCI Real Estate Index ETF (FREL). Available to individual investors and financial advisors, FREL is a passively-managed, market-cap weighted real estate ETF. Fidelity, who has been managing index funds for over 25 years, now offers 16 Fidelity index mutual funds and 12 passively managed Fidelity ETFs totaling $177 billion assets under management. FREL, which will commence trading on the New York Stock Exchange today, February 5, 2015, at 9:30 a.m. Eastern Time, is competitively priced with a total expense ratio of 0.12%, matching Fidelity’s existing passive sector ETF lineup. The sector ETFs offer among the lowest expense ratios in the industry and are available commission freei to investors and advisors online through one of Fidelity’s brokerage platforms.

Fidelity Investments Opens New Dublin Office

Fidelity Investments celebrated the opening of its second Dublin office. Earlier this 2014, Fidelity began to fill its newest office in Citywest, One Waterside- a space that boasts modern architecture and innovative work spaces - with employees working in technology and business operations roles. The firm plans to hire up to 200 new employees for a diverse set of roles that will continue to enable support for its global operations.

Fidelity Institutional Announces New Collaboration with LearnVest

Fidelity Institutional announced a new collaboration with LearnVest(TM), as well as additional resources to help advisors explore options to digitize their practices. New Fidelity research confirms the need for advisors to begin integrating digital strategies: 55% plan to target emerging and mass affluent investors (1) in the next five years, (2) a segment of investors who are comfortable transacting online and craving more clarity and simplicity in their finances. This is a shift for many advisors, considering that seven in 10 firms report that investors over the age of 49 or with more than $1 million in assets drive their current strategy.

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