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FMR LLC
Type
Private
Industry
Financial services
Founded
1946
Founder(s)
Edward Johnson, II
Headquarters
Boston, Massachusetts, U.S.
Area served
Worldwide
Key people
Edward Johnson, III
(Chairman & CEO)
Abigail Johnson (President, Fidelity Personal Workplace and Institutional Services)
Kathleen Murphy (President, Fidelity Personal Investing)
Products
Investment management, mutual funds, online brokerage
AUM
US$ 1.7 trillion (2013)
Employees
41,000+ (2013)
Website
Fidelity.com
FMR LLC (Fidelity Management and Research) or Fidelity Investments is an American multinational financial services corporation. It is one of the largest mutual fund and financial services groups in the world. Founded in 1946, the company has since served North American investors. Fidelity Ventures is its venture capital arm. Fidelity International Limited (FIL), was an international affiliate founded in 1969, serving most countries in the rest of the world. In September 2011, FIL was rebranded as 'Fidelity Worldwide Investment '.[1]
Fidelity Investments manages a large family of mutual funds, provides fund distribution and investment advice services, as well as providing discountbrokerage services, retirement services, wealth management, securities execution and clearance, life insurance and a number of other services.
Contents
[hide]
1 Mutual funds and stock brokerage
2 Benefits outsourcing
3 Other businesses
4 Regulatory troubles
5 Ownership and operations
5.1 Marketing
6 Competitors
7 Industry Awards and Rankings
8 See also
9 References
10 External links
Mutual funds and stock brokerage[edit source | editbeta]
Fidelity is a privately held company founded by Edward C. Johnson II in 1946, which is owned by employees and the Johnson family. Fidelity Management & Research Company, the US investment management division of Fidelity Investments, acts as the investment adviser to Fidelity
References: Revenue in 2003 were US$9.2 billion, followed by US$10.5 billion in 2004. As of 2007, Fidelity had 47,000 employees. As of February 28, 2013, the company employs over 41,000 people.