17 Facts About Fidelity Investments

1.

Fidelity Investments was established in 1946 and is one of the largest asset managers in the world with $4.

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2.

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, securities execution and clearance, asset custody, and life insurance.

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3.

In 2018, Fidelity Investments launched a separate entity dedicated to institutional cryptoasset custody and cryptocurrency trading.

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4.

In 2018, Fidelity Investments introduced a new line of zero-expense-ratio mutual funds for individual investors.

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5.

Fidelity Investments operates a major brokerage firm and has investor centers in over 140 locations throughout the US.

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6.

Fidelity Investments has been a major investor of real estate, owning the Seaport Center and 2.

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7.

Fidelity Investments manages a donor-advised fund, Fidelity Investments Charitable, in 1991, becoming the first commercial DAF provider.

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8.

In June 2019, Fidelity Investments announced it may demerge Eight Roads from its core business.

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9.

Private venture capital firm, F-Prime Capital Partners, managed on behalf of owners and other key leaders of Fidelity Investments, has been described as directly competing with Fidelity Investments public funds.

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10.

Fidelity Investments spokesmen have stated that they are following all laws and regulations.

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11.

Fidelity Investments declined to comment on this aspect of the investigation.

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12.

In 2004, Fidelity Investments Brokerage paid $2 million to settle charges by the US Securities and Exchange Commission that employees altered and destroyed documents in 21 of its 88 branch offices between January 2001 and July 2002.

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13.

Fidelity Investments has internal inspections every year to make sure it is complying with federal regulations.

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14.

In 2004, Fidelity Investments established its first presence in India by opening an office in Mumbai.

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15.

Fidelity Investments Ireland was established in 1996 as the European offshore development centre for Fidelity Investments and now employs over 1,000 people with offices in Dublin and Galway.

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16.

Fidelity Investments has offices in France, Germany, Belgium, Italy, Spain and Switzerland and London for its HR Solution business HR Access.

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17.

Fidelity Investments has experimented with marketing techniques directed to the baby boomer demographic, releasing Never Stop Doing What You Love, a compilation of songs by Paul McCartney.

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