17 Facts About Fidelity Investments


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

FactSnippet No. 1,605,624

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.

FactSnippet No. 1,605,625

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

FactSnippet No. 1,605,626

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

FactSnippet No. 1,605,627

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

FactSnippet No. 1,605,628

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

FactSnippet No. 1,605,629

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

FactSnippet No. 1,605,630

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

FactSnippet No. 1,605,631

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.

FactSnippet No. 1,605,632

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

FactSnippet No. 1,605,633

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

FactSnippet No. 1,605,634

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.

FactSnippet No. 1,605,635

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

FactSnippet No. 1,605,636

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

FactSnippet No. 1,605,637

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.

FactSnippet No. 1,605,638

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

FactSnippet No. 1,605,639

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.

FactSnippet No. 1,605,640