Fidelity

Overview: Fidelity Investments is a privately-held firm headquartered in Boston. Its main lines of business include:

  • Mutual Funds
  • Discount Brokerage
  • Retirement Services
  • Estate Planning

Job Openings: See this list of current job openings.

Size: Fidelity reported these figures as of March, 2008:

  • Employees = over 46,000
  • Portfolio Managers, Analysts & Traders = over 500
  • Mutual Funds = 450
  • Mutual Fund Assets Under Management = $1,353 billion
  • Total Assets Under Management = $1,521 billion
  • Number of Clients = 24 million
  • Number of Client Accounts = 79 million
  • Regional Sites (U.S.) = 14
  • Investor Centers (U.S.) = 124

Positives: Fidelity is an industry leader, employing the largest force of portfolio managers, analysts and traders in the mutual funds business. It is a major and highly-respected training ground for financial professionals in these fields and others. Employment has continued to expand recently.

Negatives: Fidelity is privately-held, with control still exercised by the founding Johnson family, most notably over leadership positions. This may be a negative for outsiders who aspire to senior management.

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