Fidelity Investments

Fidelity Investments

Headquarters at 245 Summer Street in Boston
Formerly	Fidelity Management and Research Company
Company type	Private
Industry	Financial services
Founded	1946; 78 years ago (1946) (as Fidelity Management & Research)
Founder	Edward C. Johnson II
Headquarters	245 Summer Street Boston, Massachusetts, U.S.
Area served	Worldwide
Key people	Abigail Johnson (CEO)[1]
Products	Annuities Mutual funds Exchange-traded funds Index funds IRAs 401(k)s 529 plans investment funds Retirement planning and advice life insurance checking accounts credit cards
Services	Investment management Asset management Risk management Stockbroker Financial planning Wealth management Retirement planning and advice
Revenue	US$28.2 billion (2023)[2]
Operating income	US$8.5 billion (2023)[2]
AUM	US$4.9 trillion (2023)[2]
Owner	Abigail Johnson and family (49%) Current and former employees (51%)
Number of employees	74,000 (2023)[3]
Website	www.fidelity.com

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts. Established in 1946, the company is one of the largest asset managers in the world, with $5.4 trillion in assets under management, and $14.1 trillion in assets under administration, as of June 2024^[update], ^[4] 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.^[5]