Fidelity Investments is a financial services company that provides investment management, retirement planning, wealth management, and other financial services to individuals, institutions, and financial intermediaries. Fidelity is one of the largest mutual fund companies in the world, with over $4.9 trillion in assets under management as of March 31, 2021. The company was founded in 1946 and is headquartered in Boston, Massachusetts.
Fidelity Investments offers a wide range of investment products and services, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), 401(k) plans, brokerage services, and more. The company's mutual funds cover a range of asset classes, including stocks, bonds, money market instruments, and alternative investments.
One of the company's flagship products is the Fidelity 500 Index Fund, which tracks the performance of the S&P 500 index and is one of the most popular index funds in the world. Fidelity also offers actively managed mutual funds, which are managed by a team of investment professionals who seek to outperform the market through stock selection and other strategies.
In addition to its mutual funds, Fidelity offers a range of ETFs, including sector-specific ETFs, smart-beta ETFs, and other funds designed to provide investors with exposure to specific segments of the market. Fidelity's ETFs are low-cost and offer investors the ability to trade throughout the day like a stock.
Fidelity Investments also offers a range of retirement planning services, including IRA accounts, 401(k) plans, and other retirement planning tools. The company's retirement planning tools are designed to help investors determine how much they need to save to reach their retirement goals, as well as to help them develop a retirement income strategy that will help them to meet their financial needs in retirement.
In addition to its investment management and retirement planning services, Fidelity Investments also offers wealth management services to high-net-worth individuals and families. Fidelity's wealth management services include financial planning, investment management, trust and estate planning, tax planning, and more.
Fidelity Investments is known for its focus on customer service and technology. The company's website and mobile app provide investors with easy access to their accounts and a range of tools and resources to help them manage their investments. Fidelity also offers a range of educational resources, including webinars, articles, and videos, to help investors learn more about investing and personal finance.
Fidelity Investments has a strong reputation for its research capabilities. The company employs over 400 investment professionals who conduct research and analysis on a wide range of investment topics, including individual stocks, sectors, and global markets. Fidelity's research is used to inform the investment decisions of the company's portfolio managers and to provide insights to investors through its website and other channels.
Overall, Fidelity Investments is a well-respected financial services company with a strong focus on customer service, technology, and research. The company's wide range of investment products and services, combined with its reputation for innovation and customer service, make it a popular choice for investors of all types and experience levels.
