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 (as Fidelity Management & Research)
Founder	Edward C. Johnson II
Headquarters	Boston, Massachusetts, U.S.
Area served	Worldwide
Key people	Abigail Johnson (CEO)
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$32.7 billion (2024)
Operating income	US$10.3 billion (2024)
AUM	US$5.9 trillion (2024)
Owner	Abigail Johnson and family (roughly 40%); Current and former employees (roughly 60%)
Number of employees	77,000 (2024)
Website	fidelity.com
	Footnotes / references;

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), owned by FMR LLC and headquartered in Boston, Massachusetts, provides financial services. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in discretionary assets under management, and $15.1 trillion in assets under administration, as of December 2024.

Fidelity operates a brokerage firm, manages mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance. It offers brokerage clearing and back office support and software products for financial services firms. It also offers a donor-advised fund, Fidelity Charitable, for clients seeking to donate securities. It processes 3.5 million daily average trades. It is one of the largest providers of 401(k) plans and manages employee benefit programs for more than 28,800 businesses.

Abigail Johnson, granddaughter of founder Edward C. Johnson II, and her family and their affiliates own a roughly 40% interest in the company. The remainder is owned by current and former executives.