Here’s a detailed overview of Fidelity Investments, one of the top investment and brokerage firms in the U.S.:
🔷 Fidelity Investments (FMR LLC)
📌 Basic Overview
Attribute
Details
Founded
1946 by Edward C. Johnson II
Headquarters
Boston, Massachusetts, USA
CEO
Abigail Johnson (since 2014)
Ownership
Privately held (Johnson family-controlled)
Employees
~75,000+ worldwide (as of 2025)
Assets Under Management (AUM)
~$5.8 trillion (discretionary), ~$15.1 trillion in total customer assets
Brokerage Clients
Over 40 million individual investors
💼 What Fidelity Does
Fidelity is a comprehensive financial services firm, offering:
Area
Services Offered
Brokerage Accounts
Stock, ETF, options, mutual fund trading (self-directed & managed)
Mutual Funds & ETFs
Thousands of in-house and third-party funds, including zero-fee index funds
Retirement Accounts
IRAs, 401(k) plans, Roth IRAs, rollover IRAs
Financial Planning
Robo-advisors, wealth management, estate planning
Cash Management
High-yield cash accounts, debit cards, bill pay
Institutional Services
401(k) administration, pensions, and financial advisor tools
🏆 Top Fidelity Products
🔹 Mutual Funds (In-House)
Fund Ticker
Name
Notes
FXAIX
Fidelity 500 Index Fund
Low-cost S&P 500 index fund
FSKAX
Fidelity Total Market Index Fund
U.S. stock market exposure
FZROX
Fidelity ZERO Total Market Fund
0% expense ratio – no management fees
FNILX
Fidelity ZERO Large Cap Index Fund
Another zero-fee index fund
FSPHX
Fidelity Select Health Care Fund
Actively managed sector fund
🔹 ETFs
ETF Ticker
Name
Notes
FZROX
(Also available as fund)
Zero-cost ETF
ONEQ
Fidelity Nasdaq Composite Index ETF
Broad tech-heavy index exposure
FTEC
Fidelity MSCI Information Tech ETF
Sector-specific ETF
🔧 Key Platform Features
Feature
Fidelity Brokerage
Commission-Free Trades
$0 trades on U.S. stocks and ETFs
Fractional Shares
Invest with as little as $1
Robo-Advisory
Fidelity Go (no advisory fee under $25k)
Cash Account
Fidelity® Cash Management Account – FDIC insured, no fees
Research Tools
Industry-leading stock screeners, reports
Mobile App & Web
Highly rated, real-time tracking and trading
🔍 Comparison to Competitors
Feature
Fidelity
Vanguard
Charles Schwab
Best for
Active + passive investors
Long-term passive investors
Traders + passive investors
Trading Fees
$0
$0
$0
Zero-Fee Funds
Yes
No (but ultra-low cost)
No
Mutual Fund Range
Very broad
Focused on in-house funds
Broad + third-party
Robo Advisor
Fidelity Go
Vanguard Digital Advisor
Schwab Intelligent Portfolios
🔒 Safety & Regulation
Member of FINRA, SIPC, and regulated by the SEC
Offers FDIC-insured cash options
Two-factor authentication, biometrics, and account alerts for security
📊 Fidelity in Numbers (2025)
Brokerage Accounts: 40+ million
401(k) Accounts Managed: ~35 million
AUM (Discretionary): ~$5.8 trillion
Customer Assets (Total): ~$15.1 trillion
Daily Trades: Millions executed through its retail platform
🧾 Summary
Fidelity Investments is a full-service, low-cost brokerage and asset manager. It stands out for its mix of zero-fee index funds, extensive research tools, retirement planning, and commission-free stock/ETF trading. Whether you’re a long-term investor or active trader, Fidelity is one of the most flexible, trustworthy platforms in the U.S.
