Fidelity Investments, founded in 1946 by Edward C. Johnson II, is a leading multinational financial services corporation headquartered in Boston, Massachusetts. As of March 31, 2025, the company manages $5.9 trillion in discretionary assets and administers a total of $15 trillion in assets. Fidelity offers a comprehensive suite of services, including investment management, brokerage services, retirement planning, wealth management, and life insurance. The firm is renowned for its innovative approach, having introduced the industry’s first zero expense ratio index funds to lower barriers to investing. Privately held, Fidelity is predominantly owned by the Johnson family and its employees, fostering a culture of long-term commitment and stability. The company also demonstrates a strong commitment to social responsibility, exemplified by its $250 million ‘Invest in My Education’ initiative launched in 2023 to support underserved minority students through scholarships and mentorship programs.
Fidelity Investments is one of the largest asset managers globally, overseeing $5.9 trillion in discretionary assets as of March 31, 2025.
The company offers a diverse range of financial services, including investment management, brokerage services, retirement planning, and wealth management.
Fidelity introduced the industry's first zero expense ratio index funds, making investing more accessible to a broader audience.
In 2023, Fidelity pledged $250 million over five years to support up to 50,000 underserved minority students through scholarships and mentorship programs.
The firm is privately held, with the Johnson family owning approximately 49% and employees owning the remaining 51%.
