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Fidelity Investments

Engaged Employer

Fidelity Investments reviews

4.1

79% would recommend to a friend

(18,419 total reviews)
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Abby Johnson

84% approve of CEO

78% positive business outlook

Fidelity Investments has an employee rating of 4.1 out of 5 stars, based on 18,419 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Fidelity Investments employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

18K reviews
2.0
Oct 24, 2012
Recommend
CEO approval
Business Outlook

Pros

Mobility and other opportunities abound if you are patient. Good name within the industry and loyal client base. Great inexpensive investment lineup.

Cons

Corporate politics abound here. To move up carry toilet paper around often to wipe your nose. They only want to hear the truth if its what they want to hear. You can be #1 in sales but if you dont further their agenda you will stall your career. Micro management is well over the top. Worst I have ever encountered. The compensation is extremely weak (My gross income here is what I used to pay in taxes at my other jobs and I am in the top 20 people out of 300 in the nation for 2 years running) Great place to get hired if you are desperate or looking for a stepping stone but will never be long term. They are short term focused but always talk about the long term. Do not let this fool you! Middle management and some mkt mgrs truly have no clue how to manage. They are failed sales people with brown crust on their noses that micro manage and have little to zero outside experience ( this is their only real job since college). The work and dealing with clients is ok as the Fido client is a cheapskate and know-it-all. It takes time to build trust, realtionships and for the client to self discover they need your/Fido help. Management wants you to slam them into products today. A "what have you done for me today" mentality. If your response is "built a deeper relationship based on trust and confidence" the branch mgr will look at you like a cyborg and keep repeating "that does not calculate" until his brain starts to smoke. Corp vision is a lie. They say they want to retain top talent and build long term relationships. Look at their actions. It is a lie. 5 top Senior Accountt execs left in the last 12 months. Everyone of them were threatened on the way out by their mgr rather than spoken to for retention measures. If this were a public company I would buy a put 3 years in the future so i could put it to someone I hated and make a killing from their lose. It is a truly broken system and the mend is at minmum 5 years away. Possibly a decade. Lastly, once you do sell something you have to track it and a third of the time sent up exception as they are not crediting it to you but atbthe same time will be delivering you an oral warning of termination for low production which they will not rescind once its credited and also become part of your HR file. It is purely about power, fear and control at this place. It is only for the weak and timid not top talent.

1.0
Nov 17, 2011
Recommend
CEO approval
Business Outlook

Pros

a) Benefits - Medical, Vacation and 401k Match

Cons

I am not sure what happen between 1999 and 2011, but this place is completely different. They treat their US employees like cattle that they can move to any location in the US to save a dollar and they think we will all follow like little lambs. How much money does the Johnson family need? Boston is where they made this company what it is today, and now they are leaving. They say it is not due to costs - but is clearly is the reason. There are minimal promotion opportunities for the hard-working employee. Only those who play politics get anywhere at Fidelity. It forced the people who really get the work done to look elsewhere.

1.0
Sep 16, 2011
Recommend
CEO approval
Business Outlook

Pros

Base Salary, Easy Lead Generation, Nice office

Cons

Awful incompetent management, awful bonus structure comparative to industry standards, never satisfied with work, always something else that can be done, talk about big brother watching. I have never worked somewhere that everything, literally everything is tracked and used against you. Click this, click that, ok not good enough. Product push no matter what anyone says or what they make us tell clients, WE MUST SELL PRODUCT, including product that repeatedly underperforms but makes Fidelity so much money.

Viewing 442 - 444 of 18,419 Reviews

Glassdoor has 21,266 Fidelity Investments reviews submitted anonymously by Fidelity Investments employees. Read employee reviews and ratings on Glassdoor to decide if Fidelity Investments is right for you.