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Fidelity Investments

Engaged Employer

Fidelity Investments reviews

4.1

80% would recommend to a friend

(18,328 total reviews)
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Abby Johnson

85% approve of CEO

78% positive business outlook

Fidelity Investments has an employee rating of 4.1 out of 5 stars, based on 18,328 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
3.0
Dec 12, 2023
Recommend
CEO approval
Business Outlook

Pros

Work-Life Balance: The company truly respects personal time and maintains a culture that promotes a healthy work-life balance. I've consistently been able to manage my professional responsibilities without sacrificing my personal life, which is a rare and valued aspect of my job. Financial Benefits: The profit-sharing scheme and bonuses are significant perks that not only boost morale but also tangibly reward our collective successes. Campus Environment: The campus is beautiful in Westlake. It has a small lake, long-horns, and its been recently remodeled with workspaces that would make google jealous.

Cons

Diversity in Management: Advancement into management positions seems disproportionately challenging for minorities. There is a noticeable pattern where managers tend to favor individuals who share their own background, resulting in limited diversity at the higher levels of the company. Work Challenge and Engagement: The work, while stable, often lacks stimulation and challenge. For those eager to push their boundaries and seek engaging projects, this can lead to a sense of stagnation and unfulfilled potential. Professional Development: There is a concerning lack of investment in skill development for employees. In an ever-evolving job market, the absence of growth opportunities to learn new skills or enhance existing ones is a significant drawback that could hinder long-term career progression. Base Salary: While the bonuses and profit-sharing are beneficial, the base salary is low. I mean, not THAT low but low. It's essential for the base pay to also be competitive to not only attract but retain talent.

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Fidelity Investments Response
2y
Thank you for taking the time to share your experience with us. We strive to create an employee experience that offers career mobility opportunities based on associates’ skills, interests and performance. We would like to hear more from you and can be reached at 800-835-5099 Prompt 2, 4, then 1.
3.0
May 29, 2023
Recommend
CEO approval
Business Outlook

Pros

Amazing pay for start of career. Good training for fundamental concepts but once this is established not a place for creative concepts and independent thinking. Management wants you to ask same questions and run same exact process on every single client regardless of situation.

Cons

Middle management doesn’t care about clients and relationships. This is strictly a sales role and very minimally a planning role. I think if upper management knew how investor centers were being run and how churning clients and quick selling was being pushed they would be disturbed. Clients usually sell out of managed money within 5 years bc they were falsely sold, they’ve had advisor turnover once or twice in that timeframe, and managed accounts underperform their own asset manager funds. If you want a real financial planning career go to an RIA after 1-2 years in this role

2.0
Apr 4, 2022
Recommend
CEO approval
Business Outlook

Pros

Profit sharing is the best in industry - you need to stay 5 years to keep it Career growth and training is excellent - as long as you know the right people Tuition reimbursement is excellent Remote work is very nice

Cons

Read "Think Again" by Adam Grant - Fidelity is one of those companies that does not encourage thinking outside the box. Being wrong is not a virtue, nor is humility. Egoism thrives at Fidelity. Not a safe place for questioning the status quo. Do not criticize the process. Its all about who you know and not what you know. Skills development is limited. Once you hit the limit, hit the door on your own and look for a company that encourages personal growth, otherwise you might get stuck in your role with no relevant skills. This is a spreadsheet and numbers company, not a people company. Your experience is highly dependent on your manager, who likely did not even do your job.

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Fidelity Investments Response
4y
Thank you for taking the time to share your experience at Fidelity with us. We strive to create an employee experience that serves the employee and allows them to do their best work. We would like the opportunity to listen and hear your thoughts directly. We can be reached at 800-835-5099 Prompt 2, 4, then 1.
Viewing 130 - 132 of 18,328 Reviews

Glassdoor has 21,166 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.