Fidelity Investments reviews

4.1

79% would recommend to a friend

(18,412 total reviews)
avatar

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 18,412 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 Financial Services industry (3.7 stars).

Reviews by job title

18K reviews
1.0
Dec 23, 2008
Recommend
CEO approval
Business Outlook

Pros

If you want to be a low paid phone drone, Fidelity is the place for you. If you love being treated like dirt and feel that management should rightfully walk all over their employees, Fidelity is the place for you. If you have no ambition other than to make a paycheck and go home frustrated every day, Fidelity is DEFINITELY the place for you. On the other hand, if you are an IT Professional who places value on their contribution to a company and would like to feel that your efforts will be rewarded, Fidelity is a place you should stay far, far away from.

Cons

Ned Johnson no longer has anything to do with the day-to-day operations of the company and consequently the goal of the current management is to take the company in the complete opposite direction to that which it was once directed. IT is now considered a low priority and the emphasis on using technology to stay at the forefront of the financial industry is a thing of the past. No new equipment, move as many jobs overseas as possible, reduce the technical staff to a shadow of what it once was, bring in the head choppers, and generally shift the emphasis to the sales force is Roger Lawson's method of running the company (into the ground).

1.0
Dec 22, 2008
Recommend
CEO approval
Business Outlook

Pros

Great place to work if you like to work while the rest of the world is off. Working nights untill 11 or 12, weekends and hollidays, (christmas, thanksgiving and new years are the norm).

Cons

This is by far the worst employeer in the finacial services industry. There is little chance of career advancement.. The company culture is one that breeds off of hostility and intimidation. Being creative and thinking outside of the box is frowned upon. Most job opportunities consist of lateral moves with little if any increase in pay.

2.0
Dec 18, 2008

Good place to coast, not so good for growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compensation - pegged at 75th percentile of market for average performance - in other words, you get paid as much or better than 3/4 of the similar positions out there. Benefits -- management fee rebates on Fidelity Funds make the funds extremely competative. There is a high value placed on integrity and doing what is best for investors. I have personally seen senior management make decisions that harm the Fidelity bottom line because it's the right thing to do for customers -- and not because they were going to be "found out" but because the first question that everyone has to ask when resolving issues is "what's best for the unitholders?"

Cons

Excessive layering of management. Limited opportunities for non management staff to change tracks within the company. If you're not on the line management track, you'll be basically slotted in where you are and will not be given the opportunity to work in an area that might challenge you or develop skills. if you're on the management track it's a different story, but then you have a whole world of politics to live with.

Viewing 18292 - 18294 of 18,412 Reviews

Glassdoor has 21,258 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.