There are newer employer reviews for Fidelity Investments

1 person found this helpful  

Great financial products and great place to be a financial advisor, VERY political.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee in Westlake, TX
Former Employee - Anonymous Employee in Westlake, TX

I worked at Fidelity Investments full-time (more than 5 years)

Pros

They offer the most cost-effective financial product solutions. Very focused on customer-service and have some of the best employee benefits a private company could offer.

Cons

Extremely political environment for managers in their call centers. Pay for managers is horrible. When financial crisis hit in late 2008 they quickly lost my confidence as an employee-centric company as they unloaded a ton of people and talent. They also cut employees pay in a massive way.

Advice to ManagementAdvice

Ditch the politics. I have never seen an environment as political as the one that is at Fidelity Investments.

Recommends
No opinion of CEO

1861 Other Employee Reviews for Fidelity Investments (View Most Recent)

Sort: Rating Date
  1. 5 people found this helpful  

    Great company to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative in Westlake, TX
    Current Employee - Financial Representative in Westlake, TX

    I have been working at Fidelity Investments full-time (less than an year)

    Pros

    - Managers that care about your career and personal development
    - Great benefits - dollar per dollar match to 7% of salary in 401k - Having a ROTH 401k was a great attraction for me
    - Currently growing - Opportunities to move into your desired career path - Great for people who get hired on just to get in the door with a less desirable position
    - The company is big on following the kaizen philosophy
    - The company is moving a lot of positions from Boston to Westlake - Great growth opportunity as many of the Boston employees do not want to relocate - Not having a state income tax was probably a driver for the move

    Cons

    - Your desk moved frequently, within 6 months my team/department has relocated within the same building 2 times - I think they do this as it is the only way some people clean their desk
    - Slow moving changes
    - Lags behind industry changes - Needs to move faster with offering of ETF's

    Advice to ManagementAdvice

    - Allow employees to have self directed brokerage account even it it is only 25% of their 401k contributions
    - Offer student loan reimbursement as a benefit

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Far too political!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Westlake, TX
    Former Employee - Director in Westlake, TX

    I worked at Fidelity Investments full-time (more than an year)

    Pros

    Some very good employees but they lack any real understanding of the business. They are too busy trying to manage the poltical atmosphere in order to protect thier jobs.

    Cons

    Too political. Sr. management has no clue as to what needs to be done to make the company successful. Not a proactive culture to solving business issues.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Fidelity Investments

Work at Fidelity Investments? Share Your Experiences

Fidelity Investments

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.