There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

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Great benefits and not too bad if you don;t mind a phone job.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Premium Relationship Associate in Salt Lake City, UT
Current Employee - Premium Relationship Associate in Salt Lake City, UT

I have been working at Fidelity Investments full-time (More than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Good benefits-healthcare, vacation, sick time, 401k match etc.
Great place to get industry experience

Cons

Very micromanaged because it is a phone job.
Shifts for the entry level postions in most departments are not that great.

Advice to Management

Don't do so many loan positions, but give people the chance to move up and make some more money.

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  1. Helpful (5)

    Place is a circus act and real investors should run away, fast!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Account Executive in Atlanta, GA
    Former Employee - Senior Account Executive in Atlanta, GA

    I worked at Fidelity Investments full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great name brand that people seem to trust, for now. Free coffee. Well, that's about it folks.

    Cons

    The mangers at the branch could care less about the clients and their assets. It is all about what the account executives are doing with the clients money. Get that money invested at all costs. Stick 'em in mutual funds, annuities or PAS managed program so they can charge them fees. Fidelity investors do not realize they are being duped by purchasing their no load funds. Why? Because their funds tend to have higher turnover ratios that in turn allow their fund managers to perform trades. This equates to significant trading costs that are not disclosable under current law. Investors only see the fund expenses and forget the hidden fees. Do you really think they are going to give good advixe and not be charging you anything people? Really? Furthermore, they treat their superstar higjly experienced people the same as the ones they are getting rid of. It's all about brown nosing at that place. Quality employees leave within 24 months. The bad ones stay because they cannot get hired anywhere else. Their micro management, cukture of fear and intimidation, and peanuts for pay make this place highly avoided by the top 10% of financial advisors from other firms.

    Advice to Management

    Stop promoting morons due to their brown nosing, tenure, or incompetence. If you are that scared to hire or promote quality people because you fear they will show you up, well, they will anyway. How? The way several of us in the top 25 national rank did when we all left you while scrathed your heads in disbelief. Reason? We can make more income, not jeopardize our integrty to the
    client by cutting their grass rather than working for this organization that's hell bent on seeing how many top quality people they can hire for the cheapest dollar only to watch them succedd then resign while on top! Take your head out of your butts and remove your ego or else when this market turns you will be left with the bottom 5% of morons in which you deserve. You people absolutely suck!

  2. Used to be a great place to work... lots of great people leaving

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Program Manager in Covington, KY
    Current Employee - Program Manager in Covington, KY

    I have been working at Fidelity Investments full-time (More than 10 years)

    Pros

    Good comp package
    Decent opportunity to grow and move within company
    GREAT caliber of people

    Cons

    Less inspirational management over last several years
    Poor internal talent management

    Advice to Management

    Be aware of who you are keeping in your food chain and if they are really looking out for everyone!!

There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

See Most Recent

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