Fidelity Investments

  www.fidelity.com
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Phone sites good, branches bad

Financial Representative (Current Employee)

ProsGreat benefits, excellent training and if you are working in one of the large sites, there is lots of opportunity for movement. Pay isn't based on commission and Fidelity has a great pipeline for business so the leads come to you.

ConsPay is lower than at other firms and the company is super conservative. Guidance and recommendations will be based on tools with almost zero actual input from the financial reps themselves. If you want to interact with clients, you'll either be on the phones or in a branch. The branches have very little room for advancement and depending on the manager, can be very frustrating and demoralizing. Average tenure for an Account Executive is less than a year due to attrition.

Advice to Senior ManagementPromote from within in order to increase job satisfaction. Employees work hard to advance and when they don't, they will leave.

Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    EVERYBODY IS A VP

    Vice President 401K (Former Employee) Long Island City, NY

    I worked at Fidelity Investments full-time for more than a year


    Pros: they made me vice president to travel all over Cons: EVERYONE IS A VP AT THE COMPANY Advice to Senior Management: PICK THE CORRECT PEOPLE FOR UPPER MANAGEMENT No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good company

    Account Executive (Current Employee)

    I have been working at Fidelity Investments full-time


    Pros: Good company with lots of upside potential. Cons: Micromanagement to death and lots of bureaucracy on the way… Advice to Senior Management: Setting goals should be catered to each clients book size… Yes, I would recommend this company to a friend More
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