Fidelity Investments

www.fidelity.com
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There are newer employer reviews for Fidelity Investments

2 people found this helpful  

Great if you have never worked anywhere else and do not plan on working anywhere else.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Private Client Specialist in San Francisco, CA
Former Employee - Private Client Specialist in San Francisco, CA

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

Pros

GREAT for young people just out of college looking to get their feet wet in the Financial Services Industry. They give plenty of support to new and untrained/inexperienced employees.

Cons

If you have EVER worked outside the firm before joining, you will be extremely surprised at some of the cultural differences. You really have to drink the kool-aid and conform if you want to stay happy. Really nice people, yet the firm is in a distinct identity crisis about who/what they want to be. They can't seem to get passed the notion that if you want to have a "relationship" that means relationship, not buy our products (proprietary funds, managed accounts and annuities)

Advice to ManagementAdvice

If you want people to manage relationships, train them on how a relationship should be managed, not: Buy our Funds & Annuities though I have too many clients and not enough experience to actually answer relationship questions that I will push you off to someone else...

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

2062 Other Employee Reviews for Fidelity Investments (View Most Recent)

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  1.  

    Overall solid company, but compensation is only good at senior levels and work life balance is not a priority

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Fidelity Investments full-time (more than 5 years)

    Pros

    Excellent 401k match/profit share. Very smart people and plenty of opportunities if you will work outside of Boston

    Cons

    No opportunities left in Boston. Work life balance is a joke unless you are lucky enough to have a good manager and compensation is below par until you hit VP level

    Advice to ManagementAdvice

    Value the people who actually do the work and don't just drive them into the ground

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Used to be a great company to work for, but is slipping and is now just mediocre.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fidelity Investments

    Pros

    - Benefits and compensation are still good (although not what they once were).
    - The company still has good core values thanks to the Johnson family.

    Cons

    - Short-sighted leadership lurches to a new strategy every 12 months, eventually coming back full circle but wasting enormous amounts of money in the process.
    - Disorganized and you'll have a new manager every 6-12 months.
    - Your job is very likely to be relocated to another state, or off-shored to cheaper labor in another country.

    Advice to ManagementAdvice

    There is a management culture of selling false measurements of success to superiors in order to reap a large year-end bonus. Senior managers routinely sacrifice the future good of the company for short-term and self-proclaimed "successes". Because senior managers move around the company to new positions every 12-24 months, they are rarely around to suffer the consequences of their bad decisions. Advice: Hold managers accountable for at least middle-term (2-5 year) objectively-measurable goals, and tie their bonuses to those goals.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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