Fidelity Investments Reviews

Pros

Best place to work managing work culture and personal life.

Cons

Diffcult to keep up with market space technology.

Advice to Senior Management

Consider middle level executive.

Pros

If you need a stable job it is ok

Cons

They change the employee expectations for performance with no ramp up time and then threaten corrective action if you do not keep up. They nit pick on unimportant issues such "that sweater has a hood attached, wear it again and we will send you home." You are not a person you are a resource to be used as they wish.

Advice to Senior Management

Treat peolple like human beings and with respect

Pros

Excellent compensation and benefits, central locations, lots of internal opportunity, growth, travel possibilities

Cons

many layoffs, incompetent management, continuous change in direction - no focus on business at hand, top heavy (too many VP's)

Advice to Senior Management

pick a project and stick with it, don't hire people if you're going to lay them off, get rid off a few layers of upper management, they are useless.

Pros

Senior Management is awesome. Good vision and execution.

Cons

As with any company, lots of re-orgs. This is part of the evolution of the company.

Advice to Senior Management

It has been a pleasure to work for Fidelity, an experience I would cherish.

Pros

-Plenty of Time off
- Good Pay
-Good Benefits
-If you want to advance with the company , you know how to do it and the management is very supportive.
-Always opportunity for growth
- Loved my Coworkers
- Calm relaxed environment
-Company is very generous with its money (i.e. Upper management always supplying funding for team supervisors to buy their respective teams lunch)

Cons

- Good Ole boy system, Very political.

Advice to Senior Management

Keep doing what your doing

Pros

Promotion Growth
Great benefits
Tuition Reimbursement
Profit Sharing Plan
Great work life balance
Career development
Professional and friendly co-workers
Professional development

Cons

Knowledge is so specialized its not very transferrable out side the company.
Compensation is below the norm

Advice to Senior Management

The firm as a whole has a great plan but there is a lot of overlap in each department.

Pros

- Company adequately links sales performance and monetary rewards
- My manager is awesome, doesn't micro-manage (not many like this though, from what I understand)
- Technology budget is robust which means more state-of-the-art hardware and software
- Privately owned company
- Wide variety of solutions for customers
- Benefits are great

Cons

- Many people you work with have never worked anywhere else, so they only know "the Fidelity way." As a result, from an outsider's perspective, it can be challenging at times to communicate.
- Compensation plans for sales associates changes constantly, some of the changes make no sense.
- Top sales associates will consistently work 50+ hours per week
- Due to the way service is credited under the 401k plan, you will probably have to wait more than 1 year to get company match and profit sharing contributions.

Advice to Senior Management

Keep up the desire to be #1! Hold your managed money product to a higher standard, stop changing the comp plans every year, it leads to some distrust between sales people and senior management.

Pros

Good experience
opportunity to move up

Cons

No relations with management.
Call Center culture overwhelms the company's culture.

Advice to Senior Management

n/a

Pros

Lots of opportunities.
Learn and experience the professionalism.
Good work-life balance

Cons

Need to differentiate between 'Partner' and 'Client'.
confused management decisions.
Politics you will find everywhere.

Advice to Senior Management

Have transparency in management decision.
Execute the already decised plan / workforce.

Pros

Pay, benefits, interesting job assignments

Cons

Management could not decide on the direction of the company in the area I worked in.

Advice to Senior Management

Listen to your employees - they can provide excellent information for setting direction.