Fidelity Investments Institutional Services Reviews in Raleigh-Durham, NC Area

Pros

Good People
Desire to do the right thing for customers
Strong Reputation and Track Record of Success

Cons

Limited Direction
Constant Change that is promoted as the Best Move Possible, when in reality, the projected outcomes have not been well thought out
Office Politics (Don't be fooled)

Advice to Senior Management

N/A

Pros

Good benefits. Good place to learn industry and get licenses or have them pay for your degree.

Cons

Very structured. Never time for career development or time off phones. Constantly answer phones 40-50 hours a week, 30 min break 30 min lunch.

Advice to Senior Management

More development training and career opportunity.

Pros

They do give healthy bonuses and good benefits but all that will go away across the next few years.

Cons

Disorganized, no empowerment of employees, belittling and controlling managers, don't trust skilled people they bring in to do their jobs, micro management, sweat shop.

Advice to Senior Management

Start hiring people managers instead of dictators.

Pros

There really are none. If you are a glutton for punishment go for it. It was by far the worst working experience of my life and I am so glad I left. I had always worked for smaller, entreprenurial type companies where there was real opportunity if you worked hard and could produce. This culture does not exist at Fidelity, at least not in the role I was in. They do have decent benefits so that would be a reason to work there and if you are looking for P/T you only have to work 30 hours per week to be eligible for the benefits (80% paid by Fidelity). They also do have the option of working 4 ten hour days or even 3 ten hour days if you are so inclined so that is something that may be appealing.

Cons

Worst job of my life. Long hard days that are incredibly boring taking call after call and answering the same four or five questions over and over. They micro manage you to the minute (literally) and tell you when to eat or take a break. That might appeal to some but for me that was the first time I had been in such a repressive position. I felt like a slave. And the compensation is terrible. I made more in my first year out of school ten years ago than I made at Fidelity and I am fully licensed (Series 6 and 63). I mainly took the job out of curiosity. I was new to the area (NC) and had never worked for a huge company before so I wanted to see what it was like. Thanks to Fidelity I will never again work for a company with more than 100 employees. To recent college grads......trust me....there is much better opportunities out there and I would run, not walk, from any offer that Fidelity makes you. I had never been miserable in my life until I worked with Fidelity and am so happy that I left.

Advice to Senior Management

None.