Fidelity Investments Reviews in New York, NY

Updated July 20, 2014
Updated July 20, 2014
1,781 Reviews

3.6
1,781 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fidelity Investments Chairman and CEO Edward C. “Ned” Johnson, III
Edward C. “Ned” Johnson, III
750 Ratings

Review Highlights

Pros
  • GOOD work-life balance: very rarely expected to work overtime (in 149 reviews)

  • Being a privately held company has great benefits as well (in 185 reviews)


Cons
  • Work-life balance can be tough given OT expectations 55-65 hours per week (in 42 reviews)

  • Lot of high level (senior management) politics played in a dirty manner (in 68 reviews)

More Highlights

19 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Solid company, truly cares for employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    Appropriate work-life balance, pay is commensurate with experience and how many hours you put it, and company really does take care of employees first rather than work people to the bone

    Cons

    large corporation so it's hard to see all sides of the business; really tough to be a source of institutional change, given the size

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Overall a great place to get started in the Financial Services industry.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative  in  New York, NY
    Current Employee - Financial Representative in New York, NY

    I have been working at Fidelity Investments full-time for more than a year

    Pros

    Management is supportive of personal development.

    Cons

    limited mobility if you don't work near major hubs (boston, westlake, merrimack)

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Live in a box

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investments Representative  in  New York, NY
    Current Employee - Investments Representative in New York, NY

    I have been working at Fidelity Investments full-time for less than a year

    Pros

    Training on what needs to be done to effectively run your own business- For example management of CRM system.

    Cons

    Zero room to think outside of the box. They have a tried a true way of doing things and you are told to do it there way or the highway. Pay is low for the amount of work done.

    Advice to ManagementAdvice

    Don't just promote managers based on relationships.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5.  

    A revolving door

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

    I worked at Fidelity Investments full-time for more than 5 years

    Pros

    Nice customers and coworkers, nice benefits

    Cons

    Branch managers are nothing but "yes" people who humiliate and undermine sales staff. All about selling Fidelity products to everyone or else...

    Advice to ManagementAdvice

    Too much turnover in the branches due to the awful branch managers in place. Listen to the people in the field more.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Was the best company when I first started, times have changed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate  in  New York, NY
    Current Employee - Senior Associate in New York, NY

    I have been working at Fidelity Investments full-time for more than 10 years

    Pros

    There are lots of learning in the form of training and cross-training available. Is an industry leader so it looks good on your resume.

    Cons

    Lots of changes since 9/11, this includes ongoing layoffs and job relocations. Lots of cliques and special treatment for some. Hard to move up and advance for others.

    Advice to ManagementAdvice

    Think more about the employees as human beings and not just numbers. Forcing great employees to resign because they cannot relocate.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Lack of go getters but good people employed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Professional Intern  in  New York, NY
    Former Employee - Professional Intern in New York, NY

    I worked at Fidelity Investments as an intern for less than a year

    Pros

    Great managers, 40 hour work weeks. It wa a great routine to go into work at 830 in the morning. Great manage but the coworker did not seem to share in the verve for work as I did.

    Cons

    People at the company where I worked, treasury, did not see themselves moving forward in careers. They were complacent. Also the wok was monotonous and never changes. Every day was the same.

    Advice to ManagementAdvice

    More comraderie within the office. Not enough teamwork and groups resented one another

  8.  

    A good overall experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Fidelity Investments

    Pros

    The benefits and opportunities to move internally

    Cons

    The compensation is on the lower side

    Recommends
    No opinion of CEO
  9.  

    Frequent org changes

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Analyst  in  New York, NY
    Former Employee - Financial Analyst in New York, NY

    I worked at Fidelity Investments

    Pros

    Good health benefits, work life balance, paid leave.

    Cons

    Layoffs done frequently and piecemeal, decimating employee morale. Frequent talk of moving operations out of state.

    Doesn't Recommend
    Disapproves of CEO
  10.  

    A good run, but not enough opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Fidelity Investments

    Pros

    Great Brand
    Privately Owned
    Good Work/Life Balance
    Managers are level-headed, in general
    People go elsewhere and often come back after getting promoted at other companies.

    Cons

    Lack of Diversity
    Communication is need to know only; lack of inclusion in decision-making
    Even with strong managerial support, promotions are difficult

    Recommends
    No opinion of CEO
  11.  

    It's a great place to work, in spite of what others might say.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Managing Director  in  New York, NY
    Current Employee - Managing Director in New York, NY

    I have been working at Fidelity Investments

    Pros

    I've been working at Fidelity for 6 years and it's still a great place to work. Senior Management does sincerely seem to care about you and help you succeed. The benefits are awesome and the people are great. All in all, it's a dream job: challenging, interesting, and rewarding.

    Cons

    I wish we could keep good talent at the senior level. It seems there's a lot of turnover at the top.

    Advice to ManagementAdvice

    Change is good but not too often and only if it's truly more efficient or saving the company money. Don't change for the sake of change.

    Recommends
    Approves of CEO

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