Fidelity Investments Reviews

Updated July 29, 2015
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3.6
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Recommend to a friend
Approve of CEO
Fidelity Investments CEO Abby Johnson
Abby Johnson
274 Ratings

Pros
  • Work/life balance very important to company (in 166 reviews)

  • Great company with great benefits (in 210 reviews)

Cons
  • Company expects all dedication to work with little regard to work/life balance (in 52 reviews)

  • senior management (good or really bad) trumps everything (in 70 reviews)

More Pros and Cons

2,328 Employee Reviews

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  1. Featured Review

    Helpful (11)

    Constant opportunity for development and growth for those who want it

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

    I have been working at Fidelity Investments full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Large, privately held firm with values that are reinforced at all levels of leadership. Career opportunities are ongoing and the vast majority of people at the firm will help you progress if you're willing to do the work. Fidelity provides exceptional benefits with options based on personal needs and various family situations. While pay and bonus structures are sometimes criticized, being patient will pay off for those who are willing to wait.

    Cons

    Fidelity retail is open 24 hours, causing scheduling conflicts for some candidates Career tracks within the firm can be limited due to licensing requirements, or lack of licensing flexibility in the groups

    Advice to Management

    Continue listening to the people talking with the customers. Review the regional pay practices more often, especially during tight labor markets in order to attract and retain the best and brightest.


  2. Helpful (1)

    Great Company! Little room to grow

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Software Engineer/Developer in Haltom City, TX
    Current Employee - Software Engineer/Developer in Haltom City, TX

    I have been working at Fidelity Investments full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good management. Work and life balance are amazing.

    Cons

    I have been asking to learn CICS since my beginning of working here. I have been given 0 opportunity to expand my knowledge in the mainframe world outside of batch.


  3. Relationship Manager

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

    I have been working at Fidelity Investments full-time

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Freedom to work on your own terms.

    Cons

    Support roll so not an important part of the office environment.

    Advice to Management

    Bonus should be tied to success of rep supported.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (3)

    Good Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Analyst in Cary, NC
    Current Employee - Systems Analyst in Cary, NC

    I have been working at Fidelity Investments full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Amazing benefits, good work/life balance, nice coworkers, decent work flexibility (working from home allowed), immediate management is good

    Cons

    Awful base salary for industry, lots of politics/bureaucracy, not enough upward mobility, upper management is awful at engaging with employees/providing good career growth opportunities, working for the company for a long time is actually worst than leaving and coming back as your base salary will not increase to keep up with the market

    Advice to Management

    Need to promote based on merit and not friendships, need to reward loyal employees via higher raises in base salary


  6. Helpful (1)

    Solid salary, great benefits and hard-to-beat work/life balance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Durham, NC
    Current Employee - Software Developer in Durham, NC

    I have been working at Fidelity Investments full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    401(k) profit sharing plan appears unequaled, benefits truly show that employees are valued, salary is solid and the work/life balance is one of the biggest perks.

    Cons

    Can only speak for IT, but management has demonstrated a remarkable disconnect with employees and created confusion and discontent with some of their most valuable employees through poor and inexplicable promotion and assignment decisions.

    Advice to Management

    1. If two reports' performance seems similar, it probably is. Making permanent decisions that reward the louder self-promoter might not always be the wisest choice. 2. If you know that the team does not have sufficient challenges/opportunities for a report, help that person to make a career-enhancing lateral or upward move to another team. This does not weaken your team, but strengthen it by creating a positive dynamic.


  7. Helpful (6)

    Great place to work but......

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Project Manager in Smithfield, RI
    Current Employee - Technical Project Manager in Smithfield, RI

    I have been working at Fidelity Investments full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Competitive salary and can provide great experience. I worked in several different groups including workplace investing, brokerage operations and technology and have been very happy working in my current role.

    Cons

    Focuses too much on younger talent instead of looking at those with experience. work/life balance is good but can be detrimental if you want to move up. People without families are able to participate in after work socializing and are able to mingle with senior managers whose kids are grown up. As a result, those of us with families tend be left behind those who are single and can go out and drink with the V.P.s and get moved ahead.

    Advice to Management

    Look beyond those who are in their twenties.....people in their 40's still have much to offer. If you are a V.P. Then say hi to all of the people who work in your group. Don't just chat with the younger talent and interns.


  8. financial associate

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    work-life balance, great benefits,

    Cons

    Politics in career advancement, better compensation


  9. Best in the industry

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

    I have been working at Fidelity Investments

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fidelity does a top-notch job in developing their associates. You have unlimited opportunity if you are committed and driven. Their benefits program is fantastic, with a 7% 401k match! I know I will be able to find any role in my future career path at this firm.

    Cons

    If you are in the branches, you are putting the customer first, which can make work/life balance challenging. Only certain roles have the ability to work remotely, and often early morning meetings require 9-10 hr workdays

    Advice to Management

    Continue being transparent to your employees; giving them exposure and access to senior leaders, and investing in individual development.


  10. Programmer

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

    I worked at Fidelity Investments

    Pros

    Challenging work, and great people to work with

    Cons

    Frequent turnover of management creates an unstable environment.


  11. Helpful (1)

    Engineering Position

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Principal Software Engineer in Smithfield, RI
    Former Employee - Principal Software Engineer in Smithfield, RI

    I worked at Fidelity Investments full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I loved the people with whom I worked, they are a smart and talented group.

    Cons

    The culture is a bit straight-laced especially when compared to newer companies run by generation X or younger people. Also, it's a mutual fund company first and foremost. The company has a history of technical innovation but they aren't a tech company so it seems like technical teams are hit hard when the markets contract.

    Advice to Management

    Modernize the culture, even the business casual dress code is out of date!



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