Fidelity Investments

  www.fidelity.com
  www.fidelity.com

Fidelity Investments Reviews

Updated October 17, 2014
Updated October 17, 2014
1,861 Reviews
3.7
1,861 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Abby Johnson
4 Ratings

Review Highlights

Pros
  • GOOD work-life balance: very rarely expected to work overtime (in 164 reviews)

  • Great Benefits, Employee friendly, but sometimes overkill with thousands of policies (in 206 reviews)


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

  • Lot of high level (senior management) politics played in a dirty manner (in 70 reviews)

More Highlights

Employee Reviews

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  1.  

    Strongly positive overall experience

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

    I worked at Fidelity Investments full-time (more than 3 years)

    Pros

    Fidelity's strength in its core markets, powerful long-term networks within the company, opportunities to change roles within the firm

    Cons

    Veteran networks can sometimes inhibit change, be protective of their own interests

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great company but no loyalty to their good employees

    • 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 full-time (more than 10 years)

    Pros

    Great pay, benefits, bonuses, PTO. Great opportunities exist if you're the right kind of people and you can avoid the RIFs.

    Cons

    Training is pretty much non-existent - it's sink-or-swim when you're thrown onto a project.

    We're told it's easy to move around and try new things within Fidelity to progress in our careers. I never found this to be true. When I applied to jobs within the xxx division, I was told by the internal recruiters that the hiring manager was looking for candidates who had xxx division experience. It didn't matter that I had over 10 years of valuable experience in Fidelity with plenty of other transferable skills. How is someone supposed to get the xxx experience if you're not given the opportunity?

    Way too many re-orgs and RIFs with the loss of really good people. This leaves others to pick up their work when employees are already overloaded with their own work.

    Frequent changes in managers leads to inconsistent annual reviews and constantly changing goals. It's difficult to know what one has to do to get promoted.

    Advice to ManagementAdvice

    Promote good employees and make them feel valued. Stop the RIFs and keep onshore jobs.

    Recommends
    Approves of CEO
  3.  

    Amazing

    • 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 full-time (less than an year)

    Pros

    Benefits are hard to beat. The culture is results-driven and pretty laid back. Very easy to move around once you're in the company.

    Cons

    Promotions can be pretty rigid, which gets frustrating. Some poeple get promoted without doing anything just because they've been there for a while.

    Advice to ManagementAdvice

    Reward the hard workers with faster promotion schedules.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great Benefits, but less Opportunities

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

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

    Pros

    Great Benefits, Employee friendly, but sometimes overkill with thousands of policies.You many not get monetary benefits, but they may give you back as 401K. Good employer contribution on 401K. Profit Sharing Plan is very attractive.

    Cons

    Techonology wise little behind in adapting. Very strong policy oriented company. Work culture is actually not bad.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Great Company. Great Benefits

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

    I worked at Fidelity Investments as an intern (less than an year)

    Pros

    Fidelity was a great experience for my summer internship. Good pay. Great Benefits. Paid time off. `

    Cons

    The company being private makes it very difficult for things to get done from the higher-ups. Also everything is done for 'The Family"

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    They are nice!

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

    I have been working at Fidelity Investments as an intern (less than an year)

    Pros

    The training program is very effective and the colleagues are smart.

    Cons

    The pace was fast and I had to try very hard to learn new materials.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Great company in the financial services industry, but sometimes slow in making changes

    • 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 full-time (more than 5 years)

    Pros

    Employees are respectful to one another and diversity is definitely something that Fidelity strives to achieve. Career development is strongly encouraged and employees can definitely explore many opportunities in the organization.

    Cons

    Need to put more money and resources into improving the infrastructure for certain channels in the company. Not all divisions are treated equally.

    Positive Outlook
    Approves of CEO
  9.  

    Extremely diverse and challenging company to work for - Fidelity invests in their employees career with the firm.

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

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

    Pros

    Fidelity places a great deal of emphasis on taking care of employees - from the on-site facilities, to health benefits, compensation packages, retirement, promotion of personal development, etc. They are the most employer centric companies I've every worked for.

    Cons

    Depending on department or your work background, it can sometimes be difficult to move between jobs. Also, at times the work/life balance can be lacking.

    Advice to ManagementAdvice

    Management tends to be too reactive to issues at times.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Good professional place to work

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

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

    Pros

    can work here for decades with satisfaction from all angles.

    Cons

    nothing, life goes on and on.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Director of Finance in Covington, KY
    Former Employee - Senior Director of Finance in Covington, KY

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

    Pros

    Long-term perspective, high quality employees, opportunities to grow

    Cons

    Employees feeling of stability can be mercurial due to market/economic ties

    Advice to ManagementAdvice

    Keep a handle on hiring and expense during positive periods in the market/economy so that the trimming on the down side isn't too harsh.

    Recommends
    Positive Outlook
    Approves of CEO

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