What is a typical working day like at Fidelity Investments?

GOOD CULTURE, good workplace, location

commutation , late night calls, counterparts in 2 regions ireland and us west so extended late night calls

Nothing as such to share. Food, cab as same as all firms.

Looks good from outside based on reviews but trust me its not so good. No work life balance its all just a gimmick. Its good for managers as they don't have any work. Work timings are strict and late night calls with weekend support. Lots and lots of long tenured employees who will not move or let you move. Politics is in its DNA right from leadership team to developers. Bell curve is followed and every year they have to ensure that some percentage is fired. Lot of cost cutting happening .Tech stack is latest but you will not get to do anything due to lot of restrictions.

The company offers competitive benefits and valuable training opportunities that support professional development. Furthermore, there is a strong, collective focus on delivering excellent customer service, which is a clear strength of the organization.

I would not recommend this company to anyone seeking a supportive and professional work environment. The core issues stem from senior leadership, which has cultivated a culture of fear and mistrust. · Toxic Culture & Communication: The workplace is characterized by negative and hostile communication. Bullying and gossip are commonplace and often go unaddressed. There is a pervasive lack of respect, making it difficult to feel valued or appreciated. · Counterproductive Management Style: Managers engage in extreme micro-management, severely limiting autonomy and professional growth. Feedback is not provided in a constructive manner; instead, it is unfairly critical, focusing on trivial issues while downplaying significant contributions. This creates a dynamic where employees feel constantly nitpicked and put down. · Lack of Fairness: Favoritism is rampant, and there are serious concerns about the integrity of the performance review process, which appears to be subject to manipulation. Expectations are often unrealistic and shift without clear communication. · Overall, the environment is demoralizing. Your work will be undermined, your efforts will feel unappreciated, and the constant criticism takes a significant toll on morale and well-being.

paid training, foot in the door to financial services industry. decent wages with a lot of caveats that work against you. A lot of my co workers are nice. They also hungry and desperate for jobs so they work here and like me are regularly taken advantage of.

I spend a total of 7 years at Fidelity chasing various roles. I started High Net Worth 1 and then 2, then Relationship Manager and then Wealth Management Associate. A lot of this work is just appeasing crazy angry people who will cursed at you for something outside of your control. The firm has no interest in your well being, they just want rich people with a lot of legacy money to put it into the firm and stay that way. This is why at my various roles the Customer Survey Index score is always the main focus. If client is rude, you need to babysit them. You cant ever been seen as confrontation or rude to client because this is ground for fired. Trust me I was at this firm long enough to see several good workers being fired simply because they do not have babysitting skill. After a few year, this job was more or less sex work to me because it is all about money for someone else's gratification. Eventually I could not take it any more so I secretly take classes at night to become a commercial truck driver. I did not tell anyone at work and just labor away after my shift. The day I turn in my "I quit notice" I was so relieve I no longer have to work at this place. The max they ever paid me was like 90k in a year. I made that much in six months. The chairman share is a scam. They will tell you that this is a meritocracy because it is NOT. There are way for you to manipulate your stats so that you will always be rank as Exceptional performers. A lot of people here do just that. You have to be exceptional to get chairman shares. Even then you have to wait 2 years to cash it out. If you leave early then you lose it.

Overall, not the place it used to be. 1) Total comp with Shares still good. 2) -Smarter people compared to other financial firms where I've worked. 3) Company historically invests in technology, with fewer short-term budget cuts vs. public companies that pull project funding every single quarter. 4) Layoff comp and process generous compared to other financials. My previous employer immediately escorted people out and cut off system access after layoff notification, paid less severance.

I burned out and quit due to: 1) Frequent reorgs. Had 4 managers one year; 2) Overboard on meetings - most of day on Zoom, work at night; 3) Redundancy given squad model. One area doesn't know what other is doing; 4) Agile/scrum too rigid - though maybe changing with the layoffs; 5) Overboard with DEI, political correctness, promoting inexperience. So March 2024 layoffs unfortunate but not surprising. The company overhired and overpaid.