Fidelity Investments - Great firm for a career in financial services | Glassdoor
There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

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"Great firm for a career in financial services"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Account Executive in Washington, DC
Current Employee - Account Executive in Washington, DC
Recommends
Neutral Outlook
Approves of CEO

I have been working at Fidelity Investments full-time (More than a year)

Pros

Compensation seems fairly structured to reward performance. Company has a great nationwide presence, excellent brand and reputation, and comprehensive financial product and service lineup to meet nearly any client's needs.

Cons

As with most large firms, there is bureaucracy. Complex service issues take too long to resolve. Upper management seems to take too long to process and implement feedback from reps. Some services, such as in-house managed money, have a lot of room for improvement.

Compensation structure for branch reps (account executives) is skewed too heavily at short term performance rather than long term.

Overall, if you work in a branch, the quality of your work environment depends largely on your manager and his / her boss. Some are micro-managers who have no perspective and others a great people.

Advice to Management

Solicit feedback from reps on everything to their feelings about management to compensation to products and services. Let the reps know you understand their views and what you are going to do about it.

Other Employee Reviews for Fidelity Investments

  1. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Salt Lake City, UT
    Former Employee - Senior Software Engineer in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible, good pay, excellent benefits. They are extremely focused on their customer, which makes the company successful. Everyone I worked with was nearly always very professional.

    Cons

    Lots of politics, very slow to advance employees, overly value soft skills in technical employees. They say that at Fidelity you're rewarded for what you do but my experience was that its at least half due to your political skill, as it is with many large companies.

    Advice to Management

    People need to feel valued and properly compensated for their work.


  2. Helpful (2)

    "Highly political, bureaucratic environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Westlake, TX
    Current Employee - Business Analyst in Westlake, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Fidelity Investments part-time (More than a year)

    Pros

    Fitness reimbursement; online training courses

    Cons

    You're position is not "confirmed" until after your 1 year anniversary but HR does not tell you that, until then, watch your back, they will look for ways to make your life miserable enough to make you want to quit or give an excuse you don't deserve a bonus. Full of bureaucracy, unless you're in the "in" crowd, you're pretty much on your own.
    The workplace is like the Olympics, employees compete with each other to reach the gold medal, Don't expect you will get the kind of support you need from your peers or manager, it's not for the faint hearted.

    Advice to Management

    Please keep track of how your managers are running their department and their areas of responsibilities.


There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

See Most Recent

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