Fidelity Investments - Highly political, bureaucratic environment | Glassdoor
There are newer employer reviews for Fidelity Investments
There are newer employer reviews for Fidelity Investments

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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.

Other Employee Reviews for Fidelity Investments

  1. "Great opportunities, high quality people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director of Communications in Boston, MA
    Former Employee - Director of Communications in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Fidelity Investments full-time (More than 8 years)

    Pros

    Resources, people, internal advancement, facilities. This is a great place for self-starters who are smart, aggressive and politically savvy.

    Cons

    Very insular culture. Lots of red tape. Challenging to innovate in most areas. Quite conservative. Internal business units often fight amongst one another. Do not expect a lot of career development/talent nurturing training - people are much too busy here for that. You have to take it on yourself to learn and move forward here.


  2. Helpful (2)

    "Great if you have never worked anywhere else and do not plan on working anywhere else."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Client Specialist in San Francisco, CA
    Former Employee - Private Client Specialist in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    GREAT for young people just out of college looking to get their feet wet in the Financial Services Industry. They give plenty of support to new and untrained/inexperienced employees.

    Cons

    If you have EVER worked outside the firm before joining, you will be extremely surprised at some of the cultural differences. You really have to drink the kool-aid and conform if you want to stay happy. Really nice people, yet the firm is in a distinct identity crisis about who/what they want to be. They can't seem to get passed the notion that if you want to have a "relationship" that means relationship, not buy our products (proprietary funds, managed accounts and annuities)

    Advice to Management

    If you want people to manage relationships, train them on how a relationship should be managed, not: Buy our Funds & Annuities though I have too many clients and not enough experience to actually answer relationship questions that I will push you off to someone else...


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

See Most Recent

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