Fidelity Investments Reviews in Boston, MA | Glassdoor

Fidelity Investments Boston Reviews

Updated May 25, 2017
608 reviews

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608 Employee Reviews

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  1. "FCCS Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Afa in Boston, MA
    Former Intern - Afa in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great Staff, Excellent area in Boston, Good management, Extremely well done events.

    Cons

    Highly matrixed orginizational structure prevents employees from rising up though ranks. No vision showed to interns about where their career could go.

    Advice to Management

    Be able to communicate why Fidelity would help you grow, be open to new ideas about the way forward, update offices to create a more open environment, dont forget about the people in south boston office...


  2. Helpful (1)

    "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    benefits, culture, privately owned company means we take a long term view.

    Cons

    base pay (but bonus and share payouts more than compensate), can be slow-moving (initiatives take a long time)

    Advice to Management

    Make decisions more quickly and decisively.


  3. Helpful (4)

    "Not what it seemed"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Boston, MA
    Former Employee - Software Engineer in Boston, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    -College graduate training program was great and well coordinated
    -Decent work life balance
    -Good cafeteria food and coffee
    -Some teams seem to be working on interesting products

    Cons

    After we were placed in our respective roles after the training program, the cons outweighed the pros, though I'm sure people's mileage varied across such a large company. The compensation here for software engineers is not at all competitive, especially for those living in high COL areas ie. Boston - the numbers on glassdoor are accurate. The initial job can be alluring with the company preaching high percentage 401k matching and strongly implied "growth", but it does not at all offset the low base pay for engineers (the match btw which takes 5 years to fully vest).

    In terms of the actual job as a developer, existing process management is a hinderance to say the least. I was spending half of my time creating support tickets and coordinating with members of support teams to get very simple tasks done. Not at all the fault of those teams, but more so the umbrella management processes that are set in place. I found that I could not get much meaningful done as an engineer because every step required either multiple approvals or support tickets.

    Advice to Management

    -When you ask for advice from your team on how to improve and your team responds, take that advice seriously.
    -Fix your compensation structure to match market rates for engineers.
    -Improve management processes to allow engineers to better do their jobs. Trust in your devs.
    -Be honest and don't bait-and-switch your employees with raises and promotions.


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  5. Helpful (1)

    "Excellent Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Boston, MA
    Current Employee - Analyst in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Smart people, outstanding culture, plenty of room for growth

    Cons

    High performance standards/management demands excellence


  6. Helpful (1)

    "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Boston, MA
    Current Employee - Financial Representative in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Awesome high benefit great training an opportunity for entry level job.
    Able to take license exams while working .
    Flexible work hours.

    Cons

    Low wages long hours and office politics. Difficult to get job promotions.
    Interview process lengthy . No quick response time to application.

    Advice to Management

    None


  7. "VP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Sales in Boston, MA
    Former Employee - Vice President Sales in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great environment to grow and diversify.

    Cons

    A change in strategy may have you out in the cold with no plan B

    Advice to Management

    Continue to mentor high potential people.


  8. "Great Firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Analyst in Boston, MA
    Current Employee - Research Analyst in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture, smart people, very thoughtful management team

    Cons

    Many responsibilities to balance early on


  9. Helpful (5)

    "work hard, sometimes get rewarded, but don't expect pay increases"

    Star Star Star Star Star
    • 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 full-time (More than 10 years)

    Pros

    - very generous retirement benefits
    - flexible work schedules/work from home arrangements for most associates
    - dedicated support of communities where it has offices and an equally committed base of volunteers in each location

    Cons

    - there are some absolute tyrants in leadership roles.
    - pay raises are negligible or non-existent. Ridiculous in a company with such profits.
    - they want world-class programs and services to attract talent but nickel & dime the budgets so they cannot compete.
    - if you're not a people manager you're considered less valuable to the company


  10. "The Importance of Design"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - User Experience Designer Intern in Boston, MA
    Former Intern - User Experience Designer Intern in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The culture at Fidelity is very friendly and immersed. Everyone knew each other on a first name basis and there are tons of in house designers. I personally never expected a financial company would value design as much as Fidelity did. It was a pleasure working for a company who cared about their users more than themselves.

    Cons

    Hard to get ahold of manager sometimes because of large volume of meetings.


  11. Helpful (2)

    ""I'm going to make your job very difficult" - everyone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Software Engineer in Boston, MA
    Current Employee - Associate Software Engineer in Boston, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Fidelity Investments (Less than a year)

    Pros

    Strong work/life balance,
    Nice coworkers,
    Beautiful offices

    Cons

    Poor middle management
    Uninteresting technical work
    Old technology
    Painful processes
    "Not my job" attitude
    Endless meetings

    Advice to Management

    Don't let your engineers be responsible for poor requirements


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