Fidelity Investments Reviews in Boston, MA | Glassdoor

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Fidelity Investments Boston Reviews

Updated January 18, 2018
653 reviews

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Boston, MA Area

653 Employee Reviews

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Pros
Cons
  • Work/life balance tough to maintain (in 159 reviews)

  • Call center style of employment for most jobs (in 197 reviews)

More Pros and Cons

  1. "Great Starting Experience"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    Pros

    Great place to start your career

    Cons

    Very corporate and structured system


  2. Helpful (1)

    "Good place to grow, then go."

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Generous tuition benefits, room to grow

    Cons

    Somewhat soulless, hard to innovate, hierarchical.

  3. Helpful (6)

    "Catch 22 - Internal movement limited to deep subject matter expertise, but want to move to grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Boston, MA
    Current Employee - Director in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Profit Sharing
    401k match
    Private company - no earnings expectations with the street

    Cons

    Fidelity's biggest competition is internal. Siloed businesses only interested in their vertical.
    Culture wants speed and execution, but risk taking and failure is not an option.
    Everyone wants 100% of data and details before decisions can be made - nothing truly agile.

    Advice to Management

    Senior managers and leaders regurgitate best practice whitepapers and buzzwords and think it is leadership.
    Leaders say the right things, but actions do not come close to supporting.
    Stop looking for perfection before making decisions.


  4. "Many opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst and Software QA Engineer in Boston, MA
    Former Employee - Business Analyst and Software QA Engineer in Boston, MA
    Recommends
    Approves of CEO

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

    Pros

    I held several positions within Fidelity and enjoyed all of them. Management and employee development is important to the company, and Fidelity offers great growth opportunity. Most of the managers I came in contact with are professional, fair. Everyone is expected to work hard - many days I worked very long hours to meet deadlines. The pay was much better than average, and the benefits, and career and personal development opportunities were excellent.

    Cons

    I didn't find anything that I disliked.


  5. "Fidelity was awesome place to work"

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

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

    Pros

    Co-workers are professionals committed to superior quality in all that they do

    Cons

    If you aren't someone who likes a fast paced, dynamic work environment, you may not like it there

    Advice to Management

    Keep up the good work!


  6. "Senior risk analyst"

    StarStarStarStarStar
    • 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
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great pay and benefits packages

    Cons

    Lots of reduction in force layoffs happening across the company

    Advice to Management

    Try harder to keep you senior more proficient people


  7. Helpful (4)

    "Going through big changes, but slowly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Boston, MA
    Former Employee - Vice President in Boston, MA
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Fidelity generally treats its people very well. Great benefits, very competitive pay, generally decent culture.

    Cons

    Far too many people have worked there 20 years or more, with little outside experience. Privately (family) held, difficult to advice for new ideas. Small circle of leaders close to Abby Johnson has too much influence. Difficult to do anything new or quickly. Very risk averse culture.

    Advice to Management

    Abby is not the visionary risk taker that the Chariman was. She is trying, but while her analytical focus is excellent for managing a business, it is not very effective at leading it. Fidelity will be disintermediated by more nimble competitors if it does not reinvigorate its approach soon.

  8. Helpful (1)

    "Bully Culture/Old School"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Technology Manager in Boston, MA
    Former Employee - Senior Technology Manager in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great Pay and benefits were progressive.

    Cons

    Bully culture and old school top down management teams in place. Experienced it first hand from senior leadership across company.
    Constant time spent on identifying areas of innovation/new business ideas but nothing comes from it.

    Advice to Management

    Take a hard look at the management teams in place and the culture they support. Abuse of power and bully culture is very prevalent in the senior Mgmt and HR leadership ranks. Also examine the reward structures that provide incentives for managers to maintain the status quo vs being innovative.


  9. "Great Experience at Fidelity"

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

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

    Pros

    Great place to work awesome people great location

    Cons

    I had a great time here no cons


  10. "Industry leader"

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

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

    Pros

    Work life balance, great benefits, brand recognition, innovative leadership, acts in the best interest of the customer.

    Cons

    red tape, approvals and project related delays


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