Fidelity Investments reviews

4.1

78% would recommend to a friend

(18,472 total reviews)
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Abby Johnson

83% approve of CEO

77% positive business outlook

Fidelity Investments has an employee rating of 4.1 out of 5 stars, based on 18,472 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Fidelity Investments employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

18K reviews
4.0
Sep 28, 2023
Recommend
CEO approval
Business Outlook

Pros

1.) About 20 PTO days, benefits, lots of perks like a concierge you can call to help with anything. 2.) My managers were very good at communicating and looking out for my mental health. I was going through licensing for a call center role and was getting a little burnt out. One of my managers even had a real talk with me about how hard the role was and supported my decision to leave the company. The managers are the real gems.

Cons

1.) Fidelity requires associates to be in one week every month. Though it was nice to work from home most of the time, the in office week was required and NOT flexible. Sometimes I had to use my PTO days because I was sick and couldn't make it to the office. I would rather be in the office any 5 days of my choosing. 2.) Licensing is hard. Many people left because they couldn't pass the tests (including me). I was in training long enough to see what my role looked like after licensing and it only gets harder. 2.) If you're in the CRA role, please read this first. Do you really want to stay in a job where it's just one call after the other, no idea what it's going to be about, no idea if the client is going to scream at you, and thrown into it without any real training? Fidelity training is very long but does not go over every scenario there is; they expect you to know 100 things while doing something as simple as phone calls. Most of them were password resets or transfers to branches and while most clients were very pleasant, there were some that were outright abusive. I don't blame them as it's managing their money but some could ruin your day. I would not doubt it if my role was completely taken over by AI in a few years. Licensing was fine but once you get to the job it is very overwhelming and exhausting. I knew some coworkers who said that it was very stressful learning so much while also not knowing everything. There just isn't enough time fit everything in your schedule. This was what my day was like when taking calls for two weeks: - 8am: 30 minute team meeting (sometimes this was at 4:30 depending on schedule) - 8:30am: start calls for the day - 10:30am: take 15 min break - 12pm: break for lunch - 1pm: start calls again - 3:30pm: take 30 minute break - 5pm: end day I could take a 45 min break which is measured to the minute while lunch after training is only a half hour. Your whole day will just be phone calls. On my worst day I took about 40 but I've known people who took 60. Even just two days on the phones burnt me out so much.

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Fidelity Investments Response
2y
Thank you for taking the time to share your experience with us. We are committed to consistently listening to employees and improving their experience at Fidelity. If you would like to reach out to us, please call 800-835-5099 Prompt 2, 4, then 1. We appreciate the opportunity to hear from you.
1.0
Aug 1, 2023
Recommend
CEO approval
Business Outlook

Pros

Benefits were great! The profit sharing each year was awesome and after 10 years of employment I had a nice medical fund where they put $3200 a year into.

Cons

When I started at Fidelity it was a great place to work, the culture was amazing, people were celebrated and you felt appreciated for your hard work. However, once Abby took over the company from her father, all that changed. Getting rid of people over 55 was clearly a high priority, everyone was overworked, appreciation went out the window and I felt like just a number. There was no such thing as work life balance. I would not recommend this company to anyone. I left 5 years ago and never looked back. Although I was there for 13 years, I hardly know anyone that still works there from when I was there.

1.0
Dec 4, 2022

Good Company, Bad People

Recommend
CEO approval
Business Outlook

Pros

Pays well. Great benefits. Willing to make changes to remote style work opportunities.

Cons

Bad management and promotion opportunities for people of color. They claim diversity, equity, and inclusion but privately do not back their public statements. This is a very East Coast mentality that doesn't necessarily work in Texas or other regions of the company. You will not advance with true input if you are black or brown. People stay because of the benefits. Otherwise, a job that you would definitely leave ASAP.

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Fidelity Investments Response
3y
Thank you for taking the time to share your personal experience with us. We are committed to improving the associate experience for all Fidelity team members in every geography where we have a presence. This includes improving diversity in our workforce at all levels. We would like to learn more from you, so we can help create better experiences for those who choose to share their time, skills and abilities with us. If you are willing to speak with a member of our team, contact us at: 800-835-5099 Prompt 2, 4, then 1.
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