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Fidelity Investments
FMR LLC, doing business as Fidelity Investments, is a privately held U.S. financial services firm headquartered in Boston, Massachusetts. Founded in 1946 by...
Fidelity Investments
FMR LLC, doing business as Fidelity Investments, is a privately held U.S. financial services firm headquartered in Boston, Massachusetts. Founded in 1946 by Edward C. Johnson II as Fidelity Management & Research to advise the Fidelity Fund, the company has grown into a diversified provider of asset management, brokerage, retirement plan services, wealth management, and digital asset solutions serving individuals, employers, wealth advisors, and institutions (per About Fidelity). As of March 31, 2026, Fidelity reported $17.9 trillion in assets under administration and $7.0 trillion in managed assets (per Q1 2026 Business Update). For full-year 2025, the firm recorded revenue of $37.7 billion (up 15% year-over-year), operating income of $12.7 billion (up 24%), and managed assets of $7.1 trillion as of December 31, 2025 (per 2025 Annual Report). Employing over 80,000 associates with 215 U.S. Investor Centers and operations across multiple countries, Fidelity emphasizes technology innovation, customer service, and product expansion including ETFs, managed accounts, and crypto offerings. Leadership is headed by Chairman and Chief Executive Officer Abigail P. Johnson, with Kevin Barry serving as Chief Financial Officer. The firm remains focused on long-term customer financial well-being while scaling digital capabilities and diversified businesses (per 2025 Annual Report and official updates).
General information
Firm type
Generic
Year founded
1946
AUM
$7.0T (Q1 2026)
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, Massachusetts, United States
Principals
Abigail P. Johnson
Chairman and Chief Executive Officer
Kevin Barry
Chief Financial Officer
Robert Adams
Executive Vice President, Chief Operations Officer and Head of Operations & Services Group
Frequently asked questions
What is Fidelity Investments' most recent reported assets under management?
As of March 31, 2026, managed assets totaled $7.0 trillion, with assets under administration at $17.9 trillion (per Q1 2026 Business Update on about.fidelity.com).
When was Fidelity Investments founded and by whom?
Fidelity was founded in 1946 by Edward C. Johnson II as Fidelity Management & Research to serve as adviser to the Fidelity Fund (per About Fidelity official history).
Who is the current CEO of Fidelity Investments?
Abigail P. Johnson serves as Chairman and Chief Executive Officer (per 2025 Annual Report and Q1 2026 Business Update).
Where is Fidelity Investments headquartered?
The firm is headquartered in Boston, Massachusetts, at 245 Summer Street (per official website disclosures and annual report).
What are Fidelity's primary business lines?
Fidelity provides investment management (mutual funds, ETFs, managed accounts), brokerage, retirement and workplace benefits, wealth management, and digital assets solutions to retail, institutional, and intermediary clients (per About Fidelity and annual report).
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