Updated:
Fidelity Management & Research Company
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC is an SEC-registered investment adviser in Boston, MA, since 1971. The firm manages $5.7 trillion in assets.
Fidelity Management & Research Company
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC is an SEC-registered investment adviser in Boston, MA, since 1971. The firm manages $5.7 trillion in assets. It has 1427 employees and 744 investment advisers.
General information
Firm type
Asset Manager
Year founded
1946
AUM
$5.78 trillion (per the firm, year-end 2024)
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Additional offices
Merrimack, NH · Durham, NC · Smithfield, RI · London, UK · Tokyo, Japan · Hong Kong, China · Singapore · Sydney, Australia · Toronto, Canada · Mexico City, Mexico
Principals
Abigail Johnson
Chairman and CEO
Jennifer Greetham
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Fidelity?
Investment decisions are made by a team of portfolio managers and analysts under Chief Investment Officer Jennifer Greetham, appointed in 2024. CEO Abigail Johnson sets overall strategy, but individual fund managers have autonomy within guidelines. The firm emphasizes research-driven stock and bond selection (per Bloomberg, 2024).
How is Fidelity structured—single family office or asset manager?
Fidelity is a privately held asset manager controlled by the Johnson family through FMR LLC. It is not structured as a family office; it is a regulated financial services firm offering mutual funds, ETFs, brokerage, and wealth management to the public. The family's wealth is tied to its ownership stake, not an office managing personal capital.
What investment stages does Fidelity target?
Fidelity primarily focuses on public market equities and fixed income. It offers both active and passive strategies across large-cap, mid-cap, small-cap, international, and sector funds. It also provides money market funds and a growing ETF lineup. It has a venture capital arm, Fidelity Ventures, but its core is public-market investing (per the firm).
Where does the Johnson family wealth come from?
The Johnson family wealth originates from the founding of Fidelity Management & Research by Edward C. Johnson II in 1946. The family holds a majority voting stake in FMR LLC, which controls Fidelity's roughly $5.78 trillion AUM. The family's fortune is estimated by Forbes at over $30 billion, largely tied to the firm.
Does Fidelity have a philanthropic foundation?
Yes, the Fidelity Foundation was established in 1965 by the Johnson family. It focuses on arts, education, and health initiatives. Separately, the family operates the Barr Foundation, chaired by former Senator Richard Gephardt, though not directly part of Fidelity. The foundation is funded by the family, not the company.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: