Fidelity Investments, founded in 1946, is a multinational financial services corporation based in Boston, Massachusetts. It is one of the largest asset managers globally, with $4.3 trillion in assets under management as of December 2022.
Known for its diverse range of mutual funds, Fidelity was the first major American finance firm to market mutual funds directly to the public in the 1960s. Key innovations include the introduction of money market funds with check-writing facilities and real-time fund value updates. The company also operates a major brokerage firm and offers retirement plan services.
Fidelity has shown a strong focus on cryptocurrency, launching Fidelity Digital Asset Services in 2018 for institutional cryptoasset custody and trading. It has plans to introduce Bitcoin and Ethereum ETFs, subject to SEC approval. Fidelity is privately owned and has consistently ranked high in customer satisfaction and brand safety. fidelityinvestments is tagged under Finance.
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