This article may require cleanup to meet Wikipedia’s quality standards. Fidelity, is a multinational financial services corporation based in Boston, Fidelity investments fidelity investments. 4 trillion in assets under management as of December 2017. In 1997, Robert Pozen was named CEO.
In 2010, Fidelity Ventures, its venture capital arm, was shut down, and many of the employees created Volition Capital. Its current manager is Jeffrey Feingold, who also manages the Fidelity Trend Fund. It was previously managed by Ned Johnson from May 2, 1963 to Dec. Fidelity Investments operates a major brokerage firm and has investor centers in over 140 locations throughout the US.
Through its subsidiary, National Financial Services LLC, Fidelity Investments provides services to its correspondent broker-dealers, institutional investment firms and registered investment advisors including brokerage clearing and back office support and a suite of software products for financial services firms. 32 billion in total defined contribution assets, as of 2015. The company’s Devonshire Investors arm is a division that gives the owners of the company the ability to make other investments outside its funds. Assets include Veritude, an employment agency for jobs at Fidelity. The company has been a major investor of real estate, owning the Seaport Center and 2.