About Fidelity

Fidelity Investments is a global financial services company offering investment management, retirement planning, brokerage services, wealth management and other financial products. Founded in 1946 by Edward C. Johnson II, the company has grown to become one of the largest asset managers in the world with more than $2 trillion in assets under management. Fidelity provides financial advice and guidance to individuals and businesses with offices around the globe.

How Does Fidelity make money on my account?

Fidelity makes money from its customers mainly through commissions paid for trading stocks and exchange-traded funds as well as fees charged for its various services such as mutual fund trades and cash sweeps. Additionally, Fidelity earns interest on any uninvested cash balances held in customer accounts.

Why do people use Fidelity?

People use Fidelity for many reasons, including its comprehensive range of financial services and tools, low cost trading fees, research capabilities, retirement planning advice and customer service. Additionally, the company offers a wide selection of mutual funds as well as various investment options for different types of investors.

How trustworthy is Fidelity?

Fidelity has an excellent reputation when it comes to investor trustworthiness. The company has been in business for more than 70 years and has earned numerous awards from top publications such as Barron’s and Kiplinger’s. Furthermore, Fidelity employs experienced professionals who are dedicated to helping customers reach their financial goals with confidence.

Is Fidelity good for beginners?

Yes, Fidelity is a great choice for beginners as it offers many resources that can help novice investors understand the basics of investing. The company’s educational materials and customer service team are available to guide customers through their financial journey while they build their knowledge base. Additionally, Fidelity has low cost trading fees which makes it easier for beginners to start investing without having to worry about high costs.