BrokAIr Reviews

Fidelity Investments Review

"Fidelity Investments has been known to offer some of the most competitive and cost-effective trading fees, but is it really worth it when there are other brokerages that offer a larger variety of tradable assets?"

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Overview of Fidelity Investments

Fidelity Investments is a privately owned financial services company founded in 1946 by Edward C. Johnson II. The company has served millions of customers over the years, and has grown to become one of the largest financial services companies in the world. Fidelity Investments provides a wide range of services, including investment management, brokerage services, retirement planning, and more.

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Public Opinion

Public opinion of Fidelity Investments is overall quite positive. Customers often praise the company for its customer service and satisfaction. Some customers have also noted that the fees associated with Fidelity’s services are competitive when compared to other online brokerages. On the other hand, some customers have noted that the company’s trading platform can be difficult to use for beginners, and that the fees may be higher than other online brokerages.

Newsworthy Events

In December 2020, Fidelity announced that it had acquired eMoney Advisor, a provider of integrated wealth management software solutions. In January 2021, Fidelity launched its new "Fidelity Money Market Fund" which offers investors a low-cost option for investing in money market funds. In February 2021, Fidelity was named as one of the top 10 best online brokers by Investopedia. In March 2021, the company announced that it had launched a new "Fidelity Funds" platform which allows customers to access more than 2,000 funds from more than 300 fund families through one platform.