FMR LLC (Fidelity Investments)

Fidelity Investments is an American financial services company established in 1946, with its headquarters located at 245 Summer Street in Boston, Massachusetts. The company's core business is centered on investment management, brokerage services, and retirement planning, with a mission to help customers achieve their financial goals.

Fidelity offers a comprehensive suite of financial products and services catering to individuals, employers, wealth management firms, and institutions. Its offerings include mutual funds, exchange-traded funds (ETFs), index funds, IRAs, 401(k)s, 529 plans, annuities, life insurance, transaction accounts, credit cards, and crypto investment options. The firm is recognized as a significant provider of 401(k) plans and manages employee benefit programs for a large number of businesses.

As one of the world's largest asset managers, Fidelity Investments oversees trillions in assets under management (AUM) and assets under administration (AUA). Abigail Johnson leads the company as CEO and Chairman. Recent developments include updates on fund terminations by Fidelity Investments Canada, the expansion of offerings for family savings accounts such as Trump (530A) Accounts, and the introduction of new ETF share classes and active enhanced ETFs. Notably, Fidelity remains privately held, primarily by the Johnson family and its employees, distinguishing it from many publicly traded competitors and affording it greater control over its long-term strategic direction.