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Fidelity Investments (FMR LLC), founded in 1946 and headquartered in Boston, Massachusetts, is one of the largest global investment firms. As of March 31, 2025, it managed $5.9 trillion in assets and administered over $15 trillion in client assets. The firm serves over 51 million customers and administers 401(k), 403(b), and retirement plans for 29,900+ employers. In fiscal 2024, Fidelity earned $32.7 billion in revenue (↑16%) and $10.3 billion in operating income (↑21%). Products include mutual funds, ETFs, brokerage services, wealth management, and proprietary technology platforms. Recent innovations include expanding Fidelity's ETF lineup in Europe and launching Fidelity Crypto® for IRAs.
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