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read moreFidelity Investments Inc., commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. It is one of the largest asset managers in the world with $2.46 trillion in assets under management as of March 2018 and a combined total customer asset value number of $6.7 trillion. ref name="https://www.fidelity.com/about-fidelity/fidelity-by-numbers/corporate-statistics" / Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, Index funds, wealth management, cryptocurrency, securities execution and clearance, and life insurance. The company was founded as Fidelity Management & Research by Edward C. Johnson II in 1946. In 1969, the company formed Fidelity International Limited to serve non-U.S. markets and subsequently spun it off in 1980 into an independent entity owned by its employees.
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