About Fidelity Investments · Boston
Fidelity Investments is a major American financial services company specializing in investment management, retirement planning, and brokerage services. It was founded in 1946 and has grown into one of the largest investment firms in the world, serving millions of individual and institutional clients. The company is known for its Magellan Fund, managed by Peter Lynch, which achieved extraordinary returns and became the best-performing mutual fund in history. Fidelity also offers a wide range of financial products and tools designed to help individuals manage their money, plan for retirement, and invest wisely.
Fidelity Investments, headquartered in Boston, Massachusetts, provides comprehensive financial services including mutual funds, retirement accounts, brokerage, and investment advisory. Founded in 1946, it has evolved into a global leader in financial technology and customer service. Its flagship product, the Magellan Fund, managed by Peter Lynch from 1977 to 1990, delivered an average annual return of 29.2%, outperforming the S&P 500 and growing assets from $18 million to $14 billion. Fidelity also supports educational and charitable initiatives, including Catholic schools through philanthropy. The company serves clients across the United States and internationally, offering tools for retirement planning, tax-efficient investing, and personalized financial advice.
- In business
- Since 1946
- Owner
- Not specified in provided text
- Serves
- United States and internationally
About Fidelity Investments
Founded in 1946, Fidelity Investments is a global leader in financial services, offering investment management, retirement planning, and brokerage solutions to millions of clients. Known for its commitment to customer service and innovation, Fidelity has built a reputation for helping individuals achieve their financial goals through accessible, technology-driven tools.
Services Offered
Fidelity provides a wide range of financial products and services, including mutual funds, retirement accounts, brokerage platforms, and personalized financial planning tools. Their investment advisory arm, Fidelity Management and Research, has a legacy of excellence, most notably through the Magellan Fund managed by Peter Lynch.
Notable Achievements
Under Peter Lynch’s leadership, the Magellan Fund delivered an average annual return of 29.2% from 1977 to 1990, outperforming the S&P 500 and growing assets from $18 million to $14 billion. Lynch’s investment philosophy, including 'invest in what you know,' has influenced generations of investors.