How Long Has Fidelity Been in Business?

Fidelity Investments, a multinational financial services corporation, is one of the largest asset managers in the world. The company has a rich history and has played a significant role in the financial industry. Understanding the timeline and milestones of such an influential company provides insight into its growth and impact over the years.

How long has Fidelity been in business? Fidelity Investments was founded in 1946 by Edward C. Johnson II. Since its inception, the company has grown exponentially, providing a wide range of financial services, including investment management, retirement planning, and brokerage services. With a history spanning over 75 years, Fidelity has established itself as a trusted name in the financial sector.

Early Years and Growth

In its early years, Fidelity focused primarily on mutual fund management. The company launched its first mutual fund, the Fidelity Fund, in 1947. Throughout the 1950s and 1960s, Fidelity expanded its offerings and introduced innovative investment strategies. By the 1970s, the company had diversified its services to include brokerage and retirement planning, catering to a broader range of clients.

Modern Developments

In recent decades, Fidelity has continued to evolve, embracing technology and expanding its global presence. The company has introduced online trading platforms, mobile apps, and a variety of digital tools to enhance the customer experience. Fidelity’s commitment to innovation has helped it maintain a competitive edge in the ever-changing financial landscape.

Today, Fidelity manages over $4 trillion in assets and serves millions of investors worldwide. The company’s long-standing history and continuous growth reflect its ability to adapt and thrive in the financial industry. Fidelity’s dedication to providing high-quality financial services has solidified its reputation as a leader in the field.