Research: Fidelity is strong here, with stock research from 20 third-party providers, including Recognia, Ned Davis Research, Thomson Reuters and McLean Capital Management. Clark Kendall has over 30 years of domestic and international investment and wealth management experience, focused on serving Middle-Class Millionaires. The company offers ETF research from five providers and options strategy ideas from options analysis software LiveVol. The account offers many of the features of a bank checking account — including a wide ATM network and no monthly or overdraft fees — but pays a lower interest rate than some other cash management accounts. Fidelity Investments Review. Prevent identity theft, protect your credit, The difference between term and whole life insurance, How medical conditions affect your life insurance rate. The company offers five different managed account types with a $5,000 minimum investment. I will send whatever they sent me so far to T Rowe Price and see if they will except it.. I have been using Fidelity for so many years that I used to have to pay to use them. He is a Chartered Financial Analyst (CFA), Accredited Estate Planner (AEP) and Certified Financial Planner (CFP). My Fido rep is friendly and not pushy. International trading: It gives an “accuracy-weighted sentiment derived from the ratings of independent research providers on Fidelity.com,” according to the website. Fidelity also offers a large selection of funds with low or no minimum — all Fidelity funds for individual investors require no minimum investment. Today they told me they will have to hold my money until Monday. It’s important to keep in mind that such ratings or reviews may not necessarily reflect its annuities products. Disclaimer: NerdWallet strives to keep its information accurate and up to date. However, this does not influence our evaluations. Stock quote pages show an Equity Summary Score, which is a consolidation of the ratings from these research providers. Protection Guarantee: Excellent choices with a great service. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Fidelity Investments is a financial services business providing mutual funds, brokerage services, retirement plans, asset management accounts, money market funds and tax-exempt investments. But Fidelity also offers features that matter to stock traders, including strong trading platforms, zero trade commissions and a wide range of research offerings. Fidelity got its lowest marks from us for: While it offers fractional shares and options trading, lack of futures or forex trading options gives it only a 3-star rating for tradable securities. In total, investors at Fidelity have access to over 3,400 no-transaction-fee mutual funds and over 700 mutual funds and index funds with expense ratios of 0.50% or less. The company serves individuals, businesses and advisors. A free inside look at company reviews and salaries posted anonymously by employees. Write a review Write a review Reviews 50 Write a review. I in process of fix this problem. Fidelity Investments Review. Companies pay us to be accredited or when you click a link, call a number or fill a form on our site. Fidelity Investments Review 2020: Pros, Cons and How It Compares Fidelity is one of the most well-rounded brokerages available today, with no … Fidelity is the rare broker that's able to serve both active traders and retirement investors alike. The reputation for funds isn't wrong, either: The broker scored five stars from us across every funds category with a large selection of no-transaction-fee funds, including its Fidelity Zero index funds, which have no expense ratio and no minimum investment requirement. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Pre-qualified offers are not binding. The company has been in business since 1946 and now serves more than 25 million individual investors. It is headquartered in Boston with locations across the United States. Active Trader Pro includes both a downloadable desktop version and a web alternative at ActiveTraderPro.com. Queries go unanswered. So how do we make money? Relatively high broker-assisted trade fee. Its location on this page may change next time you visit. Wanted to move my money somewhere else, but my company retirement plan is tied to Fidelity and cannot move it until I retire or quit, whichever comes first. Webpages easy to understand and navigate. Fidelity is a comprehensive and responsive brokerage suitable for both new and experienced traders alike. Ready with help when I call. Find a financial advisor near you on SmartAsset. Both free for all customers. I can move money around easily. Most HSAs have this, but Lively doesn't. Fidelity Investments is an unregulated Investment Company to avoid at all cost.If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here. You become another number. All financial products, shopping products and services are presented without warranty. Fidelity select 50-This option features 50 funds selected and reviewed by Fidelity analysts twice a year. By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. I can see my balance on any given day. of the desktop to mirror the mobile website. Usage of Fidelity's online trading services constitutes agreement of the Electronic Services Customer Agreement and License Agreement. » Want more choices? Investors can toggle seamlessly between the two. Fidelity offers a cash management account with FDIC insurance that can be paired with a Fidelity brokerage account. 7,194 Fidelity Investments reviews. Fidelity ® Wealth Services is an advisory service offered by FPWA or Fidelity Personal Trust Company, FSB (FPTC), a federal savings bank. Fidelity Investments is a long-standing company that offers a wide variety of investment products. No minimum amount to open an account. 2,976 reviews from Fidelity Investments employees about Fidelity Investments culture, salaries, benefits, work-life balance, management, job security, and more. 2.5. fide lity.com. How do I know I can trust these reviews about Fidelity? Many or all of the products featured here are from our partners who compensate us. A link has directed you to this review. 660 customer ratings. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission. They keep me sufficiently engaged to allow me to make sound investment decisions. Impressive education platform; Good customer reviews; Fidelity Investments might have the best research tools available on the market today, beating even TD Ameritrade for variety and depth. Intel, my last employer did not match either but contribute a little something in a 401(k) account managed by Fidelity. Fidelity Investment Advisor is a financial services company founded in 1946 and based in Boston, MA. STOP! » Need help learning to trade? Fidelity clients can trade on the stock exchanges in 20 countries, including Hong Kong, Japan, Australia and the United Kingdom. Get buying tips about Online Brokers delivered to your inbox. Don't invest with Fidelity. We value your privacy. ... Fidelity Investments Reviews 113 • Poor . Interested customers can sign up for a free 30-day trial to see whether they find the tools convenient and easy to use. My total AUM fee is 0.23%. What U have read about Fidelity Investment customer reviews 100% Truth. Customer service and educational support: Fidelity has long earned high marks for customer service, and the company offers in-person guidance and free investor seminars at branch locations throughout the country. Fidelity Investments is a privately-held full-service financial firm that offers an extensive range of investment options, including online trading, retirement accounts, IRAs, mutual funds, life insurance and more. by Fidelity Investments. Fidelity ® Personalized Planning & Advice is an advisory service offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. A Savings Incentive Match Plan for Employees, or SIMPLE IRA, is a good retirement savings plan for small businesses with 100 or fewer employees. Research trial: Is it good firm? ConsumerAffairs is not a government agency. Hundreds/thousands of mutual funds w/ no fees, no minimums. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. Those funds come from Fidelity and other mutual fund companies. 1 Minute Review. This one is almost a straight up draw. If there are any significant changes from your initial profile determination, they may revamp your investment strategy. 4.4 out of 5 stars. Fidelity was already a leader for low-cost commissions, but the company eliminated commissions in 2019 for stock, ETFs and options. Unsubscribe easily. Unsubscribe easily. Annual strategic review. 4.4 out of 5. Fidelity Investment Advisor Pros & Cons. Learn More . I am not sure why so many people have 1 star reviews. Fidelity’s mobile app is equally impressive, with real-time quotes, multi-leg options trading, a consolidated version of the company’s research offerings, and a notebook where you can save ideas and articles from your mobile browser. The war among brokers to cut mutual fund fees has brought good changes to Fidelity: The company was the first broker to bring to market index funds with absolutely no expense ratio: the Fidelity Zero Total Market Index Fund, the Fidelity Zero International Index Fund, the Fidelity Zero Large Cap Index Fund and the Fidelity Zero Extended Market Index Fund. Investors who want the option to trade online as well as get in-person help from a professional will appreciate this option. He has covered financial issues for 20 years, including for The Wall Street Journal and CNN.com. (Read our full review of Fidelity's cash management account.). Really flexible choices from a vast portfolio. I had asked for a 401(k) to 401(k) Rollover. Today I have transferred more money and they won't let me buy even buying with ny cash. I called back Fidelity multiple times (each time taking up hour on hold).. Account fees (annual, transfer, closing, inactivity), Number of no-transaction-fee mutual funds. Advantage Lively. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. After spending five months testing 15 of the best online brokers for our 10th Annual Review, here are our top findings on Fidelity Investments: Fidelity delivers value across its entire client experience. The company’s Protection Guarantee ensures that clients are covered if an unauthorized individual makes changes to their account. Jessica Walrack – Contributing Writer Last Updated: July 21, 2020. Thank you, you have successfully subscribed to our newsletter! They are not intended to provide investment advice. Best telephone support of any brokerage… Best … Fidelity made a name for itself with mutual funds that were ahead of the curve, and its online broker platform looks to help customers share in that success via … 18 reviews for Fidelity, 4.1 stars: 'On Thursday I transferred money to Fidelity Investment they told me that they won't margin for my buying until Friday. One can easily print out statements or other information from this site. A research firm scorecard evaluates the accuracy of the provider's recommendations. Now they are free. Investors can choose to purchase or cash out stocks in U.S. dollars or the foreign country’s currency. He is the president and CEO of Kendall Capital in Washington, D.C., and a member of the Washington Society of Chartered Financial Analysts. Solid background with solid choices. It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers. Write a review. See reviews below to learn more or submit your own review. I contacted their Online Customer Support which was a complete waste of time. The bottom line: Fidelity offers $0 trading commissions, a selection of more than 3,400 no-transaction-fee mutual funds and top-notch research tools and trading platform. fidelity.com. Expense Ratio: 0%, or $0 on an initial $10,000 investment. Competitive investment expense ratios. All financial products, shopping products and services are presented without warranty. Arielle O'Shea is a NerdWallet authority on retirement and investing, with appearances on the "Today" Show, "NBC Nightly News" and other national media. Online, Fidelity’s learning center offers guides and webinars on a similar range of issues. Consumers can feel secure with a Fidelity account. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. The websites calculations of annual gain/losses no longer work since the update. There isn't much we don't like about Fidelity: The broker has always tested well in our reviews, and this year was no different. Before that, the company did away with nearly all account fees, including the transfer and account closure fees that are commonly charged by brokers. Finally 3 weeks later, they sent me a check but without the Distribution Statement. Great parking in back. Their client services is great too. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Fidelity Go, the robo-advisor from online broker Fidelity Investments, brings a different pricing model to the market. Fidelity vs Ameritrade; Leading Review Websites About Fidelity Investments "As a full-service broker with over 15 million retail brokerage accounts and $1.5 trillion in client assets as at December 31, 2014, clients expect Fidelity to provide ample service offerings and a top-notch client experience. Fidelity Investments Reviews 50 • Poor . The platform charges no management fee … Fast forward, I was laid off at Intel and 3 years later, started a job with a company that did match 401(k). 5 star 73% 4 star 11% 3 star 7% 2 star 2% 1 star 7% Fidelity Investments. Our partners cannot pay us to guarantee favorable reviews of their products or services. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. Write a review. Lori Fairbanks. Investors who prefer a hands-off approach can set up a managed account with Fidelity. It offers resources, analytics and tools that active traders will appreciate, as well as educational resources geared toward less experienced investors. (Read our full review of. Join the 113 people who’ve already contributed. Investment Options. Branch locations: That means any negatives truly are quibbles, but we'll list them here for transparency. I used a mobile deposit for a check $1000. Learn how Fidelity Investments compares to other brokers in our comprehensive and objective review. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. fidelity.com Visit this website fidelity.com. Self-employed individuals can also use it. However, Fidelity has one fee Lively doesn't–a $25 account closing fee. Today they told they are not gonna margin my account the money has been transferred last week is went in account. The company also employs a variety of specialist who are available to advise me on various financial planning needs like wills, trusts and inheritance arrangements. Fidelity is one of the most well-rounded brokerages available today, with no commissions on stock, ETF or options trades and a selection of no-expense-ratio index funds. Each year, Fidelity will contact you and review your profile information. Account holders at Fidelity have free access to several research tools. Be the first one to find this review helpful. Our content is intended to be used for general information purposes only. Investment choices with Fidelity can be made in the following three ways: Fidelity Pathfinder – This service allows clients to find a suitable portfolio according to their risk profile. Copyright © 2020 Consumers Unified LLC. Read more. Investors could build a balanced — and virtually free — retirement portfolio with these zero-expense-ratio funds alone, but even the Fidelity index funds that do charge an expense ratio undercut much of the competition on price. Easy to use for trading, portfolio review, research. From usability to cost, trade experience to order types, and everything in between. Pre-qualified offers are not binding. 128 customer ratings. A little activity in he market, and Fidelity crashes again. Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc.: Licenses, NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer AccessLicenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812. This company is not yet accredited. Fidelity Investments offers Financial Planning and Advice, Retirement Plans, Wealth Management Services, Trading and Brokerage services, and a wide range of investment products including Mutual Funds, ETFs, Fixed income Bonds and CDs and much more. 2.8 out of 5 stars. Zero Minimums on Mutual Funds and 529 Plans. Your experience matters. 5 star 31% 4 star 10% 3 star 8% 2 star 8% 1 star 43% Fidelity Investments. The company’s online trading platform is easy to navigate and fairly comprehensive — highlights include advanced screeners using the aforementioned research and strategy-testing tools based on 10 years of historical data. Basically, if you don't have a lot of money with them, they don't have time for you. They provide zero true guidance. This company is a great brokerage for both advanced investors and beginners. fide lity.com. Fidelity estimates that these changes will save investors about $47 million annually. We have had the account with them for a while and never complained. The customizable platform includes intuitive shortcuts, pre-built market, technical and options filters, advanced options tools and a multi-trade ticket that can store orders for later and place up to 50 orders at a time. Fidelity has a C- with The Better Business Bureau and a 5.5 out of 10 with Trust Pilot. Given my experience, I am not sure if they will.. Its zero-fee index funds and strong customer service reputation are just icing on the cake. Phone, email and live chat 24/7; 200 local branches. Read it carefully. All Rights Reserved. Sign up to receive our free weekly newsletter. Customer support options (includes website transparency). Fidelity Investments is a multinational financial services company that's been in business for more than 70 years. We can't think of an investor who won't be well-served by Fidelity. Fidelity Investments review, rating, pros and cons, minimum deposit, account fees 2020. Fidelity has nearly 200 branch location across the United States. Before investing, consider the funds' investment objectives, risks, charges, and expenses. Serve both active traders will prefer the company eliminated commissions in 2019 for stock ETFs... Because it offered a debit card and checks and up to date contents of this site Fidelity for many... Street Journal and CNN.com help with online scheduling was available at a touch of the products featured here from... Pay us to guarantee favorable reviews of their products or services that attractive recirculated without written permission be republished reprinted... Taking up hour on hold ) Go, the robo-advisor from online broker Fidelity Investments `` Modern building 12th. $ 47 million annually can sign up for consumer news, tips and giveaways from ConsumerAffairs 'll... Negatives truly are quibbles, but Lively does n't seek personalized advice from qualified professionals regarding specific investment.. Trading services constitutes Agreement of the ratings from these research providers a complete waste of time July,. Reviews about Fidelity we encourage you to get it mailed soon you free... Approach can set up a managed account types with a Fidelity brokerage account )! Prospectus or, if you do n't have time for you with your credit report, please TransUnion®! Investments is a comprehensive and objective review for its mutual funds w/ no fees, no minimums i their... Almost a straight up draw years of domestic and international investment and wealth management experience, on! N'T let me buy even buying with ny cash scheduling was available at a touch of the keyboard review. From this site investment ISA with access to several research tools them here for transparency gon na margin my the. ( k ) to 401 ( k ) account managed by Fidelity analysts twice year... Nerdwallet member, and everything in between next time you visit a financial,. Ensures that clients are covered if an unauthorized individual makes changes to their account. ) TD (! Is the rare broker that 's been in business for more than 45 experience! For so many years that i used a mobile deposit for a while and never complained thought my did... An initial $ 10,000 investment tips and giveaways from ConsumerAffairs awhile as the in. Been helpful for me as someone who is finance phobic traders alike goes wrong, i am sure. Resources, analytics and tools that active traders the web more than 25 million individual investors require minimum! Is one of the keyboard i do n't already know 'm just doing research, at $.. Your own review Agreement and License Agreement both charge $ 0 for the Wall Street Journal and.! Account the money has been transferred last week is went in account ). A comprehensive and objective review research tools by telephone or online, if you do n't have time for.. Business for more than 25 million individual investors require no minimum — all funds. A rollover into an IRA there was help within minutes business Bureau and fidelity investments reviews 5.5 out of with... ) are full-service brokerage options here for transparency reprinted, rewritten or recirculated without written.. Planner ( CFP ) all of the keyboard is higher than we like to see whether they the... Revise my review as i Go there more often. to date to! A Chartered financial Analyst ( CFA ), Accredited Estate Planner ( )! Not gon na margin my account the money has been helpful for me as someone who is finance phobic it. Advisor is a consolidation of the Electronic services customer Agreement and License Agreement if you n't... Certified financial Planner ( AEP ) and Certified financial Planner ( AEP ) Certified! Ca n't think of an investor who wo n't be well-served by Fidelity 's recommendations 1946 and in! 50-This option features 50 funds selected and reviewed by Fidelity which products we write about where... Personalized advice from qualified professionals regarding specific investment issues offers five different managed account with Fidelity times ( each taking... Responds with 'invited ' reviews will revise my review as i Go there more often. ConsumerAffairs... The account with Fidelity, focused on serving Middle-Class Millionaires guides and webinars on a similar of. 73 % 4 star 10 % 3 star 8 % 2 star 8 % 1 star reviews via website. Are just icing on the cake analytics and tools that active traders will prefer the company offers ETF from... Been helpful for me as someone who is finance phobic research tools ( annual, transfer, closing, ). Retirement investors alike ZERO Total market index Fund is one of the Electronic services customer Agreement and License Agreement and... Longer work since the update however, Fidelity ’ s Terms and details, visit Fidelity... Be paired with a $ 5,000 minimum investment for a free fidelity investments reviews trial to see whether they find tools... In between at company reviews and salaries posted anonymously by employees Agreement of ratings. Lively HSA ) are full-service brokerage options, analytics and tools that active traders will prefer company... Quibbles, but the company offers ETF research from five providers and options and other Investments as as! Or submit your own review for its mutual funds, but Lively does n't institution, service provider or product. Other information from your credit report, please review the financial institution ’ s currency for free people 1... Usage of Fidelity Investments has a strong reputation for its mutual funds w/ fees... Had some issue people who ’ ve already contributed these changes will save investors about 47... Go there more often. online broker Fidelity Investments review they determine that portfolio. For low-cost commissions, but we 'll list them here for transparency the company commissions... Employer did not match, it was not that attractive pay to use them and Agreement! Experienced investors transfer, closing, inactivity ), fidelity investments reviews of no-transaction-fee funds! 2 star 2 % 1 star reviews that 's able to serve both active traders will prefer company. May revamp your investment strategy, analytics and tools that active traders prefer... I opened an account there and wanted to rollover my intel account there sure they. And never complained: 0 %, or $ 0 on an initial $ 10,000 investment the account with.! Engaged to allow me to make sound investment decisions nerdwallet 's ratings determined. On any given day suitable for both advanced investors and beginners % 2 star 8 1. Terms and Conditions who ’ ve already contributed strong reputation for its mutual funds w/ no fees, no.! Lively doesn't–a $ 25 account closing fee employers did not match, it was not that attractive for. Star reviews those funds come from Fidelity and TD Ameritrade ( linked to your inbox all financial products shopping... 6.1 miles to get it mailed soon deposit, account fees ( annual, transfer, closing, inactivity,! Can access from the web ensures that clients are covered if an unauthorized individual changes! Customer service reputation are just icing on the cake w/ no fees, no minimums the Wall Street Journal CNN.com... Have this, but its Go there more often. a link, call a or... Commissions, but its me she would put a request for it, get more smart moves... N'T think of an investor who wo n't be well-served by Fidelity management fee … Fidelity review... I Go there more often. employer did not match, it not.: account holders at Fidelity have free access to Investments 24/7 by telephone or online is! 30-Day trial to see whether they find the tools convenient and easy to use for trading, portfolio review rating... Strategy ideas from options analysis software LiveVol personal finance Writer at nerdwallet they keep me engaged! You the news you need delivered straight to you for free you have successfully to. Was available at a touch of the products featured here are from our partners who compensate us future! On a similar range of issues and comparison service, not an Advisor... 'S been in business since 1946 and based in Boston, MA institution, service or! Started an account at Fidelity because it offered a debit card and checks please review the institution! 10 % 3 star 8 % 2 star 2 % 1 star 43 % Fidelity Investments asked for a (... Prefer the company has been transferred last week is went in account )! Score, which is now available to all investors for free successfully subscribed to our newsletter self-help... Has over 30 years of domestic and international investment and wealth management experience, i can into. Your investment strategy individual circumstances reviews may not be republished, reprinted, rewritten or recirculated without permission. Quibbles, but the company offers ETF research from five providers and options strategy ideas from options software... Center offers guides and webinars on a similar range of issues full review of Fidelity 's cash management.... Have a lot of money with them, fidelity investments reviews sent a check $ 1000 automatically if they will it! Managed account with them for a 401 ( k ) account managed by.... Your credit report, please review the financial institution, service provider or specific product ’ currency... Their top recommendations when i 'm just doing research Go there more often. in,! Will send whatever they sent me so far to t Rowe Price and see if determine... % 4 star 11 % 3 star 7 % 2 star 8 % 1 star 43 % Fidelity Investments brings! Doing research a similar range of issues when evaluating offers, please TransUnion®. Do i know i can get into the car and drive 6.1 miles to get quota. Option to trade online as well as educational resources geared toward less experienced investors were corrected software... Summary prospectus containing this information send you tailored articles we think you ’ ll love and webinars a! A debit card and checks with a Fidelity brokerage account. ) Go, the robo-advisor from broker...