The Fidelity Advantage - Why Fidelity (2024)

1.

$0.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs), and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (historically from $0.01 to $0.03 per $1,000 of principal). A limited number of ETFs are subject to a transaction-based service fee of $100. See full list of ETFs subject to this service fee here.There is an Options Regulatory Fee that applies to both option buy and sell transactions. The fee is subject to change. Other exclusions and conditions may apply. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional® are subject to different commission schedules.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

2. Fidelity commissioned Corporate Insight to study bond pricing, available online, for self-directed retail investors from three brokers (Merrill Lynch, Morgan Stanley, and Wells Fargo) that offer corporate and municipal bonds for comparison to Fidelity's standard online pricing. The study compared online bond prices for more than 27,000 municipal and corporate inventory matches from January 28 through March 2, 2020. It compared municipal and corporate inventories offered online in varying quantities. The study found that, on average, the three online bond brokers were asking $15.41 more per bond. Corporate Insight determined the average price differential by calculating the difference between the prices of matching corporate and municipal bond inventory at Fidelity, including Fidelity's $1 per bond mark-up for online trades vs. the prices offered online for the same bonds from the three brokers, then averaging the differences of the financial services firms. The analysis included investment grade corporate and municipal bonds only, as the three brokers in the study do not offer non-investment grade bonds for purchase online.

3.

Fidelity was named NerdWallet's 2024 winner for Best Broker for Beginning Investors, Best Online Broker for IRA Investors, Best App for Investing, Best Online Broker for Bond Investors, and 5 stars for Best Accounts for Stock Trading Results based on evaluating 16 brokers per category. ©2017-2024 and TM, NerdWallet, Inc. All Rights Reserved.

Fidelity was named NerdWallet's 2023 winner for Best Online Broker for Beginning Investors, Best Online Broker for IRA Investing and Best App for Investing. Results based on evaluating 17 brokers per category. ©2017-2023 and TM, NerdWallet, Inc. All Rights Reserved.

Fidelity was named NerdWallet's 2022 winner for Best Online Broker for Beginning Investors, Best Online Broker for IRA Investing and Best App for Investing. Results based on evaluating 16 brokers per category. ©2017-2022 and TM, NerdWallet, Inc. All Rights Reserved.

4.

StockBrokers.com 2024 Annual Awards, January 2024: Fidelity was ranked No. 1 overall out of 17 online brokers evaluated in the StockBrokers.com 2024 Annual Awards. Brokers were each assessed within nine primary categories: Commissions & Fees, Research, Platforms & Tools, Mobile Trading Apps, Investment Options, Customer Service, Education, Ease of Use, and Overall.

StockBrokers.com 2023 Online Broker Review, January 2023: Fidelity was ranked No. 1 overall out of 17 online brokers evaluated in the StockBrokers.com 2023 Online Broker Review.

StockBrokers.com 2022 Online Broker Review, January 2022: Fidelity was ranked No. 1 overall out of 15 online brokers evaluated in the StockBrokers.com 2022 Online Broker Review.

5.

Barron's, June 9, 2023 Online Broker Survey. Fidelity was ranked against nine other competitors in five major categories and 80 subcategories. Fidelity tied Interactive Brokers for #1 overall.

6.

Kiplinger's magazine, August 2023 Online Broker Survey. Fidelity was ranked No. 1 overall out of ten online brokers. Results based on ratings in the following categories: Commissions and fees, Investment choices, Smartphone app, Tools, Research, Advisory services, User experience and fees. Also named Best for mobile app, advisory services, and fees in the 2023 survey. From Kiplinger Personal Finance. ©2023 The Kiplinger Washington Editors. All rights reserved. Used under license.

7.

Investopedia, February 2023: Fidelity was named Best Overall online broker, Best Broker for ETFs, and Best Broker for Low Costs, among 25 companies.

8.

Investor's Business Daily®, January 2022: Best Online Brokers Special Report. Fidelity was named Best Overall Online Broker, and also first in Trade Execution Speed, Website Security, Site Performance, Research Tools, and Investment Research. Results based on having the highest Customer Experience Index within the categories composing the survey, as scored by 5,000 respondents. The survey was conducted by Investor's Business Daily's polling partner, TechnoMetrica Market Intelligence. © Investor's Business Daily, Inc. All rights reserved.

9. Investor's Business Daily® (IBD), September 2023: Fidelity is the #1 Most Trusted Wealth Management Company. The study was conducted in two phases, with data collected via online surveys in May, June and July 2023. In phase 1 507 respondents ranked 12 trust attributes to identify the trust characteristics that are most important to consumers. Using the attributes in phase 1, 7,597 survey respondents in phase 2 were asked to score companies on 7 different criteria, weighted in descending order: financially sound/secure, quality of products and services, commitment to protecting the privacy and security of personal data, ethical business practices and values, customer service and treatment of customers, fair pricing and fees, and sensitivity to customer needs in the current economic and financial climate with the overall score based on the composite scores for each criteria. To be included in the ranking for the wealth management category required at least 125 respondents. IBD's ranking of Fidelity as the #1 Most Trusted Wealth Management Company should not be construed as representing any client’s experience with, or endorsem*nt of, Fidelity or its wealth management services. Third-party rankings or past performance are not indicative of future performance. The third-party trademarks appearing herein are the property of their respective owners.

†"Highest credit card cash back" claim based on research conducted in November 2022 by Competiscan, LLC, of publicly available consumer cash back credit card offers, excluding those with an annual fee, category restrictions, or requirements that cash back be used only as a statement credit.

You could lose money by investing in a money market fund. An investment in a money market fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Before investing, always read a money market fund’s prospectus for policies specific to that fund.

Fidelity Go® and Fidelity® Wealth Services are advisory services offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser, for a fee. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, FBS and NFS are Fidelity Investments companies.

Fidelity now offers the Fidelity ZERO Total Market Index Fund (FZROX), Fidelity ZERO International Index Fund (FZILX), Fidelity ZERO Large Cap Index Fund (FNILX), and Fidelity ZERO Extended Market Index Fund (FZIPX) available to individual retail investors who purchase their shares through a Fidelity brokerage account.

*

​Tax-smart (i.e., tax-sensitive) investing techniques, including tax-loss harvesting, are applied in managing certain taxable accounts on a limited basis, at the discretion of the portfolio manager, primarily with respect to determining when assets in a client's account should be bought or sold. Assets contributed may be sold for a taxable gain or loss at any time. There are no guarantees as to the effectiveness of the tax-smart investing techniques applied in serving to reduce or minimize a client's overall tax liabilities, or as to the tax results that may be generated by a given transaction. ​​

IDNotify, Experian and Fidelity are independent entities and are not legally affiliated.

The third-party trademarks and service marks appearing herein are the property of their respective owners.

Investing involves risk, including risk of loss.

The Fidelity Advantage - Why Fidelity (2024)

FAQs

How to answer why Fidelity? ›

How to Answer. You'll want to tailor your career goals to how Fidelity specifically can help advance your career. So you must do your homework beforehand, ensuring you're well-versed in the position and what Fidelity has to offer. When this is done effectively, you'll showcase the value you will bring to them.

Why do people prefer Vanguard over Fidelity? ›

Overall, you might save money at Fidelity if you trade options, but Vanguard will be cheaper if mutual funds are your focus. The key difference is that Fidelity is low-cost for a wide range of investor types, while Vanguard is a great low-cost solution aimed primarily at buy-and-hold investors.

What is Fidelity's competitive advantage? ›

Fidelity has excellent investment platforms for active traders and investors of all types, including mobile, desktop, and the downloadable Active Trader Pro. In contrast with competitors, fees are negligible and many services and products are fee-free.

What is the downside to Fidelity? ›

Fidelity has average trading and low non-trading fees, including commission-free US stock trading. On the negative side, margin rates and fees for some mutual funds can be high.

Why should I choose Fidelity? ›

Fidelity offers $0 trading commissions, a selection of more than 3,300 no-transaction-fee mutual funds, top-notch research tools and a mobile platform. Its zero-fee index funds and strong customer service reputation are just icing on the cake.

How to ace a Fidelity interview? ›

Be conversational and authentic with your answers—interviewers want to get to know the real person behind the resume. The story of your career should come through, so share what led you to this place and examples of how you use your strengths. Be positive in your answers, and never criticize anyone.

What is Fidelity best for? ›

Fidelity index funds are suitable for long-term investing because they have diversity, low expense ratios and popular investment themes.

Is Charles Schwab or Fidelity better? ›

Fidelity is generally better for lower account balances (accounts less than $25,000) and direct crypto exposure. Charles Schwab is better for higher balances and offers a more comprehensive selection of advanced charting tools like the thinkorswim platform.

Is it safe to invest with Fidelity? ›

We have an unwavering commitment to practicing and communicating the benefits of a well-defined, long-term strategy that's developed and nurtured over time. Several types of safeguards exist to protect your account and assets. All Fidelity brokerage accounts are automatically protected by the SIPC.

What makes Fidelity unique? ›

Fidelity Institutional Asset Management (FIAM) combines extensive research capabilities and a collaborative approach to offer advisors and institutions choice of products and solutions across asset classes to best fit their clients' needs.

What makes Fidelity different? ›

Straightforward pricing. Zero commissions1 on stock, ETF and options trades. Zero expense ratio index mutual funds. And fixed income strategies that may save you up to $15 per bond.

Why would I want to work for Fidelity? ›

A job at Fidelity can open up a world of career possibilities. Fidelity offers employees the opportunity to build careers, to develop professionally, and to explore endless opportunities and career paths through the company.

What is the Fidelity controversy? ›

Fidelity's actions violated state securities laws and the Securities and Exchange Commission's Regulation Best Interest, which requires brokers to place client interests ahead of their own, Maeker alleges.

What if Fidelity collapses? ›

The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. SIPC protects each client up to $500,000, including up to $250,000 protection for cash awaiting investment.

Is Fidelity or Vanguard better? ›

Fidelity was named Bankrate's best broker for beginner investors in the 2024 Bankrate Awards. Fidelity stands out for its low costs, number of account types offered and great customer service, while Vanguard offers thousands of no-transaction-fee mutual funds and commission-free online trading of stocks and ETFs.

Why switch to Fidelity? ›

Active traders can place commission-free trades on stocks, ETFs, and options trades. Fidelity offers more than 3,700 no-transaction mutual funds. You can also invest in Fidelity's ZERO expense ratio index funds regarding mutual funds. These funds contain a $0 account minimum and 0% expense ratio.

How do you answer the why firm question? ›

You can describe your unique attributes that demonstrate the value you may bring to the company. This may include attention to detail, research capabilities or eloquence. You can also explain the hiring manager how your interests and values align with the company's goals.

Why should I work with Fidelity Bank? ›

Fidelity Bank employees experience a culture of dedicated service to our customers, shared support between co-workers and a committed investment in our communities.

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