FMR Company Description
FMR is semper fidelis (ever faithful) to its core business. The financial services conglomerate, better known as Fidelity Investments, is one of the world's largest mutual fund firms. Serving more than 23 million individual and institutional clients, Fidelity manages more than 300 funds and has more than $1.5 trillion of assets under management. It also operates a leading online discount brokerage and has more than 100 investor centers in the US and Canada, as well as locations in Europe and Asia. The founding Johnson family controls FMR; Abigail Johnson, CEO Ned Johnson's daughter and perhaps his successor (not to mention one of the richest women in America), is the company's largest single shareholder.
View the Comprehensive Company Description for FMR
The Company Description provides a historical perspective of FMR's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of FMR's evolution in the marketplace.
