Fidelity Investments
Explore Fidelity Investments
Core profile pages, annual revenue records, and related research hubs for this company.
Fidelity Investments
Explore Fidelity Investments
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1946 in Boston, Massachusetts
Edward C. Johnson 2d founded Fidelity in Boston in 1946. His son Edward C. Johnson 3d, known as Ned Johnson, expanded the company through mutual funds, brokerage, and technology. Abigail P. Johnson became CEO in 2014 and chairman in 2016, becoming the third generation of the family to lead the firm.
Johnson founded Fidelity and created the family-controlled base that later supported mutual funds, brokerage, retirement, and technology expansion.
Ned Johnson led Fidelity through decades of growth and helped turn it into a mass-market investing and retirement platform.
Edward C. Johnson 2d founds Fidelity Management and Research in Boston.
Fidelity expands its mutual fund and investment-management capabilities under Johnson family leadership.
Fidelity grows beyond funds into brokerage and workplace retirement relationships.
Abigail P. Johnson becomes Fidelity's CEO, later becoming chairman in 2016.
Fidelity expands institutional digital-asset capabilities as crypto moves into mainstream financial markets.
Fidelity's 2025 annual report lists $37.7 billion in revenue and $12.7 billion in operating income.
Fidelity was founded in 1946 by Edward C. Johnson 2d. The Johnson family has kept the company privately held, and Abigail P. Johnson now leads it as chairman and CEO.
The strategic question is whether Fidelity can keep turning trust and scale into deeper relationships as investing products become cheaper and more automated.
This profile covers the founding story, business model, leadership, financials, major pivots, and current strategy.