Introduction
Fidelity Investments is a well-known financial services company that provides a wide range of investment options, including mutual funds, ETFs, stocks, bonds, and more. With over 70 years of experience in the industry, Fidelity has become one of the most trusted names in the world of investing.
Why Choose Fidelity Investments?
There are several reasons why investors choose Fidelity Investments over other financial services companies. Here are some of the main benefits:
- Low Fees: Fidelity is known for having some of the lowest fees in the industry, which means more money in your pocket.
- Diverse Investment Options: Fidelity offers a wide range of investment options, including mutual funds, ETFs, stocks, bonds, and more.
- Research Tools: Fidelity provides investors with a variety of research tools and resources to help them make informed investment decisions.
- Customer Service: Fidelity is known for its excellent customer service and support, making it easy for investors to get help when they need it.
Fidelity Investments Fees
One of the main reasons why investors choose Fidelity Investments is because of its low fees. Fidelity offers some of the lowest expense ratios in the industry, which means more money in your pocket. Here are some of the main fees you can expect:
- Account Fees: Fidelity does not charge any account maintenance or inactivity fees.
- Trade Fees: Fidelity charges $4.95 per trade for stocks and ETFs, and $4.95 + $0.65 per contract for options.
- Mutual Fund Fees: Fidelity’s mutual fund fees range from 0.00% to 1.29%, depending on the fund.
Fidelity Investments Account Types
Fidelity Investments offers several different account types to meet the needs of different investors. Here are some of the main options:
- Individual Brokerage Account: This is a standard brokerage account that allows you to invest in a wide range of securities.
- IRA: Fidelity offers both traditional and Roth IRA options.
- 529 College Savings Plan: This is a tax-advantaged investment account that can be used to save for college expenses.
- Managed Accounts: Fidelity offers several managed account options, including a robo-advisor service called Fidelity Go.
Fidelity Investments Investment Options
Fidelity Investments offers a wide range of investment options to meet the needs of different investors. Here are some of the main options:
- Mutual Funds: Fidelity offers over 10,000 mutual funds, including its own proprietary funds as well as third-party options.
- ETFs: Fidelity offers over 500 commission-free ETFs, as well as several other ETFs with low fees.
- Stocks: Fidelity allows investors to trade stocks on major U.S. exchanges, as well as international stocks.
- Bonds: Fidelity offers a wide range of bond options, including individual bonds, bond funds, and ETFs.
Fidelity Investments Research Tools
Fidelity Investments provides investors with a variety of research tools and resources to help them make informed investment decisions. Here are some of the main options:
- Fidelity Viewpoints: This is a collection of articles, videos, and webinars that cover a variety of investment topics.
- Stock Research: Fidelity offers in-depth research on individual stocks, including earnings projections, dividend data, and more.
- ETF Research: Fidelity provides research on ETFs, including performance data, expense ratios, and more.
- Screeners: Fidelity offers several screening tools that allow investors to find stocks, mutual funds, and ETFs that meet their specific criteria.
Fidelity Investments Customer Service
Fidelity Investments is known for its excellent customer service and support. Here are some of the main options:
- Phone Support: Fidelity offers phone support during regular business hours, as well as 24/7 automated phone support.
- Live Chat: Fidelity offers live chat support on its website.
- Branch Locations: Fidelity has over 190 branch locations across the United States.
Fidelity Investments Pros and Cons
Like any financial services company, Fidelity Investments has its pros and cons. Here are some of the main advantages and disadvantages:
- Pros:
- Low fees
- Diverse investment options
- Excellent research tools
- Good customer service
- Cons:
- Website can be overwhelming for new investors
- Some account minimums are high
- No commission-free mutual funds
Conclusion
Overall, Fidelity Investments is a great option for investors who are looking for low fees, diverse investment options, and excellent research tools. While there are some drawbacks, such as high account minimums and a somewhat overwhelming website, the pros outweigh the cons for most investors. Whether you’re a new investor or a seasoned pro, Fidelity is definitely worth considering.
