FMR LLC · Boston, MA United States
Company Description
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This link will open in a new window 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 20 million individual and institutional clients, Fidelity manages more than 400 funds and has more than $1.4 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. To read the full description, subscribe now.
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Key FMR LLC Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $12,937.3 |
| 2008 Employees | 40,000 |
FMR LLC Executives
33 executives listed for FMR LLC's Boston, MA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Edward Johnson | Network |
| President | Rodger Lawson | Network |
| President, CIO | Roger Servison | Network |
Competition
Competitive Landscape for FMR LLC
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top FMR LLC Competitors
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