Fidelity Investments recently announced the opening of a new regional center in RTP, North Carolina. Rob Merdes, the general manager of the regional center for personal investments, spoke to WRAL TechWire about Fidelity’s hiring process and the new jobs it will create in the Triangle. He also discussed the company’s onboarding process.
Fidelity is known for being an investor-friendly broker and offers low or no commissions for trading stocks and ETFs. Its service fee structure is also very user-friendly, with no minimums and only a few fees for routine services. The company also offers a host of tools and research to help investors make informed decisions.
Fidelity is also hiring more workers than it previously did. The company’s ad campaigns on popular job websites tout virtual interviewing, training, and support. The company also requires candidates to have their Series 7 and Series 63 licenses within 90 days of starting their job. The company is hiring for a number of positions in different departments, including copywriters, marketing analytics, and data analysts.
Another feature that sets Fidelity apart from other brokers is their no-fee mutual funds. These are the first fee-free funds offered by a major brokerage. The best part is that you don’t have to be a Fidelity customer to invest in them. These funds have a low expense ratio and rank among the best index funds.
Aside from offering traditional mutual funds, Fidelity Institutional also offers a suite of alternative investments. The new platform includes hedge funds, private equity funds, and real estate investment trusts. It also offers custodial services for more than 5,000 alternative investment products. For more information, visit Fidelity Institutional’s website.
The company has recently added 100 new employees to its digital assets division. This should increase its headcount to 500 by the first quarter of next year. The new employees will work in areas such as technology, client services, marketing, and compliance. The employees will be located in several cities. In addition, Fidelity plans to offer crypto options through employer-sponsored retirement plans. These plans will allow employees to invest as much as 20% of their retirement funds in bitcoin.