Fidelity Investments review: A reputable option for just about any type of investor – CNBC
Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.
Fidelity is a household name in the investing world for beginner and advanced investors alike.
In fact, it’s likely you’ve come across a Fidelity study or two while perusing your normal business news, especially on retirement: The broker provides a popular benchmark for how much you need to retire, but its well known for a quite a few reasons.
Fidelity Investments offers financial advice, retirement plans, wealth management, trading and brokerage services. Users can take advantage of commission-free trading on many types of securities, zero expense ratio index funds, low margin rates, tax-advantaged IRA accounts, managed portfolios, extensive tools and industry-leading, in-depth research from 20-plus independent providers.
Below, Select reviews Fidelity Investments’ offerings to give you the details on the investment options, features and fees so you can decide if it’s right for your needs.
Subscribe to the Select Newsletter!
Our best selections in your inbox. Shopping recommendations that help upgrade your life, delivered weekly. Sign-up here.
Fidelity Investments review
Information about Fidelity Investments has been collected independently by Select and has not been reviewed or provided by Fidelity Investments prior to publication.
Minimum deposit and balance
Minimum deposit and balance requirements may vary depending on the investment vehicle selected. No minimum to open a Fidelity Go account, but minimum $10 balance for robo-advisor to start investing. Minimum $25,000 balance for Fidelity Personalized Planning & Advice
Fees may vary depending on the investment vehicle selected. Zero commission fees for stock, ETF, options trades and some mutual funds; zero transaction fees for over 3,400 mutual funds; $0.65 per options contract. Fidelity Go is free for balances under $10,000 (after, $3 per month for balances between $10,000 and $49,999; 0.35% for balances over $50,000). Fidelity Personalized Planning & Advice has a 0.50% advisory fee
Stocks, bonds, ETFs, mutual funds, CDs, options and fractional shares