Anyone have experience working at Fidelity Investments as an Financial consultant? Good company, paying job, benefits etc? Currently at Citi Private Bank as an AB, think they lowballed me with my role from a comp standpoint and not really how I want to work within wealth management.

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Not me personally, but I have a few colleagues whom I used to work with at BofA that ended up at Fidelity. Both have been there for more than a decade, so I'd venture a guess that it's a decent place to work.

Got it, appreciate the feedback. Do they crush it and/or have an idea if they find the comp competitive with other institutions?

Great benefits. Low pay. Lots of lateral mobility, vertical mobility can be rare depending on what team you’re on. Wouldn’t work there unless I was in Boston working on AM imo

What is AM? Account Management?

Your gonna need to live on the phones, doing outbound calls with the goal of moving fidelity clients into managed money. Bonus structure is set up to benefit you for getting clients into managed portfolios or referring them to RIA teams / affiliates. Can be a very lucrative gig

Do you know what a typically FC makes 3-5 years out? I’m at Citi PB right now as an Associate banker with 7 years of experience within the industry and was presented with the opportunity at Fidelity.

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