I was offered a position at fidelity. Now when I trade on behalf of a client, will I get commissions for that trade?

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Posting as :
works at
You are currently posting as works at

No. I worked at Fid for 5 years.

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I can’t imagine why you would… that would incentivize excess trading which, if I remember from my series 7 days, is a breach of fiduciary duty. Also what role could possibly pay you fro executing trades for a client?

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Most positions at Fidelity are bonus based not commission/fee based.

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No, never

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No fid charges clients $32.95 if they place a trade through a rep over the phone instead of $0 doing it online themselves but you don’t get any of that.

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No. Worked there for four years.

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Thank you everyone! Do you know what to expect from the high net worth client associate position? I am not sure if it will be a good fit for me. I have never worked in a call center type position. Any feedback will be highly appreciated

If you are looking for a call center role that will lead to other call center roles then it’s a great spot. It takes a special person to take calls all day back to back without going crazy.

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