FMR LLC or Fidelity Investments is an American multinational financial services corporation. It is one of the largest mutual fund and financial services groups in the world. It was founded in 1946 and serves North American investors. Fidelity Ventures is its venture capital arm. Fidelity International Limited , was an international affiliate founded in 1969, serving most countries in the rest of the world. In September 2011, FIL was rebranded as 'Fidelity Worldwide Investment'. Fidelity Investments manages a large family of mutual funds, provides fund distribution and investment advice... services, as well as providing discount brokerage services, retirement services, wealth management, securities execution and clearance, life insurance and a number of other services. Fidelity is a privately held company founded by Edward C. Johnson 2nd in 1946, which is owned by employees and the Johnson family. Fidelity Management & Research Company, the US investment management division of Fidelity Investments, acts as the investment adviser to Fidelity's family of mutual funds.
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