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Fidelity Investments

Engaged Employer

Bad culture and politics in few Business Units - Lead Software Engineer Fidelity Investments Employee Review

1.0
Aug 26, 2022
Recommend
CEO approval
Business Outlook

Pros

Great Company Excellent CEO - Does everything she can to take care of employees The best organization wide culture Lots of benefits like matching NPS contribution, free cab, free Wi-Fi, WFH, internet allowance

Cons

I worked at Fidelity in multiple BUs and teams. Finally moved to FBT (Brokerage Technology) and the nightmare started. If you hear FBT or NextGen or Platform Services then please avoid this organization for your own good. The culture is even worse than service based companies. Few folks in the team micromanage to the next level. They will ping you on teams/whatsapp at 12am-1am asking to do things while they themselves are unavailable throughout the day. The team is filled with inexperienced, arrogant freshers who tend to show that they know everything. You will spend most of your time correcting others mistakes or hand holding juniors. They make you work till late nights, weekends and during appraisal will only point out random things and give you single digit increment. They do have several reporting mechanisms but since the team is mostly filled with freshers they do not report anything to senior management in fear. There is lot of favouritism, even if you join, there are couple of people in the team who would be appreciated even for reaching the office while you doing the toughest job will be brushed under the rug. Tech stack is very basic, in 3 months you will learn pretty much everything and then it is an endless loop of doing the same thing over and again.

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Fidelity Investments Response
3y
Thank you for taking the time to share your feedback with us. We would like the opportunity to learn more about the concerns you raised. If you are willing to share more details with us, we can be reached at 800-835-5099 Prompt 2, 4, then 1.

Explore other reviews about Fidelity Investments

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Fidelity has a great work life balance and an amazing culture. Had a great time interning there!

Cons

Not as much tech innovation but makes sense for a financial firm.

5.0
Jun 11, 2018
Recommend
CEO approval
Business Outlook

Pros

Benefits including profit sharing and bonuses are great. The breadth of this company provides a great opportunity to try out different career paths or boost your current one.

Cons

In my current role, I am working overtime more often than I'd like with recognition that seems to only go so far until it sizzles out. That may be tied to the size of the company itself, where promotions work in a "trickle down" manner.

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