RESEARCH TRIANGLE PARK – From call center jobs to information technology engineers, Fidelity continues to ramp up its workforce across the Triangle and North Carolina. Its latest financial report on Wednesday shows why:
The company’s growth is strong across multiple fronts.
“In Q2, Fidelity had solid customer growth across all our businesses and continued to improve the customer experience by enhancing our technology capabilities, products, services, and educational tools,” the company explained. “Our overall goal with these efforts remains the same: to help strengthen and secure our clients’ financial well-being.”
In providing the breakdown, Fidelity noted:
“Customer growth has also been fueled by a record-breaking tax season, which delivered $104 billion in net flows to the Personal Investing business June YTD, a 25% increase over 2020.”
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By the numbers:
NEW RETAIL ACCOUNTS
1.7 million, up 39% from Q2 2020
TOTAL ACCOUNTS
82.8 million, up 11% from Q2 2020
NEW RETAIL ACCOUNTS OPENED BY INVESTORS 35 YEARS OLD OR YOUNGER
697,000, up 65% from Q2 2020
TOTAL RETAIL AND WORKPLACE ADVISORY ASSETS
$664 billion, 42% from Q2 2020
TOTAL DAILY AVERAGE TRADES2
2.6 million, 14% from Q2 2020
TOTAL DISCRETIONARY ASSETS3
$4.2 trillion, 26% from Q2 2020
ASSETS UNDER ADMINISTRATION
$11.1 trillion, 33% from Q2 2020
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