Fidelity Investments provides comprehensive financial advice, retirement plans, wealth management, trading and brokerage services. Customers can take advantage of commission-free trading, zero expense ratio index funds and tax-advantaged IRA accounts with our services.
Fidelity provides a wealth of research and education resources for investors at all levels, including stock market articles, podcasts and videos, as well as an expansive learning center with invaluable trading resources.
It offers a variety of investment options
Fidelity Investments offers a vast selection of investments, such as stocks, ETFs, bonds and mutual funds. Furthermore, the broker provides various services to help customers invest their money wisely – such as a dividend reinvestment plan.
The company’s top features include $0 trading commissions, an extensive selection of no-transaction fee mutual funds and superior research tools. Furthermore, the broker’s mobile app is secure and user friendly for added convenience.
Another advantage is that many accounts, like IRAs and education savings accounts, don’t require a minimum deposit to open. This means you can begin investing with minimal funds at your disposal.
Fidelity also offers a selection of investment options for young investors, such as a teen account. This free account can be opened by either the child’s parent or guardian and all money in it belongs to them. The parent or guardian can monitor the account through monthly statements and trade confirmations.
It offers a dividend reinvestment plan
If you’re looking to generate dividend income from your investment portfolio, Fidelity Investment offers a selection of mutual funds that pay a regular income stream. Investors also have the option of selecting high-yield bond funds as a more risk-averse alternative to dividend-paying stock funds.
Fidelity’s Dividend Reinvestment Plan lets you automatically reinvest dividends without incurring any fees. Plus, with the company’s platform, you can adjust your preferences for any of your investments at any time.
Dividend reinvestment plans can be advantageous for investors looking to maximize their returns over time. Furthermore, it allows you to increase your shareholdings with each payment, helping you accumulate wealth over time.
A dividend reinvestment program can be automated to enable you to automatically reinvest all of your current and future stocks and funds, providing a highly convenient way to maximize your investment returns.
Three primary strategies for dividend reinvestment exist: individual stock reinvestment, pool and deploy, and portfolio reinvestment. Each has its advantages and drawbacks.
It offers a high level of transparency
Fidelity Investments boasts one of the highest levels of transparency in the industry. Its research tools are comprehensive, featuring powerful screeners, trading idea generators, advanced charting and access to third-party research.
Online trading platforms and mobile applications both provide real-time quotes for stocks, ETFs and options. While the web-based platform lacks advanced functionality that may appeal to traders, the downloadable trading platform is more sophisticated and customizable.
Planning your finances has never been simpler! To assist you, there are various tools and calculators available, such as the “Guided Portfolio Summary” and the “Planning & Guidance Center.”
Fidelity offers education on a range of investing topics. These include articles, videos and webinars to teach beginners the fundamentals of financial planning. Furthermore, its life-stage planning tools provide guidance through marriage/divorce, home purchase or college costs – plus much more!
It offers excellent customer service
Fidelity provides superior customer service with 24/7 phone support and live chat support. Furthermore, it offers an impressive array of educational resources and tools to assist investors in making informed decisions.
Screeners for stocks, ETFs, mutual funds, options and fixed income are user-friendly with over 140 criteria available. Thematic investing, ESG (environmental, social, and governance) data, Morningstar ratings and more can all be included as well.
Fidelity’s mobile app is highly rated and includes real-time quotes, multi-leg options trading and a consolidated version of their research offerings. Recently, they redesigned their apps to simplify trading, portfolio monitoring and research activities.
Fidelity stands out in our reviews of top brokers, boasting an array of account and research amenities such as flexible screeners, trading idea generators and advanced charting. Furthermore, its news feeds are impressive with a focus on curating third-party news content and thought pieces.