Wealth management is a general term. How would you explain what we do at Fidelity to someone unfamiliar with our company?

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Experienced Example

There are many interpretations of the term 'wealth management' and a plethora of companies that offer similar services and products. Your interviewer wants to gauge your scope of the wealth management industry and assess your communication skills, especially in how you would represent their company to their clients. "Our people are as important as our investments. At Fidelity, we're looking for people who see things differently, who think big and deliver bigger. With Asset Management professionals around the globe, we offer opportunities that are attractive to individuals with diverse sets of skills and experiences." Remember, while Fidelity offers wealth management and financial planning services geared at their high net worth clients, Fidelity is primarily a brokerage firm for investing. Demonstrate your familiarity with the various financial products that Fidelity offers. And be mindful of your choice of words and how you communicate this to your interviewer.

"For someone unfamiliar with Fidelity or even the term wealth management, I would describe wealth management as a collection of services (particularly for higher net worth individuals) that includes financial planning, portfolio management, retirement, estate planning, and investment guidance. Of course, Fidelity is more than just wealth management services. You're well known for your brokerage platform that allows individuals to trade with low fees. Traditionally, Fidelity has been known for its family of mutual funds, which many investors buy to have a well-diversified portfolio. And finally, Fidelity provides financial advising to clients, whether individuals or institutions."

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How to Answer: Wealth management is a general term. How would you explain what we do at Fidelity to someone unfamiliar with our company?

Advice and answer examples written specifically for a Fidelity job interview.

5. Wealth management is a general term. How would you explain what we do at Fidelity to someone unfamiliar with our company?

What You Need to Know

There are many interpretations of the term 'wealth management' and a plethora of companies that offer similar services and products. Your interviewer wants to gauge your scope of the wealth management industry and assess your communication skills, especially in how you would represent their company to their clients. "Our people are as important as our investments. At Fidelity, we're looking for people who see things differently, who think big and deliver bigger. With Asset Management professionals around the globe, we offer opportunities that are attractive to individuals with diverse sets of skills and experiences." Remember, while Fidelity offers wealth management and financial planning services geared at their high net worth clients, Fidelity is primarily a brokerage firm for investing. Demonstrate your familiarity with the various financial products that Fidelity offers. And be mindful of your choice of words and how you communicate this to your interviewer.

Written by Kevin Downey on March 8th, 2023

Experienced Example

"For someone unfamiliar with Fidelity or even the term wealth management, I would describe wealth management as a collection of services (particularly for higher net worth individuals) that includes financial planning, portfolio management, retirement, estate planning, and investment guidance. Of course, Fidelity is more than just wealth management services. You're well known for your brokerage platform that allows individuals to trade with low fees. Traditionally, Fidelity has been known for its family of mutual funds, which many investors buy to have a well-diversified portfolio. And finally, Fidelity provides financial advising to clients, whether individuals or institutions."

Written by Rachelle Enns on September 28th, 2021

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