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Fidelity Investments provides brokerage, retirement plan recordkeeping, wealth management, and asset management services to individuals, employers, advisors, and institutions, plus online trading platforms and mutual funds and ETFs. It earns fees from managing and administering assets, advisory services, and brokerage transactions. Founded in 1946 and headquartered in Boston, it is privately held and administers trillions of dollars for U.S. and global customers.