Fidelity Management & Research Company LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Boston, MA. Its latest Form ADV filing, dated March 30, 2026, reports $5.7T in regulatory assets under management, 1,427 employees, 6 offices, and 37,227 accounts.
Portfolio management for individuals and small businesses
Portfolio management for investment companies
Fee models offered
4 types reported
Asset based fees
Fixed fees
Other fee arrangements
Sources checked May 13, 2026
Client Coverage Demographics
Top client segmentHNWI represent 80.3% of total clients.
Top client categories% of clientsClients
1
HNWI
80.3%
29,432
2
Individuals
18.0%
6,596
3
Investment Cos.
1.6%
595
4
Pooled Investment Vehicles
0.1%
21
Additional categories (<0.1%)
Government6 clients
Categories with <5 clients
PILOT FUNDS<5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$5.7Tas of March 30, 2026
Discretionary100.0%
$5.7T
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Latest AUM$5.7T
Total Accounts37,227
10Y AUM Change+$5.5T (+2495.6%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees1,427
Clients per Employee26:1
10Y Employee Change+1,091 (+324.7%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.