1.0
4 Dec 2008
Former employee
Westlake, TX
Recommend
CEO approval
Business outlook
Pros
The six month training program is a nice introduction the industry. You earn the Series 7 and 63 which are marketable in the industry. The trick is getting out of Fidelity as soon as possible. Once you get close to exam time (Series 7), start applying to companies.
Cons
No career mobility, low pay. With a base salary of around $36,000 and life tied to a phone all day...this is a thankless job. People stick it out because they think there is vertical mobility in the company. Fidelity is good about giving the illusion of a promotion every 6 months or so (if you work hard), but these only horizontal moves where they add a new skill set. Unfortunately, these skill do not translate elsewhere.