Fidelity Investments will pay for undergraduate degrees for its entry-level customer service phone representatives who work in the company’s regional call centers.
Once an eligible associate completes an application, Fidelity will pay the cost directly to the school, avoiding the need for reimbursements, the company said in a press release Tuesday.
The degree programs are designed for working adults and are offered in a variety of majors that align with Fidelity’s business and the financial services industry. Associates also will receive free coaching to assist with the selection of a school, the area of study, and support balancing work, school, and life. The program will fully pay for tuition, books, fees and taxes.
The firm said it hired more than 16,000 people in 2021 and is on track to exceed that figure this year.
Fidelity did not say how many of its employees it expects will take part in the program.
Chasing productivity is one thing, but when you're cutting corners, missing details, and making mistakes, it's time to take a step back.
It is not clear how many employees will be affected, but none of the private partnership’s 20,000 financial advisors will see their jobs at risk.
The historic summer sitting saw a roughly two-thirds pass rate, with most CFP hopefuls falling in the under-40 age group.
"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel Brubaker, U.S. Postal Inspection Service inspector in charge.
Elsewhere, an advisor formerly with a Commonwealth affiliate firm is launching her own independent practice with an Osaic OSJ.
Stan Gregor, Chairman & CEO of Summit Financial Holdings, explores how RIAs can meet growing demand for family office-style services among mass affluent clients through tax-first planning, technology, and collaboration—positioning firms for long-term success
Chris Vizzi, Co-Founder & Partner of South Coast Investment Advisors, LLC, shares how 2025 estate tax changes—$13.99M per person—offer more than tax savings. Learn how to pass on purpose, values, and vision to unite generations and give wealth lasting meaning
