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.
Jim Cahn, of Wealth Enhancement Group, lifts the lid on his firm's partnership model, his views on RIA M&A, and the widely slept-on reason why advisors are merging into larger organizations.
The fintech firm is cementing its status in the workplace savings space with its latest ESA offering, which employers can integrate into their existing benefits package.
Wealth managers offer unique ideas for couples to grow closer emotionally and financially.
Survey findings suggest increased sense of financial security and more optimistic 2025 outlook, while highlighting employers' role in ensuring retirement readiness.
Falling prices for some securities within the $4 trillion state and local government debt market spotlight how the push to shrink spending is sending shockwaves across the US.
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies
From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.