About Fidelity

Fidelity by the Numbers: Fidelity Institutional

Business Overview

Fidelity Institutional is Fidelity’s business unit dedicated to serving financial intermediaries and institutions, offering:

  • Investment & technology products and solutions
  • Clearing and custody services
  • Institutional trading products, services, and execution
  • Insights, expertise, and a “world-class” client experience

FI Business Highlights, as of March 31, 2020

Total FI assets under administration (AUA): $2.8 trillion
Daily Average Revenue Trades (DARTs) for Q11: 345 thousand
President, Fidelity Institutional Mike Durbin
Total Employees: 2,800


FI Headquarters are in Boston, MA with several regional centers across the United States, including: Westlake, TX; New York/New Jersey; San Francisco, CA and Smithfield, RI.