Abigail P. (Abby) Johnson is named chairman and chief executive officer of FMR LLC, Fidelity's parent company, and the third generation to lead the privately owned company.
Fidelity becomes an Internet pioneer as the first mutual fund company to create a home page.
Fidelity launches Portfolio Advisory Services (PAS), offering discretionary investment management, asset allocation, and portfolio rebalancing for investors.
Fidelity Select Portfolios are the first in the industry to offer hourly pricing, replacing end of the day pricing.
401(k) products and services are first offered to plans utilizing Fidelity's mutual fund product line.
Edward C. Johnson 3d becomes chairman and CEO of FMR Corp.
Fidelity Daily Income Trust (FDIT) is launched as the first money market fund to offer a checkwriting feature.
Fidelity Management & Research Company is founded and Edward C. Johnson 2d becomes president.