Founded in 1946 by Edward C. Johnson II, Fidelity Investments is one of the largest asset managers in the world. It operates as a private company, with the Johnson family maintaining a significant ownership stake. The company's mission is to make financial expertise broadly accessible and effective in helping people live the lives they want. Fidelity offers a comprehensive suite of services, including mutual funds, brokerage services for stocks and ETFs, retirement services (401(k), IRA), wealth management, financial planning and advice, life insurance, and college savings accounts.