,"Fidelity Investments' new AI-driven Wealth Planning service is designed to provide a comprehensive view of a customer's financial goals and..."
Fidelity Investments, one of the largest asset management firms in the world, has announced a major expansion plan that will add 4,000 new roles to its workforce by the middle of 2023. The plan includes the hiring of 734 new technologists in the first half of the year, as well as additional staff for its regional office in Greenwood Village, Colorado. The expansion is part of the company's focus on providing innovative investment solutions and new technology to better serve its customers.
The expansion plans come as rival asset managers are cutting back on their staffs, and as Fidelity is looking to be at the forefront of the changing investment landscape. The company is investing heavily in artificial intelligence, with a new AI-driven Wealth Planning service designed to provide a comprehensive view of a customer's financial goals and resources. Fidelity is also pouring resources into the Fidelity Charitable Gift Fund, a donor-advised fund program that has been helping individuals, families, and organizations with their philanthropic goals since 1991.