In the Margins

Fidelity revenue, profit up

February 16, 2017

By Investor's Business Daily

Fidelity Investments on Thursday said 2016 revenue rose a record 3.4% to $15.9 billion. The combination of revenue growth and slightly lower expenses produced a record profit of $3.5 billion—an increase of 19.5% over 2015's $3 billion in operating income. Read the original story from Investor's Business Daily.

 

 

Most Read

CCO Insight
CCOs see bigger pay bump in 2017

Mutual fund chief compliance officers received significant bumps in pay in 2017, according to new data from Management Practice Inc. On average, fund CCO compensation packages ...