FMR Corp. Company Profile FMR is "semper fidelis" (ever faithful) to its core business. The financial services conglomerate, better known as Fidelity Investments, is the world's #1 mutual fund company. Serving more than 19 million individual and institutional clients, Fidelity manages approximately 360 funds and has more than $1 trillion of assets under management. Among its notable offerings is the Magellan Fund, which was for many years the largest in the US. The founding Johnson family controls most of FMR; Abigail Johnson, CEO Ned's daughter and heir apparent, is the largest single shareholder with about 25%.
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