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First Quarter Results For Fidelity Brokerage Company
BOSTON, April 19, 2005—Fidelity Investments today announced first quarter results for Fidelity Brokerage Company showing that for the three months ended March 31, 2005, total client assets rose 15 percent, total client accounts increased 12 percent, daily average commissionable trades increased 7 percent and net new client assets declined 4 percent, compared with the first quarter 2004.
For first quarter 2005, total client assets under administration for the quarter were $1.14 trillion, an increase of 15 percent from $995.0 billion one year ago. Total client accounts on March 31, 2005 were 14.7 million, up 12 percent compared to 13.1 million over the same period in 2004.
Fidelity Brokerage Company also reported that first quarter 2005 daily average commissionable trades were 243,974, up 7 percent from 227,699 in the first quarter of 2004.
About Fidelity Investments
Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of $2.1 trillion, including managed assets of $1.1 trillion as of March 31, 2005. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 19 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, one of the largest mutual fund supermarkets and a leading online brokerage firm.
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Investment Management 
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