Fidelity Investments will invest approximately $5 million to expand its Regional Center in Greenwood Village, Colorado. The company plans to hire an additional 300 associates in the Denver Metro Area. This expansion, which will take place in January, will increase Fidelity’s financial services presence in the state and will create hundreds of new jobs over the next few years.
Fidelity established its regional center in Greenwood Village in 2013, has hired more than 500 associates since then and built a successful operation that has become an integral part of Fidelity’s nationwide presence. Fidelity also has an asset management company in Denver and five Investor Centers around the state.
“We’re fortunate to have a great partner in the State of Colorado, and we’re confident that the strong business climate in the state will contribute to our continued success,” said Fidelity Senior Vice President/Regional Leader Sherri Kroonenberg. “This expansion, which further deepens Fidelity’s commitment to Colorado, is supported by a program we have worked on with the Colorado Office of Economic Development and International Trade, which provides incentives that will support our hiring efforts through the end of 2018.”
“Fidelity’s expansion adds to the growing list of financial services companies that have chosen to make a significant investment in Colorado,” said Governor John Hickenlooper. “This news helps demonstrate that Colorado, with its innovative ecosystem, top-notch talent pool and entrepreneurial spirit, is a state where business grows and thrives. We look forward to Fidelity’s continued success in our state.”
As an incentive, the Economic Development Commission approved a Job Growth Incentive Tax Credit in the amount of $8,131,621 for Fidelity on Oct. 5, 2015.