The financial services giant to receive $8.1 million in state tax credits if it brings up to 400 jobs to state
Fidelity Investments, one of the country's largest financial services firms, announced Monday it would bring as many as 400 new jobs to Arapahoe County.
Fidelity already has about 500 employees in the metro area, primarily at a service center in Greenwood Village, but also downtown and at five investment centers in Colorado.
The Boston-based firm received approval for $8.13 million in job growth incentive tax credits on Oct. 5 from the Colorado Economic Development Commission.
Fidelity, under the project code name 5621, told the commission earlier this month that the jobs will pay an average wage of $74,451. The company also said it was considering Salt Lake City or Jacksonville, Fla.
Fidelity is expected to make $5 million in investments to accommodate the new workers.
Metro Denver continues to be a major hub for financial service jobs, with an estimated 6,770 investment firms employing more than 24,000 workers last year, according to the Metro Denver Economic Development Commission.
Among some of the larger firms here include TIAA-CREF and Charles Schwab & Co., which a year ago completed a Lone Tree campus to consolidate 1,900 workers and provide room for expansion.
