COVINGTON, Ky. — Covington celebrates the announcement from Fidelity Investment Wednesday.


What You Need To Know

  • Fidelity Investment will hire 600 employees in Covington

  • Majority of the jobs will not require previous financial services experience

  • There will be some leadership and technology hires

  • Fidelity is one of Northern Kentucky's largest employers

 

The investment firm and Gov. Andy Beshear announced the company plans to hire close to 600 people in Covington for its Kenton County campus. 

In a statement to Spectrum News 1, Beshear said, “Fidelity’s commitment to providing Kentuckians with quality job and training opportunities will continue paying dividends as our state positions itself to lead in the post-COVID economy. I am so appreciative of the company’s longtime partnership, and I congratulate Fidelity on its strong, sustained growth in Kentucky.”

The Fidelity announcement comes days after Beshear announced more than 1,100 new jobs with the expansion at GE's Appliance Park and the grand opening of a new Dollar General distribution center in Walton. 

The Fidelity jobs in Covington will mostly be for unlicensed roles and previous financial services experience isn't needed. The company will have some licensed roles, leadership, operations and technology jobs. 

New employees who want to learn more about financial services or wants to become certified will be able to do so with training Fidelity will offer. 

Kevin Canafax, vice president of regional public affairs at Fidelity Investments said, “These new jobs come at a time when people are reconsidering what kind of work they want to do, and where they see themselves.” 

Fidelity already employs almost 4,700 in the Covington area. The company first located in Kenton County in 1992 and according to a news release from Beshear's office, it is one of Northern Kentucky's largest employers. 

Kenton County Judge/Executive Kris Knochelmann said Fidelity continues to help move the area's economy forward. He said, “Fidelity has played an enormous role in helping our community recover from the pandemic, and the company’s plans to hire hundreds bode well for our region’s economic future.”