Kathleen Murphy is president of Personal Investing, a Fidelity Investments company that provides retail brokerage, mutual funds, managed accounts, annuities and other financial products and services to millions of individual investors. Ms. Murphy is also responsible for Fidelity>s life insurance and annuities business, its workplace savings business for tax-exempt organizations, all of the firm>s brand and advertising programs, its online strategies through Fidelity.com, and Fidelity>s mobile device applications.
Ms. Murphy, a 25-year industry veteran, oversees a business with more than $1 trillion in client assets under administration, more than 14 million customer accounts and over 11,000 employees. Her business is the nation>s No.1 provider of individual retirement accounts (IRAs)1, one of the largest brokerage businesses and one of the leading providers of college savings plans.
Prior to joining Fidelity, Ms. Murphy was CEO of ING U.S. Wealth Management, leading the Defined Contribution, Defined Benefit, Retirement Solutions, Annuities, and ING Advisors Network businesses. Ms. Murphy began her career with Aetna, spending 15 years in a variety of legal and government affairs positions, eventually serving as general counsel and chief compliance officer, Aetna Financial Services.
Ms. Murphy received her bachelor of arts degree, summa cum laude, in economics and political science from Fairfield University in 1984. She earned her juris doctorate with highest honors from the University of Connecticut in 1987.
Ms. Murphy sits on the Board of Directors of America's Promise Alliance and the National Football Foundation, and serves on the Advisory Board of the Smurfit School of Business at the University of Dublin, Ireland. Ms. Murphy has been named one of the 50 Most Powerful Women in American Business by Fortune magazine, one of the Wall Street Top 50 and Business 100 by Irish America magazine and named as one of the 25 Most Powerful Women in Finance by US Banker, among other honors.