Kathleen Murphy | |
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Born | Meriden, Connecticut, U.S. [1] | January 27, 1963
Education | Fairfield University (BA) University of Connecticut (JD) |
Occupation(s) | Lawyer, Business executive |
Employer | Fidelity Investments |
Board member of | BlackRock Markle Foundation National Football Foundation Financial Industry Regulatory Authority (FINRA) |
Kathleen Ann Murphy [1] (born January 27, 1963) [1] is an American lawyer and business executive. She is the President of Fidelity Personal Investing, a unit of Fidelity Investments. In this role Murphy has responsibility for Fidelity's retail brokerage, mutual fund, IRA, insurance and managed accounts businesses.[ citation needed ] It was announced January 21, 2021 that Kathy will be retiring from Fidelity Investmests.
Fortune profiled Murphy as a Women of Power in 2010 [2] and one of the 50 Most Powerful Women from 2007 to 2013. [3] [4] [5] [6] [7] [8] U.S. Banker named Murphy one of the Top 25 Nonbank Women in Finance in 2010 [9] and 2011, and one of the 25 Most Powerful Women in Banking in 2008. [10] Irish America magazine named her to their Wall Street 50 [11] and Business 100 [12] lists in 2007, 2008, 2009, 2010 and 2011. [13] Investment Advisor named Murphy to their top women in wealth list in 2010 and 2011 [14] and she has also been named to the Power 100 Financial Services list. She is an occasional guest on CNBC. [15]
Murphy began her career as a healthcare attorney at Aetna, at age 27. [16] [17] She held different positions in legal and government affairs during her 15 years at Aetna, including general counsel and chief administrative officer of the financial-services arm. [18] [17] When the division was sold to ING Group in 2000, [17] Murphy became group president of ING Worksite and Institutional Financial Services. [19] She later became chief executive officer of ING U.S. Wealth Management. [18] [20] Murphy now serves as the president of the Personal Investments division at Fidelity Investments. [18] [17]
Fortune listed Murphy as a "Woman of Power" in 2010 [21] and one of the 50 Most Powerful Women in 2007; [22] she remains on the list, as of 2018. [16] In 2013, Murphy was featured on American Banker's 25 Most Powerful Women in Finance. [23]
Murphy serves on the Board of Directors for the Markle Foundation and the National Football Foundation, where she is also vice chair. [18] [24] She is on the Board of Governors of the Financial Industry Regulatory Authority (FINRA), [24] and joined the board of directors of BlackRock in April 2025. [25]
Murphy graduated summa cum laude with a Bachelor of Arts degree in both Economics and Political Science from Fairfield University and holds a Juris Doctor degree with highest honors from the University of Connecticut School of Law. [26]