The Hidden Family Dynasty Behind One of America's Financial Giants

One in every five American adults is a customer. The company generates more than $32 billion in annual revenue. And the $17 trillion in customer accounts and investment funds it manages exceeds the combined gross domestic products of Germany, Japan, and India. Yet despite Fidelity Investments' enormous influence, relatively little has been known about the singular family behind the Boston-based multinational financial services giant. In his new book, House of Fidelity, Justin Baer, deputy markets editor with The Wall Street Journal, reveals the dramatic three-generation saga of the fiercely private Johnson family and how they helped transform American investing. This week, Baer shares the behind-the-scenes story of Fidelity's success and the universal lessons Fidelity's rise offers in leadership, marketing, innovation, and succession planning. Monday Morning Radio is hosted by the father-son duo of Dean and Maxwell Rotbart. Photo: Justin Baer, The Wall Street Journal Posted: June 1, 2026 Monday Morning Run Time: 1 Hour 3 Minutes Episode: 14.48 RELATED EPISODES: T. Rowe Price's Sébastien Page Shares 18 Groundbreaking Leadership Principles If You Had a Chance to Visit With the Late Charlie Munger, What Would You Ask Him? Your Savings and Investments: A Conversation with 'America's Money Answers Man'