One well-known investment company is helping to create finance jobs in Rhode Island.

Fidelity Investments has announced its plan to move 500 jobs from other locations to the company’s Smithfield location. The company currently employs about 2,300 workers in Smithfield. The new jobs are expected to pay from $50,000 to $60,000 per year.

The Smithfield operation handles a variety of tasks for the company, including direct investment, the company’s online retail brokerage operation and the company’s retirement-savings operation, which includes administering 401(k), 403(b) and other employer-sponsored retirement-savings plans.

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