Fisher Investments
Fisher Investments is a well-known and established independent investment advisory firm based in Plano, Texas. Founded in 1979 by Ken Fisher, it has grown into a global player serving a diverse range of clients, including individuals, families, institutions, and small-business retirement plans.
Key Highlights
- Assets Under Management (AUM): As of 2024, Fisher Investments manages over $200 billion in assets globally.
- Global Presence: The firm has a wide reach with offices across the United States, Canada, Europe, Middle East, Asia, and Australasia.
- Investment Philosophy: Fisher Investments is known for its top-down approach to investing, focusing on macroeconomic trends and emphasizing the importance of diversification across asset classes.
- Ken Fisher: The founder and Executive Chairman, Ken Fisher, is a prominent figure in the financial world, known for his regular columns in Forbes and other publications. He’s also authored several books on investing.
- Services: The firm provides a range of wealth management services including portfolio management, financial planning, retirement planning, and investment consulting.
Controversies and Criticisms
- High Fees: Fisher Investments has been criticized for its relatively high fees compared to some competitors, particularly for smaller accounts.
- Aggressive Sales Tactics: The firm’s sales practices have been questioned, with some clients reporting feeling pressured into investing.
- Advertising Claims: Fisher Investments has faced scrutiny over some of its advertising claims, particularly around its investment performance and the potential benefits of its services.
Choosing Fisher Investment: Things to Consider
If you’re considering Fisher Investment, it’s crucial to weigh the pros and cons carefully.
- Pros: Experienced firm, global presence, diverse services, well-articulated investment philosophy.
- Cons: Relatively high fees, potential aggressive sales tactics, controversies around advertising claims.
It’s also advisable to:
- Compare with other firms: Consider other wealth management options to understand the range of fees, services, and investment approaches available.
- Read reviews: Look for independent reviews from current and former clients to get a sense of their experiences.
- Ask questions: Don’t hesitate to ask Fisher Investments about their fees, investment strategy, and client experience.
Conclusion
Fisher Investments is a major player in the wealth management industry with a long track record. While it has a solid reputation, it’s essential to be aware of its potential drawbacks and to conduct thorough research before making a decision.
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