Fisher Investments Review [Updated August 2024] (2024)

Fisher Investments: who are they?

Fisher Investments is a financial advisory firm founded in 1979 by Ken Fisher, a renowned investor and author of financial strategy books.

The firm focuses on offering portfolio management and investment strategy guidance for wealthy investors who want to grow their assets without exerting too much direct effort.

Today, Fisher Investments serves over 150,000 clients worldwide and has more than $265 billion in assets under management.

Fisher Investments does not offer brokerage services, but its financial and investment planning services are comprehensive. Its philosophy is one of transparency, efficiency, and well-researched investment growth.

What do Fisher Investments do?

When you sign up with Fisher Investments, they will assess your existing investment portfolio and future financial goals and start developing a strategy to achieve them.

Fisher Investments’ advisors design highly customized portfolios based on the structure of Ken Fisher’s financial methods. Each portfolio is curated to reflect individual client needs and aspirations for their investment careers.

Fisher Investments is a good financial advisory firm to choose if you are a wealthy investor with a fair amount of investment experience but are seeking support for portfolio expansion and management over time.

Fisher is a respected and trusted name in the investment industry.

What are the pros and cons of Fisher Investments?

While Fisher Investments' financial offering offers a range of impressive and comprehensive investment portfolios and financial management options, it doesn’t provide brokerage services, and its steep minimum investment requirement fees can be limiting.

These are the other pros and cons of this firm:

Pros

Cons

Fisher Investments: financial services

The main financial service Fisher Investments offers is personal and investment wealth management.

Their aim is to equip clients with a highly customized and comprehensive investment portfolio that aligns with individual financial goals and strategies.

Under the personal and investment wealth management umbrella, Fisher Investments can help with portfolio design, financial planning, retirement planning, estate planning, and annuity evaluation.

Fisher Investments: fees

Fisher Investments’ fees are considered higher than average within the investment portfolio management industry. With a minimum portfolio value of $500,000, Fisher Investments' financial services are not accessible to those still building their wealth.

This firm charges an Assets Under Management (AUM) fee in exchange for running your portfolio. That means they will charge you a percentage-based fee of the total amount you invest with them. The percentage depends on what size your portfolio is.

Investments of up to $1 million are charged at 1.25% AUM per year, while those over $4 million are charged 1.125% per year, and those with assets over $5 million overall are charged 1% per year. So, the more you invest, the less AUM you pay per year.

Fisher Investments typically requires a minimum portfolio value of $500,000 to open an account. However, they offer WealthBuilder accounts for investors with at least $200,000 in investable assets on a case-by-case basis. These smaller accounts may incur a higher fee rate of 1.50%.

Fisher Investments: technology

Fisher Investments’ technology is relatively basic and straightforward.

The platform used to access online investment services does not accommodate brokerage activity, so clients cannot make their own independent trades.

The Fisher Investment website is more of an external custodian than a personal account management system. Using login details that are created when you sign on with the firm, you can access personal information about the status of your accounts and portfolio, but any actions relating to them must be processed with the help of your financial advisor.

Fisher Investments security: is it secure?

Fisher Investments' security is considered up to industry standards.

With tight encryption procedures and over ten locations where you can meet with a Fisher representative, all client information is handled with the utmost security and protection.

If in-person meetings are not preferable to you, Fisher Investments also offers online video meetings. Advisors work closely with clients to ensure that assets and data are handled securely and any unusual activity is detected immediately.

Fisher Investments: customer service

Excellent customer service is one of Fisher Investments's best-known attributes.

Each client is assigned a Fisher investment financial advisor who is legally and ethically bound to serve their best interests and help them achieve their financial goals efficiently and smoothly.

Seek expert financial advice

Fisher Investments is a highly reputable financial and investment services firm that helps wealthy clients improve their portfolios and manage their finances better.

However, its requirement of a minimum portfolio value of $500,000 may be a barrier to entry for many people.

If you need expert financial advice, Unbiased can match you with a financial advisor who will help you manage your money and make the most of your investments.