Fisher Investments Reviews 

I am a UK Client and have been with Fisher Investments for nearly 6 years, since March 2018. I am invested 100% in The Purisima Equity Fund. Performance has been fabulous, far outstripping various big name UK investment houses I had been with previously. Communication has been fabulous. Customer Service has been fabulous. I note one or two negative remarks on this forum, but they come from individuals who were only with Fisher for extremely short periods of time. In one case only 60 days - Good Grief! To get the real picture all you need do is look at Fisher Investments performance over the last Year, 5 Years or 15 Years...and it's very good indeed. I give them a 24 Carat recommendation.

I moved our investments from RL360 and SJP to Fisher Investments in 2021 and it was the best move ever! Regular calls from our Investment Counsellor, Ken Fisher column and an impressive return on the Purisma Fund (38% in 2023).
Unlike SJP & Abbey Wealth (RL360), they use in house analysts and publish their Investment Committee meetings. Personally I rate them very highly. They have a investment strategy, and inform investors of trading changes with rationale.

I trusted Fisher with a bit over $1M for about 60 days and regret it.
1. Fisher has one strategy. All stock. Fisher closely aligns with the S&P500, modifying for geography and industry. Currently, they are heavier in US stocks and favor technology stocks.
2. ALL efforts (meetings, literature, videos) we were exposed to focused on getting us to "stick with it". I asked, If World War III breaks out, do I call you or will you call me to suggested changes? The answer was: I will call, but we always recommend to stick with it.
3. Every person I dealt with was early in their career, including sales executives, management, and financial counselor.
4. The lack of expertise is hidden. I asked for some sort of background on my assigned financial counselor and could not get one. LinkedIn showed no relevant education and three months of experience as a Fisher employee. Fair enough, their job was to keep us pacified and NOT to guide us or our investments.
5. Two of our accounts were around $20k, too small to receive the "Fisher magic". They invested the money into index funds aligned to the S&P500 and charged us 1.25%.
6. Nothing has worked out at first try. Regular distributions, invoices, phone calls, missed appointments, ... I am stilling trying to get a final invoice for our largest account.
7 My advice: Read the literature and then spend some time looking into the performance of S&P500 and NASDAQ index funds. I agree with the bias towards technology. I also agree with the need to continue the growth of the portfolio deep into retirement to keep up with inflation and distributions, as Fisher is counseling. Some mix of S&P 500 index and NASDAQ (tech heavy) index funds will serve us better and cheaper than Fisher.

From time to time we will re-evaluate if we should tilt a bit away from tech or pivot to a stronger international composition.

Scott contacted me after I downloaded an article from the Fisher Investment website. I have had 2 calls with Scott Duff. Scott was very knowledgeable and provided answers to all my questions to help me make my pension investment decision. Scott did not give a sales pitch but provided the data I required. Although I decided to manage my pension myself for the moment, if my circumstances change I will definitely engage with Scott again.

Happy now we are no longer with Fisher!!

I invested my SIPP and ISA funds in Jan 2016 when I retired and this was all of my 'third leg of the financial stability in retirement stool'; the others being rental property and private and state pensions. I have never looked back and am delighted with Fisher while I travelled widely and followed my motor racing interests round the world. I trusted Fisher and am so pleased I did, despite a c.20% fall back at one point. In less than 7 years, growth has on average been double digit each year. I'd never have achieved that myself, so why try? Why micro-manage? Why expect short term gains when this is for the longer haul? Support, with quarterly Counsellor calls, seminars and frequently published articles, communications are genuinely superb.

It has been a little over two years and I have lost $180,000 on one account and about as much in an account I moved. They got everything wrong. Inflation was temporary and it proved not to be. Interest rates would drop and they didn’t. I remember one of their gurus saying the UK-RU war would be insignificant to the global economy as they only represented 2% of global GDP. They forgot oil and grain and the impact of western involvement in the war. I’m a 77 year old. They over-weighted my equity portfolio in tech stocks that tanked. They also stayed with Chinese tech stocks long after everyone raised questions about the Chinese regulatory environment. On top of that they tried to convince me that ESG was best practice in stock selection. Ken Fisher is a legend, only in his own mind.

I was invested with Fishers for 7 years, and to be fair I did OK but not better than the SP500 average.
What I did not like is the administrations lack of transparency on fees, it took me 4 months to get the full discloser on how much I was paying. You do not only pay Fishers, you also pay in my Raymond James and Curtis Bank, but you cannot see year by year how much is coming out of your account. I have left Fishers, when I told them I was leaving the dragged out the transfer process continually stalling and trying to change my mind. Fisher have offered and apology but what they say is not true it took 4 months to get a clear written statement of the fee's.

These guys charge a little more (about .3%) because they have tons of their own analysts--one of which, Ricardo, is assigned to me. Even though we have one of their smallest portfolios we receive stellar service, quarterly client dinners, and updates, and they LISTEN to us. We collaborate as a team together, and we've learned a lot. Bottom line, they've returned between + .9% to 1.2% above their competitors for decades.

I've had a great experience with Fisher Investments - one hundred percent equities, and they have outperformed the smaller tracker funds I have. It is obvious why, stock selection; they can buy the key drivers of an index and not the chaff. Look at the NASDAQ, with the whole index, it is still down 14%, where as my funds with Fisher are up 8%.

I have been with Fisher for 5 years, and have been extremely happy with how they have managed my portfolio. I am able to connect with my Investment Counselor at any time with questions or concerns. She is smart, experienced and empathetic. I also appreciate their ongoing seminars (both in person and online) to help better educate us as to what Fisher is doing and why. You cannot blame a company for a turbulent stock market. I do believe that they try to get the best return they can for all of their clients.

I did about six months due diligence on Fisher Investments prior to giving them about $800,000. Long story short they never really delivered on being a defensive company and preventing the losses. I had after a year and a half I stop pulling out any money to live off of in order to try to rebuild my base. They do have very high charges and their claim that they only do better when their customer does better is a complete joke as you’re losing money they continue to hit you with extremely high charges on. I returned my investment portfolio to Fidelity whose charges are about half of what Fisher . I’m very pleased now that I am with Fidelity, and I strongly warn you do not go down the Fisher path. You will be very sorry.

I don’t recommend Fisher investment at all. From Fidelity investment I switch to Fisher investment, within six weeks of managing my portfolio I lost $35K. I decided to switch back to Fidelity and it’s starting to gain back again. And the worst part is that they messaged me that I owed Fisher $900 for mismanaging my portfolio. This is the worst decision I ever made to switching to fisher investment. Don’t listen to their commercial, everything is a lies.

In a background of Fed warnings of rate increases, war in Ukraine. a stock market with very high P/E ratios and a market that had begun its collapse, Fisher put me into a high priced, high risk portfolio with a 20 year time horizon. I am 83 years old. They also couldn't or wouldn't acknowledge that it was a bear market even into last summer. I took my accounts out of Fisher at the end of the year. I think Fisher should change its slogan to "We do better when our clients do better and when our clients do worse we do ok".

I lost $360,000 during 2021 to Aug 2022. I kept asking and telling them please lets sit on cash wait for the market.. NO THEY SAID. We feel it will increase and come back 10% at the end of 2022.. That never happened. I sold everything and QUIT FISHER

Terrible performance. Completely mis-read the market and didn't react to anything. They make money if you keep your money with them. I put money with them and Fidelity. Fisher sat and did almost no adjusting in my portfolio all of 2021. Needless to say I am significantly down with them. Fidelity worked hard at moving my assets around. Still down but nowhere near Fishers head in the sand approach

Total ripoff investment management company.
Lousy Returns. High Fees. They make it very hard for their clients to find out what their returns and even their account balances are. Like others have stated, their only expertise is in aggressive advertising, NOT investing. Once they have your money, you are doomed. I got conned. Don't make the same mistake. RUN--DO NOT WALK--AWAY FROM THIS COMPANY. Also, DO NOT trust SmartAsset's glowing assessment of Fisher investments. They are even more untrustworthy than Fisher.

I have been with Fisher Investments UK for 7 years and I could not be happier. It has been a tough year for many reasons but the company’s level of service is unmatched. The role of the IC makes it easier to sleep well at night. Given the performance over the past few years has been exceptional, the current state of the climate is not a concern. Looking forward to a brighter 2023 in the stock market

Just got out of Fisher entirely. They're fine in a bull market but have no overall plan when the market goes south, e.g., no reactive or stop-loss strategy or capital preservation.
When I first met with a Fisher representative in person, I asked what they do in bear markets, and was told that they would protect my money. They haven't they preserved or protected my portfolio in the past 14+ months - other than move out of some equities and into others.
When I saw my portfolio dip >20%, and then >25%, I asked my investment counselor what was being done, and received an edgy, "What do you want us to do, put it all in cash? You won't be positioned when the market rebounds."
Like any investor, bear markets and recessions happen. But a contingency plan is key ... especially when markets / portfolios keep sliding >9 months! To their credit, they do provide webinars and client calls, but pointing to historical examples and being reminded to be patient doesn't help when your portfolio is no better in November 2022 than November 2020.
Fisher doesn't have a well-rounded or understood strategy when markets slide over time, and no plan to stop the bleeding. Given what has happened with my hard-earned money, I'm done.

Fisher Investments might have some negative reviews, but my guess are those are from people that are clearly frustrated by the market environment and their own confusion about investing. Yes they call way to much at the beginning. However I decided to hear them out and now I have been a client at Fisher for 4 years. They did very very well durring the Covid crisis and called me regularly with updates and made a few strategy changes that knocked it out of the park in 2020 and 2021. In 2022 they are doing about what the market has done and they have assured me I am still on track and provide me with the mathematical proof that helps me sleep well at night. Thank you to my Investment Representative Steven and his team. Best Investment group I have worked with and I prior with a local Edward Jones person, and Vanguard. But they were always getting me about 1/2 of what the market was. Fisher is worth the value and he is humble enough to go on TV and explain to the world his good calls and bad calls. Can you say the same about your person?