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Fisher Investments
IndustryFinancial
Founded1979
FounderKen Fisher
Headquarters
Camas, Washington
,
USA
Number of employees
3,500 [1]
Websitewww.fisherinvestments.com/en-us

Fisher Investments is an independent money management firm headquartered in Camas, WA.[2][3]

History

Ken Fisher founded the firm in 1979, incorporated in 1986,[4] then served as CEO until July 2016, when he was succeeded by long-time Fisher Investments employee Damian Ornani. Fisher remains active as the firm's executive chairman and co-chief investment officer.[5]

Fisher Investments and its subsidiaries manage over $100 billion in assets for individual investors and institutional investors around the world. The firm maintains four principal business units: Fisher Investments Institutional Group, Fisher Investments Private Client Group, Fisher Investments 401(k) Solutions Group and Fisher Investments International Group.[6]

After entering the United Kingdom in 2000, Fisher expanded the firm's US operations by opening offices in Vancouver, Washington and Plano, Texas.[7]

In late 2011, Ken Fisher opened Fisher Investments' new headquarters on the 120-acre Fisher Creek campus in Camas, Washington. Over the next three years, Fisher Investments expanded its Pacific Northwest activities by constructing two additional buildings on the Fisher Creek campus.[8] Fisher Investments has since opened international offices, including locations in the United Kingdom, Ireland,[9] Germany, Japan, Dubai, and Australia.[10]

Corporate culture

Employees are held to vague targets and some employees contend that “fear” is ever present. The pressure on those in Fisher's boiler rooms is particularly intense.[1]

Funds

Fisher Investment’s fees are some of the highest in the industry. For private clients fees range from 1% to 1.5%.[1]

Fisher Global Return

Although the fund's perfromance is mixed, it has slightly outperformed the MSCI World benchmark by 0.5% per annum in recent years.[1]

Purisima Total Return Fund

Liquidated in 2016 due to underperformance.[1]

Ratings and awards

For six consecutive years (2014, 2015, 2016, 2017, 2018, 2019) the firm was recognized as one of the top 300 US-based Registered Investment Advisors (RIAs) in the Financial Times' Top 300 list. The survey ranks money managers with at least $300 million total assets under management..[11][12][13][14][15]

In 2016, Fisher Investments ranked #164 on the Pensions and Investments/Towers Watson list of the World's 500 largest money managers.[16]

Grüner Fisher Investments was rated "Best Employer in the (German) Financial Sector" in 2015 by the German investment magazine, Cash.Online,[17] and again in 2016 by the magazine Das Investment.[18] The honor is based on a survey of employees across 115 different companies, ranked on 13 individual factors including career opportunities, work climate and atmosphere.[18]

Fisher Investments Europe, a wholly owned subsidiary of Fisher Investments, was recognized by ADVFN as Wealth Manager of the Year in its International Financial Awards, announced March 8, 2016.[19] The awards aim to recognize and celebrate best of breed products and services from across the financial industry, both nationally and internationally.[19]

References

  1. ^ a b c d e Willmer, Sabrina. "Inside Ken Fisher's Private Kingdom, Where Hardball Culture Reels in Billions". www.bloomberg.com. Bloomberg. Retrieved 21 October 2019.
  2. ^ Corvin, Aaron (21 June 2012). "Fisher Investments CEO heralds the singularity". The Columbian. Retrieved 20 January 2014. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  3. ^ Margaret Brennan & Ken Fisher (7 September 2010). Fisher Investments Ken Fisher Interview Expert (Television). Bloomberg Television.
  4. ^ "Fisher Investments - CrunchBase". AOL Inc. Retrieved 2 March 2015.
  5. ^ "Fisher Investments names Damian Ornani CEO as Ken Fisher relinquishes role". Investment News. March 22, 2016. Retrieved November 4, 2016.
  6. ^ Wollman Rusoff, Jane (2015-06-01). "Ken Fisher Reveals His Market-Beating Secrets". Retrieved 2015-08-04.
  7. ^ Joner, Cami (26 December 2013). "Work Starts on 2nd Fisher Building". The Columbian. Vancouver, WA: Highbeam.com. Archived from the original on 11 June 2014. Retrieved 20 January 2014.
  8. ^ Acheson, Heather (7 June 2011). "Fisher Investments plans for two new buildings". Camas-Washougal Post-Record. Archived from the original on 25 March 2015. Retrieved 25 March 2015.
  9. ^ "US giant Fisher to enter Irish market". Independent.ie. Retrieved 2019-08-12.
  10. ^ "Fisher Investments Address and Office Locations". FisherInvestments.com. Retrieved 25 March 2015.
  11. ^ "FT 300 Top Registered Investment Advisers" (PDF). Financial Times. June 26, 2014. Retrieved November 15, 2016.
  12. ^ "FT 300 Top Registered Investment Advisers" (PDF). Retrieved 25 March 2015.
  13. ^ "The FT 300 List". www.ft.com. Financial Times. June 15, 2016. Retrieved November 15, 2016.
  14. ^ Fox, Loren (2018-06-28). "FT 300 — the list: the top US registered investment advisers 2018". Financial Times. Retrieved 2019-08-12.
  15. ^ Fox, Loren (2019-06-27). "FT 300 list: the top US registered investment advisers in 2019". Financial Times. Retrieved 2019-08-12.
  16. ^ "Table: The world's largest money managers". pionline.com. Pensions & Investments. October 31, 2016. Retrieved November 15, 2016.
  17. ^ "Die besten Arbeitgeber in der Finanzbranche". Cash.Online. November 18, 2015. Retrieved November 4, 2016.
  18. ^ a b "Die nettesten Chefs der Finanzbranche". Das Investment. October 14, 2016. Retrieved November 4, 2016.
  19. ^ a b "ADVFN International Financial Awards 2016". uk.advfn.com. October 14, 2016. Retrieved November 4, 2016.
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