Fisher Investments is an independent, fee-only investment adviser. As of 3/31/2023, Fisher Investments manages over $192 billion in assets globally for private investors, institutional investors, and US small to mid-sized business retirement plans. For more information on Fisher Investments, please visit www.fisherinvestments.com.
Investment Policy Committee
The Investment Policy Committee (IPC) is the dedicated team that makes all strategic investment decisions for client portfolios. The IPC, which includes Ken Fisher, Jeff Silk, Bill Glaser, Aaron Anderson and Michael Hanson, collectively monitors global economic and market conditions to devise and implement the firm's investment strategies with the support of the firm's large research department. The IPC has over 150 years of industry experience.
Ken Fisher
Founder
Ken founded Fisher Investments in 1979, now serving as Executive Chairman and Co-Chief Investment Officer. His prestigious Forbes “Portfolio Strategy” column ran from 1984 through 2016, making Ken the longest continuously running columnist in Forbes’ history. He writes monthly, native language columns in major media organs around the world, including the New York Post in the United States; Australia’s most read newspaper, The Australian; Denmark’s leading business newspaper, Børsen; Singapore’s The Business Times; Taiwan’s Business Weekly; Caixin—often called the “Bloomberg of China”; South Korea’s largest business paper, Chosun Mint; the Netherlands’ largest newspaper, De Telegraaf; Japan’s Diamond Weekly; Spain’s largest business website and newspaper, elEconomista; Germany’s Focus Money; Canada’s most read newspaper, The Globe and Mail; Switzerland’s leading business paper, Handelszeitung; the Hong Kong Economic Journal; Italy’s third largest newspaper and number one business paper, Il Sole 24 Ore; France’s L’Opinion; Belgium’s La Libre; the United Arab Emirates’ The National; and Austria’s Trend. He also appears regularly on financial and news media segments—including on Fox News, Fox Business and CNN International—and is active on social media. Ken has authored 11 books, including 4 New York Times bestsellers.
Jeff Silk
Jeff Silk is a Vice Chairman and Co-Chief Investment Officer. Jeff oversees all portfolio management functions across a wide range of investment strategies at the firm. Jeff joined Fisher Investments in 1983 as one of the firm's first employees. Prior to his current role, Jeff was President and Chief Operating Officer and has also served as Director of Trading and Operations. He has been an Executive Officer since 1988 and a member of the firm's Board of Managers since 2002. Jeff is a member of the University of San Francisco Board of Trustees Investment Committee.
Bill Glaser
Bill Glaser is the Executive Vice President of Portfolio Management and Co-Chief Investment Officer. Bill joined Fisher Investments in 1999 and has served on the firm's five-member IPC since 2011. He was appointed Co-Chief Investment Officer in 2022. Prior to his current responsibilities, Bill held several different positions at the firm, including Capital Markets Research Team Leader, Securities Research Team Leader and Securities Research Analyst.
Aaron Anderson
Aaron Anderson is a Senior Vice President of Research, currently overseeing the firm's global macroeconomic and capital markets research. He has been with Fisher Investments since 2005 and has previously served as Capital Markets Team Leader and Innovation Manager. He is the author of two books, including Own the World: How Smart Investors Create Global portfolios. He is also a regular guest on major financial TV networks, like CNBC, and is quoted in publications, like The
Wall Street Journal and Reuters, for his thoughts on market developments.
Michael Hanson
Michael Hanson is a Senior Vice President of Research currently overseeing Fisher Investments’ Research Group. He has been with the firm since 2002 and has previously served as a Securities Team Leader, Institutional Client Services Manager, Capital Markets Team Leader and VP of Portfolio Management Communication. He is also the author of 20/20 Money.
Damian Ornani
CEO
Chief Executive Officer Damian Ornani joined Fisher Investments in 1997 and currently oversees all the firm’s non-investment operations. Damian became CEO in 2016. He previously was the President of Client Acquisition and Service, where he oversaw marketing, sales and client service for the firm’s global clients. He is a member of The Wall Street Journal CEO Council, the prominent G100 Network of chief executive officers and the CNBC CEO Council. Damian has been published extensively in a variety of industry publications, including FT Adviser, Financial Advisor, Advisor Perspectives, Financial Advisor IQ, FE Trustnet and Investment News.
General Information |
| Firm Start Year: | 1979 | |
| No. of Employees: | More than 5000 | |
| Name of Custodial Firm: | Available on request |
| States Licensed in: | All 50 States |
| Work with the following types of clients: | Businesses, Non-Profit Organizations, Institutions, Individual Investors |
| Advisory Services Provided: | Financial Advice & Consulting, Estate Planning & Trusts, Portfolio Management, Retirement Planning, 401K Rollovers, Money Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Wealth Management |
Services |
| Investment Types: | Mutual Funds, Environmental, Social and Governance (ESG) Strategies, Exchange Traded Funds (ETFs), Stocks, Bonds, Options & Futures, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Your Home, Phone, Video Conference, Email, Your Office, Our Offices |
Firm Information |
| Firm's Number of Clients: | 130,000+ |
| Assets Managed by Firm: | $192,000,000,000 |
Compensation and Fees |
| Fee Structure: | Fee-Only |
| Minimum Portfolio Size for New Managed Accounts: | $500,000 |
| Compensation Methods: | Based on Assets |
Financial Services |
| Portfolio Management
Fisher Investments is a discretionary, fee-only money management firm that provides investment management and advice to high net worth individuals and institutions. Fisher Investments provides ongoing client education and counsel, ranging from personalized one-on-one service calls to client events around the country. Fisher Investments manages portfolios with a top-down investment approach. The top-down process begins with analyzing market drivers, including the economic environment, political developments and investor sentiment. These considerations help us make asset allocation, sub-asset allocation, and individual security decisions. Fisher Investments has a flexible investment strategy, meaning we can adjust our investment strategy depending on forward-looking market views or clients' personal objectives. |
| Retirement Planning
Fisher Investments supports clients throughout the retirement planning process. The process begins with an in- depth evaluation of client's personal situation, including their retirement goals, objectives, and overall financial situation. Once Fisher Investments understands the client's situation, the team creates a personalized portfolio recommendation. Fisher Investments then implements an ongoing long-term strategy for each client. The firm continues to monitor the client's financial situation, goals and changes in order to adapt the strategy for their needs. Financial planning services include proactive client service, personalized reporting, portfolio reviews and client education resources and events. Our financial planning offerings can include assisting clients with income strategies, estate planning review, annuity counseling, tax planning support, and Social Security analysis. |
| 401K Rollovers
Fisher Investments has client service operations team who can help clients with 401(k) rollover needs. Some of the services include conducting initial rollover calls, assisting clients with necessary paperwork and tracking the assets during the transfer process. |
| Insurance Planning
Fisher Investments does not sell insurance. Fisher Investments can provide some insurance-related services to clients, which can include support and guidance when weighing long-term care or life insurance options. |
| Annuities
Fisher Investments does not sell annuities. Fisher Investments provides annuity-related education. We have licensed Annuity Counselors that may be able to provide some in-depth guidance on annuities to qualified investors. Additionally, we created the Annuity Evaluation program to specifically help educate investors about annuities they may currently own or are considering purchasing. |
| Estate Planning & Trusts
Fisher Investments is not an estate planner, but may be able to provide investment management for trusts or other investment accounts that qualify. Fisher Investments also offers the support of estate specialists that can review client's estate plans. |
| Tax Advice and Services
Fisher Investments is not a tax advisor, but can take clients' tax situation and preferences into consideration when making investing decisions. |
| Education Funding and Planning
If a client wishes to include education funding as a part of their investment goals, Fisher Investments will consider it and any other personal portfolio objectives when constructing the personalized plan and recommendations. |
FAQs |
How do you charge for your services?Fisher Investments is a fee only money manager. We charge a simple fee based on the amount of assets we manage for you. |
How are you compensated? How will I pay for your services?Fisher Investments fees are structured so we do better when our clients do better. Client accounts are billed quarterly, paying a simple fee based on the amount of assets we manage for you. Therefore, Fisher Investments is incentivized to prudently grow client assets in accordance with their goals and financial circumstance. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something?No. Fisher Investments is a discretionary money manager and we will proactively trade on your behalf when we feel market conditions warrant making changes. We keep our clients well informed and educated about when and why we make portfolio changes. |
How many clients do you currently manage?As of 3/31/2023, Fisher Investments manages over 130,000 client relationships, including over 100,000 private clients in the United States. |
Do you offer any guaranteed results?No. Any investment program may be volatile and can involve the loss of principal. Global investing can involve additional risks, such as the risk of currency fluctuations. No assurances can be made regarding the accuracy of any future prediction. Past performance is no guarantee of future returns. |
Disclosures |
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WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. https://www.fisherinvestments.com/en-us/disclosures |
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Additional Detailed Disclosures |
Disclaimer |
| Investing in stock markets involves the risk of loss and there is no guarantee that all or any capital invested will be repaid. Past performance is no guarantee of future returns. This document constitutes the general views of Fisher Investments and should not be regarded as personalized investment or tax advice or as a representation of its performance or that of its clients. No assurances are made that Fisher Investments will continue to hold these views, which may change at any time based on new information, analysis or reconsideration. |
Registered Investment Advisor:
Yes
Acknowledged fiduciary:
Yes
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