Fisher Investments

Fisher Investments is good only at marketing

Fisher Investments is a trap and they market themselves to be the best investment firm. I moved all my portfolio in 2007 to this firm. I continued to work with them for few years and after continuous problems with my account, I left their company in 2013. I got a call from Fisher few months back, it was again their marketing department that was looking for a reconsideration. So, I could not resist myself and posted this review. When the first time they lured me into getting my portfolio with them was the continuous assurance that they were not traders, which they are actually. This bait got me into a lot of trouble later on. But, this time, I am not going to fall for their sweet talks.

When I had an account with them, they underperformed with every benchmark. I believe that they work on the theory of one size fits all. This is the most stupid thing to do when you are working as an investment company. In 2012, when I was hit by the bill of capital gains which was over 225K, they stayed behind the market significantly. In that same year, they dumped most of their holdings twice which affected most of their clients substantially.

The worst part was when I did some research on my own only to find out that they had not cared about the 13% of my portfolio that went in a “double down bet” when the market was rising. They did not care to inform me. They paid Barclays as well as USB to write the note. It’s more than complicated than anyone can guess. In short, when I got to know about their tactic and asked them to leave, they said that the whole thing could take more than two weeks to unwind the trade. They admitted that the fee was too high, and the things were too complicated that they were not sure if they could find the buyer.

If you wish to see Fisher Investments performance and what they actually get you as a return, visit Morningstar and check out PURIX, the mutual fund they offer. Being their institutional mutual fund, they put every private client group onto this fund. This gets them the lowest possible returns with highest risk possible. If you can guess, they have made 6.79% return long since 1996. So, if you consider inflation, you are actually losing money. On top of that, they have 1.25% Fisher Investments fees.

They are at the verge of collapse and I wish it comes sooner to them. All they are doing is pretending to be your safe keeper and doing everything to take it all away. Fisher Investments reviews are all scattered on internet to give you more insight into their scam .Fisher Investments career is already downside. If you are looking to be a part of their investment plans, you should better get a health insurance first. They can get you into that much trouble.

Is Fisher Investments a scam?
Fisher Investments is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Fisher Investments legit?
First Fisher Investments is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by Fisher Investments’s consumers?
There is/are 23 review(s) posted about Fisher Investments and it indicates that the severity of the scam is High.
Where is Fisher Investments located?
Fisher Investments is located at 6-10 Whitfield St, Fitzrovia, London W1T 2RE, UK. You can contact Fisher Investments by dialing +44 800 1444 731 or visit their website www.fisherinvestments.com before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Fisher Investments’s customers?
According to the report(s), US $250000 was the total loss incurred by Fisher Investments’s customers.

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23 reviews on Fisher Investments

  1. Alan

    Fisher Investments is very misleading, Stay Away!

    I consider myself a reasonably prudent investor. I am no expert, but I think I have done very well on my own investing for retirement. This year it looks like my investments went up about 25-30%, which I am still questioning because it seems to high. I am single and I have about $950,000 saved up. I am still working on a contract basis to have something to do in semi-retirement and to cushion my retirement. Like a lot of people, I use various calculators from Brokerage houses to see if I am still on track. The one exception is Fisher Investments. They mislead you with their calculators, only to try and get you to send your investments to them, which I do not appreciate. I just want to use their calculator to see if there is something I need to be concerned with. Instead, Fish Investments wants you to give them everything about you before they will let you use their calculator. After reading so many negative reviews about Fisher Investments, I am staying away from anyone associated with them. They are bad news as far as I am concerned.

  2. Patrick Lowry

    Fisher on the "outs"

    For some time I have been disappointed in Fisher’s management of my portfolio. At my age I want away from stocks – diversity is a better option for me. I attended a Fisher round-table recently. Maybe 25 investors were in attendance – 2 Fisher reps. maybe in their mid 30s. I wouldn’t be far off in estimating the average age of the attendees to be late 70s. Many appeared to be in their 80s. They were listening (me too) to a couple of kids talking about world events and recessions. Maybe it is me; but I don’t want to listen to kids telling me their theories. This all could be me. I am not a follower and the rest of the group seemed to be a cult following. I was amazed in listening to people at the table talk about ups and downs of the market and the patience you need in the down cycle while you wait for the recovery. By the time the next cycle comes around 1/3 of the people (again in that room) will be dead before there is a recovery. Can’t do it anymore. I do not want a heavy investment in stocks unless I manage them directly – I want diversity – Fisher does not have that. I also want to take advantage of a down cycle. I do not know how you would do that with Fisher. Shame on me for listening to kids discussing the world of investments. Xenophobia appears to drive Fisher as does, “my way is the best way”.

  3. Frank MacKenzie

    had someone call claiming to be A V.P. at fisher Investments praising his employer as a great investor since he has so many published books and expirence with equity investing. I said Ill stay with passive funds and wont be greedy.

Reviews:23
Reported Loss :250000 $
Severity of Scam :High
Reported by : Anonymous
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