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.

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3 reviews on Fisher Investments

  1. I just had a meeting with them.They told me they use no mutual funds because of internal expense ratios. They only have 65 equities in an account at any one time…..was I misled? they claim average of 9% gain over past 10 years and last year over 28%? Would appreciate input

  2. Stay clear of this company. They spend more time and effort in marketing than in performing. All they are interested in is the 1.5%. You have been warned.

  3. Agreed

    Fisher Investment is only great at marketing themselves

Whitfield Street 6-10
London W1T 2RE England GB
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Reviews:3
Reported Loss :250000 $
Severity of Scam :High
Reported by : betsy11
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