Fisher Investments

  www.fisherinvestments.com
  www.fisherinvestments.com

Fisher Investments Reviews

Updated December 19, 2014
Updated December 19, 2014
229 Reviews
3.2
229 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fisher Investments Founder, Chairman and CEO Ken Fisher
Ken Fisher
170 Ratings

Review Highlights

Pros
  • Work/Life balance: We are in finance, right (in 9 reviews)

  • Learn a lot about sales, useful later on in different areas of employment (in 8 reviews)


Cons
  • Long hours without the corresponding raise in pay (in 9 reviews)

  • You have learned to sell, yes, but you have learned to sell Fisher not money management (in 9 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Excellent Job, Excellent people (for the most part)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in San Mateo, CA
    Current Employee - Vice President in San Mateo, CA

    I have been working at Fisher Investments full-time (more than 5 years)

    Pros

    The money and benefits are excellent. It is a job, if you want to be paid well you have to follow the rules, be a team player and work your butt off. There is no easy way to get paid here or anywhere else. The firm looks for people that want to work hard and are loyal to their co-workers. If you can do that you will find a job here and do well... it might not be the first job you take here... you might take a year to find a place where you are happy... IF you stick it out you will make it and do well. I've been here over 5 years and everyone in my class is making excellent money and leading themselves or a team to a bright future.

    Cons

    Sometimes you have to adhere to leadership that doesn't match up with your own goals. You might have to take a knock for the team. The good part is that it isn't forgotten and is usually rewarded down the road.

    Advice to ManagementAdvice

    Try hiring people that are not fresh out of school. The attitude of the 22 year-old hire that sees any firm without a yoga studio as a 'sad place to work' is hurting what excellent job that we do for our employees and clients. Anyone that has had a job anywhere else knows what a great place Fisher is to have a long career.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Pay's well - but your a telemarketer/sales person, period.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Counselor in Camas, WA
    Current Employee - Investment Counselor in Camas, WA

    I have been working at Fisher Investments

    Pros

    Good pay. They do a good job training but its mainly just indoctrinating you on their methods, phone skills and how to prevent a termination call.

    Cons

    They do not tolerate any form of dissent from their ideology or methods. Drink the kool-aid or hit the road. Very frat like culture. Burn out - they assign you up to 175 clients. There are only a handful of people that have been in the job more than 2 years - you burn out and you can only kick the can down the road for so long (making excuses for underperformance or wrong forecasts, promising better returns next quarter etc.). Also you'll never build a book and just coast - you'll work all day everyday forever. They own the clients and they rotate them to different advisors so you don't develop to close a relationship.

    Advice to ManagementAdvice

    Fisher is a well-oiled machine - upper management does a superb job running the company (generating profits). However this means employees are just part of the assembly line and highly replaceable.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Cultish, unfriendly, and mostly dumb

    Former Employee - Summer Investment Associate
    Former Employee - Summer Investment Associate

    I worked at Fisher Investments as an intern (less than an year)

    Pros

    Living in the bay area. I worked with an actual trader for a couple of days who was pretty much the only valuable employee I met during my time at FI. If you're in sales, you can probably make a lot of money. Working in Sales/Marketing might be good experience...

    Cons

    All but a handful of the employees I worked with were complete morons. They see Ken getting rich without actually adding any value and want in. The whole company is a sales and marketing con, which means working in any other part of the company (which is statistically unlikely--most of the company is salespeople) is a waste of time. Pay is fine, but it's not worth having to put up with the sort-of fratty cult-members that comprise the rest of the company. If you do take a job here, don't demonstrate anything but the most conventional background knowledge and definitely don't demonstrate individuality or think outside the box. Do demonstrate a sort of creepy admiration for Ken (and your immediate supervisor).

    Advice to ManagementAdvice

    Wouldn't do any good anyway.

    Doesn't Recommend
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  5.  

    Not bad, but there are better options.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Junior Associate
    Former Employee - Junior Associate

    I worked at Fisher Investments part-time (less than an year)

    Pros

    Nice office space. Decent wage. The people you work with are friendly and include you in things pretty quickly.

    Cons

    Not the most inspiring atmosphere. Not a lot of energy compared to the other jobs I've worked. Seems to be a bit of fear in the atmosphere and not so much ambition.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6.  

    Better than many but not the best.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Counselor in Camas, WA
    Current Employee - Investment Counselor in Camas, WA

    I have been working at Fisher Investments full-time (more than 3 years)

    Pros

    Most of the people that work here are very nice and helpful, it's a much younger and vibrant workforce than many other financial firms. Good opportunity to get broad based understanding of capital markets. Pay is decent and benefits are pretty good. People that tend to move up the most are those that start here out of college and never leave. Those coming in with previous experience in financial industry may have a hard time fitting in here.

    Cons

    Too much micro mgmt. Expectations are constantly fluctuating as is mgmt. They claim to be a metrics based culture but if you really look at the numbers and watch who moves up in the firm, it is very clear it is a culture of favoritism. Loyalty is valued more than skill. It's the FI way or the highway. Many good things about process and philosophy, but they could benefit from looking outside the firm at ways to improve across the board.

    Advice to ManagementAdvice

    Recognize that your smartest and brightest employees aren't the ones that go out of their way to befriend and talk to mgmt. Move people up that actually possess the skill and acumen needed to get the job done. Recognize the benefits of your employees backgrounds and make better use of them as the financial world is much bigger than FI and clients know this. UHNW clientele care about education and certifications even if FI doesn't.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Great Transitional Job - Intro to Finance Industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Executive
    Current Employee - Account Executive

    I have been working at Fisher Investments full-time (more than an year)

    Pros

    Transitioned from another career to FI. Great Training and support. Zero sum competition in Sales, makes everyone want to help others succeed. Attractive 1st year bonuses for Account Executives. Large potential income for 8hr work days. Tremendous opportunity for professional development and personal growth. Growth is not associated with comfort, thus management constantly changes the environment to keep challenging the team.

    Cons

    Peers are very green to professional environment. Managers are not fully trained on developing talent. Separating labor keeps staff in the dark of role/responsibility of other departments.

    Advice to ManagementAdvice

    Require managers to pursue professional leadership courses/qualifications. Great workplace. FI is always finding ways to get better.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 8 people found this helpful  

    The vacuum cleaner sales people of the financial industry.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fisher Investments full-time (more than an year)

    Pros

    I guess it was better than unemployed but not by much. Hard to believe that I "fell for it" and should have listened to others in the industry and previous reviews.

    Cons

    -the most unprofessional managers that ever existed that dont have a clue how to manage people.
    -very little actual expertise when it comes to financial management
    -brainwashing to the point that they actually believe they are a world class money manager
    -clients are being completely deceived by sales tactics and the "Fisher Story"
    -active attempts to "bury" negative reviews with excuses and manipulation.
    -terrible performance going back over 10 years...just ask for the year by year returns as they are available but very seldom provided.

    Advice to ManagementAdvice

    Your reputation is quickly becoming public, you need to seriously overhaul your management, business practices, and cocky attitudes.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 4 people found this helpful  

    Deceiptful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fisher Investments full-time

    Pros

    Some of the people I met.

    Cons

    Narcissistic management culture who are neither organized nor actually able. Bullying and arrogance are the preferred management style. Lacking real industry experience and breadth of knowledge across the whole team. Fisher is not at all what it first seems - really just a co-ordinated con job described as behavioural investing.

    Advice to ManagementAdvice

    Get real folks, what worked 20 years ago is no longer appropriate.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Account Executive - Excellent Entry level position

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Executive in London, England (UK)
    Former Employee - Account Executive in London, England (UK)

    I worked at Fisher Investments full-time (more than an year)

    Pros

    A great bunch of people there. There is very few opportunities in the city that offer you this kind of opportunity in terms of earnings.

    Looking at £50k 1st year £65k year 2 100k year 3. It's hard but it's possible

    Cons

    No support in career progression. Lots of opportunities in the firm but none of the positions are really transferable to other firms.

    Great place to start especially if you want to earn a lot straight away.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 10 people found this helpful  

    A complete joke....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Operations in Camas, WA
    Current Employee - Sales Operations in Camas, WA

    I have been working at Fisher Investments full-time (more than an year)

    Pros

    A competitive base salary

    Cons

    Clearly it appears the last 4-6 reviews have been /solicited by Fisher themselves as this is what they do. These recent reviews in no way accurately describe what the true work environment is like at Fisher. If you like being micro managed to death and treated like a child by incompetent egotistical senior management...this is the firm for you. They honor Ken Fisher like the second coming whose performance has underperformed every world index for the last 10 years. One Its one big story that is being sold with no substance behind it. Its all an illusion, and as a previous poster most accurately described "most managers are micro-managers with no rhyme or reason to what they are doing or chaotic disorganized messes who are as hamstrung by the senseless instructions coming down from the top." Its one big marketing machine of lies, stories, misconceptions and deflections. The product is below average at best but is covered up by their sales tactics. My advice....avoid at all costs and don't be sold on the illusion...run.

    Advice to ManagementAdvice

    Drop the ego, start to treat employees like adults. Quit with the manipulation of reviews as it only further illustrates exactly what you are.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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