Fisher Investments "50 hour work" Reviews | Glassdoor

Fisher Investments Employee Reviews about "50 hour work"

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Found 545 reviews

3.7
StarStarStarStarStar
Rating TrendsRating Trends
69%
Recommend to a Friend
85%
Approve of CEO
Damian Ornani
118 Ratings
Pros
Cons
  • "Long hours (10 hours mandatory; during the fall months there’s extremely high work flow so your looking at 11(in 28 reviews)

  • "Mandatory 50 hour work weeks for most roles(in 26 reviews)

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Reviews about "50 hour work"

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  1. Helpful (11)

    "Good Opportunity with major Drawbacks"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Research Analyst in Camas, WA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Fisher Investments full-time for more than 4 years

    Pros

    -Pay is good, especially in the Portland area. If you work hard, track your accomplishments, and present them to management, it's possible to get raises often and be at a comfortable base pay. -Bonuses twice a year reflect both your current work success & the company success. These can be large, which is an easy way to save up large chunks of cash or max out a 401k. -50% match on 401k. That means you can max out...

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    Cons

    -Mandatory 50 hour work weeks. Such a headache that encourages employees to stretch out work to fill the hours. -Inflexible hours. I worked 7am to 5pm every day. -No remote working allowed at all. Really tough when the hours get really long and you have a family at home to take care of. -Some more tenured employees are overly fascinated by Ken Fisher & it's weird. -Diversity...

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    Advice to Management

    -Demonstrate more TRUST in your employees by throwing out the rigid hours & mandatory 50-hour work weeks. And let them work remote when it's reasonable (i.e., Mom with a kid sick at home) -Encourage more diversity in the workplace by hiring more women and POC. Then follow that up by listening to their feedback. How many women have quit because they didn't feel they could have a family & work there?? Look at...

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    Fisher Investments2019-03-13
  2. Helpful (5)

    "A company not worried about employee retention"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Portfolio Management Group 
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Fisher Investments full-time for more than 4 years

    Pros

    The jobs and what is expected of you is clear. After working in an entry level role you can interview in different departments that interest you.

    Cons

    working 50 hours a week at a minimum, usually working 55. They had the opportunity to fix this when they launched a "help us improve" initiative that lasted 1.5 years and employees' BIGGEST want from it was fixing the hours

    Advice to Management

    care as much about employees as you do clients

    Fisher Investments2019-02-06
  3. Helpful (15)

    "Trying to be a Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Camas, WA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Fisher Investments full-time for more than a year

    Pros

    - Above Market pay for professional-level roles in the Portland area. - Employer paid monthly premiums for medical, dental, and vision. - Voluntary supplementary benefits are cheap. - NEW (as of Sept 2018) Primary Parental Caregiver benefit is great; 8 weeks of paid leave. Really shows positive strides in appreciating working parents. - Wonderful, smart, kind, and engaged coworkers. -Partial PTO is unlimited, which...

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    Cons

    -50 hour work weeks. This is mandatory for some groups, while other groups only work 40 hour weeks. Burnout is real. -No remote work options. Some roles could be remote, and we have lost current employees to employers with more flexible schedules and work options. - Outdated and highly restrictive IT infrastructure; there's a lot of websites and programs we can't use at work,...

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    Advice to Management

    - Change jobs to 40 hour work weeks as a standard across the firm -Remote work options -Diversify our workforce -Be more open to change; our clients are older, but many FIers are millennials and young GenXers, they expect employers to be more flexible and accommodating.

    Fisher Investments2018-09-25
  4. Helpful (23)

    "God awful culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in Camas, WA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Fisher Investments full-time for more than 4 years

    Pros

    Money. That's about it.

    Cons

    50+ hour work weeks, an incredibly mismanaged UK Group, very much a man's world - most of the higher paying Investment Counsellor roles are held by men, whereas the much lower-paying admin/CSA roles are held by women. The hours don't allow women to advance as easily as they want to start families - it would be impossible for you to drop your child off at daycare before the mandatory 6 am start time and there is ZERO flexibility...

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    Advice to Management

    Get better.

    Fisher Investments2018-02-25
  5. Helpful (21)

    "You’ll love it at first... then you’ll see their true colors!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Fisher Investments full-time for more than 9 years

    Pros

    401k match Benefits (only Kaiser and UHC) Pay (but 50 hour work weeks) WA based company (The benefits and pay makes it hard to leave)

    Cons

    Cultish- you better drink the koolaid or you’re out! Male management - hardly any women in upper management or making investment decisions Micro managers and inexperienced managers Office politics Mandatory 50 hour work weeks for most roles Fear based mentality High turnover / always new faces/ always hiring

    Advice to Management

    Don’t teach and manage through fear. Unconventional thinking should be rewarded, not reprimanded. Fisher was built off junk mailers... the people who didn’t think it would work were wrong. Maybe that unconventional thinking does work! The nay-sayers should get the boot or treated unfairly because they are saying no or disagreeing with something or not drinking the “koolaid”! Hear these people out! There are so many...

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    Fisher Investments2018-02-04
  6. Helpful (4)

    "Quality Control Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    No opinion of CEO

    I worked at Fisher Investments full-time

    Pros

    Benefits are good, unlimited partial days off

    Cons

    Work is monotonous. You will not be challenged, high turnover rate. 50 hour work week is minimum.

    Fisher Investments2017-05-17
  7. Helpful (2)

    "Good Company, Not Many Opportunities for Upward Mobility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Service Associate in Camas, WA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Fisher Investments full-time for more than a year

    Pros

    Employer-paid health, dental, and vision

    Cons

    Required 50 hour work weeks

    Advice to Management

    Create more opportunities for upward mobility within the company

    Fisher Investments2017-03-31
  8. Helpful (36)

    "HORRIBLE culture, awful pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Mateo, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Fisher Investments for more than 6 years

    Pros

    I was on one of the better teams. In order to stay anonymous, I"m going to keep it at that. Suffice to say my team actually had access to most of the internet. They pay 100% of your medical, dental, and vision, and do 100% match on your 401K contributions to the IRS allowed maximum. I made a couple of lifelong friends.

    Cons

    Hmm...where should I start... - JUST STAY AWAY. - Frat bro culture. It was disgusting. The mail room was on the 3rd floor, which is where most of the frat bros (i.e., those who didn't make it in investment banking so decided to become investment counselors instead) sit. Every time I went to the mail room, I would look at the floor to avoid eye contact yet painfully felt every eye on me as I walked past. They also...

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    Advice to Management

    You have a toxic culture, and from what it sounds like from recent reviews, nothing has changed much. Years later, hindsight is 20/20, and I'm SO glad I got out when I did. You don't invest in your employees—change that. It's also the 21st century, so maybe stop the frat boy culture and actually treat women employees as equals rather than objects to be ogled at.

    Fisher Investments2017-04-14
  9. Helpful (10)

    "Get your experience and leave"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Programs and Talent Acquisition Associate in San Mateo, CA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Fisher Investments full-time for more than 4 years

    Pros

    There is one real reason I come into work everyday and that's for the people. Fisher genuinely hires good, hardworking people. I have made manyou good friends over the past few years.

    Cons

    Before you read anything else. This is a company that loses over 25% of their work force every year. This company is afraid of change. Only real opportunity is if you're willing to move to Washington. Pay and benefits are not competitive. Hours are terrible and "they don't know why they still make associates work 50 hours weeks."

    Advice to Management

    Company needs change. You have good employees treat them well or you will continue to have terrible retention rates.

    Fisher Investments2017-01-24
  10. Helpful (21)

    "black-hearted cult, stifling environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Counselor in San Mateo, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Fisher Investments for more than a year

    Pros

    Good at PR and marketing to make themselves look and sound good. It seems like they are trying to reach their investors or potential investors. They put up a good front of trying to "serve" employees as well.

    Cons

    It's all a front. This is a self-serving organization that refers to itself rightly so as "the cult on the hill." This is the name others gave Ken Fisher's first office in Woodside, but it is still a fitting title for an organization that overlooks every big elephant and continues to operate as if it were 1963. The leadership is incompetent. The middle management is brutal, leading like dictators, over sheepish victims...

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    Advice to Management

    Be honest with yourselves; change before it's too late. You are a dinosaur and you are brutal to your fellow humans. Karma!

    Fisher Investments2017-01-06
Found 545 reviews