Fisher Investments Reviews

Updated Jun 23, 2020

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3.5
59%
Recommend to a Friend
74%
Approve of CEO
Fisher Investments Chief Executive Officer Damian Ornani (no image)
Damian Ornani
156 Ratings
Pros
Cons
More Pros and Cons
  1. Featured Review
    Helpful (54)

    "Thankful Employee"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Too many times you see top-tier financial firms look to hire individuals that come from a certain type of family pedigree, and strictly those that have gone to Ivy League schools. As a first generation American, my parents didn't understand the American system to help guide me towards my future. Fisher Investments took me in with open arms after I graduated school, and has given me countless opportunities and support; some of the pros I’d like to highlight: • Company Culture – diversity is heavily promoted, regardless of your ethnicity, educational background, gender, sexual orientation, etc. you’re provided opportunities to be successful and move into a role you desire • Management Support – management provides support to its employees both inside and outside of Fisher Investments • Women Empowerment – 3 of the business units at Fisher Investments are led by women (at the very top of the business units) • Grooming from within – the firm promotes from within • Employees – the firm genuinely cares about its employees and their well-being which extends beyond the walls of Fisher Investments • Clients – the firm puts the client first, I’ve worked at banks/insurance companies prior coming to Fisher and they put numbers before their clients, it was a refreshing change that makes me very proud to this day • Benefits – 50% match on your 401K and medical/dental insurance that covered by the firm in its entirety • CEO – highly approve of the CEO, his first order was to meet with the majority of the firm to understand pain points and what we can be doing better as a company, which has resulted in various teams working to implement change employees want to see

    Cons

    • Technology – the tech used in the firm is outdated and slow, which can make certain assignments frustrating at times. I’m glad to see there is a plan that is currently in the works to transform this aspect of the company. • Hours – One would expect hours to be long, but the flexibility provided at other companies should be considered here. Not that flexible • Work from home – working from home isn’t really allowed, which would be a great benefit

  2. "A good place to work"

    5.0
    Former Employee - CSA - Customer Service Associate 

    I worked at Fisher Investments full-time

    Pros

    Good pay and good environment

    Cons

    long hours but it pays off

  3. Helpful (9)

    "Great long term prospects for psychopaths"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - CSA - Customer Service Associate in Camas, WA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    If you are ruthless and have no conscience and thrive on manipulation this is the job for you. After I was released from prison I was so relieved that they did not hold this against me welcoming me with open talons. Here you can stay within the bounds of legality and make good bank.

    Cons

    Will destroy any sense of ethos and distort reality with permanent moral damage.

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  4. Helpful (5)

    "Great benefits and earning potential at an even greater personal cost"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Service Associate in Camas, WA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Awesome benefits, and you really do have potential to make a lot of money here. The people you work with and usually your direct manager ends up being awesome. Also lots of room for growth

    Cons

    The fear based culture, 50 hour work week, and lack of action around diversity and inclusion. It feels like senior management is so out of touch with how their employees actually feel.

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  5. Helpful (1)

    "Average Company"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate in Camas, WA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Relatively good benefits and training. Highly positive and motivated coworkers

    Cons

    -Long hours (50+ hours a week) -Open office layout -Narrowly defined roles create monotonous work -Bureaucracy and hierarchy stagnates innovation -You MUST drink the Fisher koolaid to succeed

  6. COVID-19
    Helpful (5)

    "Steer Clear Women and POC"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Service Associate 
    Doesn't Recommend
    Negative Outlook

    I worked at Fisher Investments full-time

    Pros

    Due to the idealistic marketing Fisher attracted some extremely intelligent, kind and hardworking people. I met individuals that were genuinely invested in the client experience and who really want to make the world of finance a better place. However, the connections that I made with these individuals were mostly centered around our general dissatisfaction with the firm and its direction and we stuck together to help cope with both the mental and moral toll of working here. Benefits are extremely comprehensive, however what they don’t tell you are the terms in which you will receive your 401k match. You are not fully vested until you have been with the firm for ~3 years. This is understandable since it is so generous, but the lack of transparency is just a micro example of the general lack of communication as a whole. The campus is also beautiful which makes the walks you take at lunch to maintain your sanity more enjoyable.

    Cons

    First and foremost associates are treated horribly. While I can understand from a professional standpoint that we may hold less initial value due to a lack of experience, given Fisher’s staunch believe in farming talent you would think that there would be more opportunity for associates to grow. There is also a general acceptance of more tenured individuals treating you with blatant disrespect. It isn’t uncommon for CSAs to be abused by salespeople. In terms of professional development the skills that you acquire as an associate are not transferable at all, if you are making the decision to start a career with Fisher you need to mentally prepare to tough it out as an associate to be able to be then be transitioned to a position that will further your career. Aside from the role itself the working environment can be harmful. As a POC and a woman it wasn’t uncommon to have two co-workers make problematic comments or engage in inappropriate work conversation although Fisher preaches that it is politically agnostic, there is no question where the general population of the firm stands on things. When I first started I also was relentlessly harassed by more tenured Investment Counsellors. There is an unmistakable fraternity energy that envelops the majority of the more tenured roles and as a young woman there isn’t much of a choice except to grin and bear it because you know that any recourse will only harm yourself. My own experience made Ken’s comments only more poignant especially when it fell to the women of the firm to essentially absolve the company of any wrong doing. Currently with the recent social unrest and the COVID pandemic Fisher’s reaction has continued to be reactive versus proactive. The Diversity and Inclusion committee (which seemed to be directly formed as a result of the comments earlier this year) has done little to address the concerns of BIPOC and women as well as create an environment where individuals actually feel welcome (managers often also participate in non work appropriate conversation). The confidence that I had in Fisher to do the right thing has completely dwindled and I wish they would understand that the issues that do exist are not going to be solved with a few passive emails. Accessibility is also an issue, because of the 10 hour work day, abundant workload and lack of flexibility the firm seems to lose amazing female talent when someone makes the decision to start a family. It is a pretty jarring and uncomfortable power dynamic. A pretty even split of men and women (depending on what you do) fill the associate roles but as soon as you move on to something more lucrative or more important like being an Investment Counsellor or being an analyst there suddenly seems to be a steep drop in female representation. If work from home could be accessible all times not just as an exception during COVID then maybe that would change. Technology is also a huge pain point, you often work with databases and portals that seem to lag by decades. It is hard to efficiently and effectively help clients when you are working with something obsolete. I think investing in more relevant technology would have a huge ROI. I just also want to reiterate how late to the game the response to COVID was, it wasn’t until recently where the attitude wasn’t ambivalence. They general messaging was I know there’s a pandemic but you need to be in office (even though we have WFH technology). It is by grace that Fisher offices did not become epicenters of the disease not by careful planning or safety. Overall my heart is heavy, I really bought into the narrative that Fisher was selling and I am disappointed in the reality.

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  7. "good entry level experience"

    4.0
    Current Employee - Investment Consultant in San Francisco, CA

    I have been working at Fisher Investments full-time

    Pros

    great place to start a career

    Cons

    I have no cons to report

  8. Helpful (9)

    "Borderline Hostile Work Environment, Proceed With Caution"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in Camas, WA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fisher Investments full-time for more than 3 years

    Pros

    Benefits are great (401k match, paid premiums, good PTO) and so are some of your immediate co-workers (but most of the bonding is because you're miserable). If you truly want to work in wealth management, then this isn't the worst place to be. Otherwise, proceed with extreme caution.

    Cons

    If you want to work at a place where management has no empathy and are highly skilled at micro-managing, then you may actually like working here. You will develop little to no skills that would be transferable anywhere outside of this company. Fisher promotes people based on subjective metrics that are vague versus those who are actually competent and show leadership abilities. If you speak up then you're penalized for not showing a "will do" attitude. Basically, they want you to act like a cog in a machine and never question anything, which hinders innovative thinking. That's why the company is literally run by part-time junior associates, since most of the jobs is pressing a button rather than using any type of brain power. It's all fear-based tactics to make sure you get your work done and associates are always overloaded (even though you work a REQUIRED 50-hour work week, with absolutely NO flexibility unless you're in sales because Fisher treats them like saints). There have been times where I've seen associates crying in the stairwells because of being disrespected so it's not the most psychologically healthy environment to be in.

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  9. "Good Company to start your career."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in San Mateo, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Transparent Management. Awesome 401k match and health benefits.

    Cons

    Long hours. IT still playing catch up.

  10. COVID-19
    Helpful (12)

    "Don't work here unless you are 100% that the financial industry is for you"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Regional Sales Associate in Camas, WA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Mediocracy - stay long enough and you will be promoted regardless of your incompetency Benefits - not an excuse to overwork your employees though Better for our clients than most of the industry Work here only if you are 100% certain you want to work in the industry

    Cons

    Hours - completely unnecessary 10 hour mandatory days Overworked/Understaffed associate level roles Terribly outdated technology Poor mid-level manages that polices employees for minor infractions Groupthink - not accepting to contrary opinions Horrible COVID handling Gain no real tangible skills/knowledge in associate role

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Found 617 reviews