Fisher Investments "kool aid" Reviews | Glassdoor

Fisher Investments Employee Reviews about "kool aid"

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Found 545 reviews

3.7
StarStarStarStarStar
Rating TrendsRating Trends
69%
Recommend to a Friend
85%
Approve of CEO
Damian Ornani
119 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 "kool aid"

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  1. Helpful (2)

    "Alright company with poor management"

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

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

    Pros

    Benefits, salary, ability to rotate around the firm

    Cons

    Management, hours, and constant kool-aid

    Fisher Investments2019-03-13
  2. Helpful (12)

    "Decent place for a first job out of college"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Fisher Investments full-time for more than 2 years

    Pros

    The people - Fisher hires great people. During my time working here, I met a lot of interesting people who I will hopefully stay connected with for years to come Benefits - one of the best 401k matching programs I have seen (despite long vesting period) and insurance plans (full premiums covered) Internal training - internal training is very structured and rigorous. Be prepared for multiple hours of training sessions...

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    Cons

    Role selection - as an entry-level employee, you have very little input into what your position/title will actually be. Interested in research? Have fun in QC. You may be expected to move horizontally multiple times before you are promoted to a higher-level (and ultimately, higher paying) role Pay - pay is below the market average, I would imagine this makes living in the SF market very difficult Enthusiasm - You...

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    Advice to Management

    1. Learn to treat your employees better and allow them to explore opportunities within the company that actually interest them. Reward your high-performers. Foster opportunities for all employees to grow their skills (both within and outside of the organization). 2. Create a less stifling culture for your employees in order to build enthusiasm. An easy place to start here would be cutting down from mandatory 50-hour...

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    Fisher Investments2018-07-29
  3. 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
  4. Helpful (2)

    "Intern's Perspective"

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

    I worked at Fisher Investments

    Pros

    Interns are extremely well received by most employees at Fisher. It isn't your typical bottom of the food chain atmosphere, you learn a lot and meet a ton of people. The program itself is designed very well to give a different day-to-day while also adding value to the intern experience. There is a feel of a "cultish" culture; however, people do seem genuine in how much they enjoy working there. Great stepping stone...

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    Cons

    The company culture is slightly alarming to an outsider, some say it's a "drink the kool-aid" mentality. The pay for hourly intern is awesome, but we essentially get paid as much as an associate (which is bad for the associates). The tasks are menial that interns essentially are able to work at as an associate for some tasks. There is a lot of room for growth, it seems like they're...

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    Advice to Management

    Hire from the outside. Even former-CEO Ken Fisher said himself in a 1-on-1 with the intern group, that the company needs to hire more from the outside. Let's make the change in CEO a positive one and creates a culture that would vibe best with most so that Fisher can retain their talent instead of being used as a "great stepping stone" and having their best leave for companies that will pay them what they deserve.

    Fisher Investments2016-07-12
  5. Helpful (32)

    "Enslaved workers constructing the pyramids had more fun..."

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

    I worked at Fisher Investments full-time for more than 2 years

    Pros

    Robust medical/dental/vision; mgmt doesn't balk at inter-office travel; bonuses (but don't let that sway you, there's a catch) very early morning start time meant I got to see the sunrise - a lot; lots of good looking, young people to look at; same thing, day in and day out environment; finance dude-brahs will go far here; When you're done at Fisher, your skin will be thicker than an elephant's - I learned patience is...

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    Cons

    Stuck-in-their-ways mgmt; no room for growth; creative types who color outside the lines are not welcome, despite what recruitment tells you; "drink the kool-aid or be ostracized" environment; extreme inability to pivot - don't let the word "innovate" call you in like a siren from the shore; too many flaming idiots make everything convoluted; everything can't possibly be bleeding,...

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    Advice to Management

    Nothing. None of you jackanapes ever listened...Wait, I do have a piece of advice: The skills you've "learned" aren't actually applicable to management jobs outside of Fisher. Just to let you know, the Vice President of Whatever roles that proliferate Fisher don't actually do vice president caliber work. VPs - you will get laughed out of the interview room at your next gig.

    Fisher Investments2016-01-08
  6. Helpful (4)

    "RVP"

    StarStarStarStarStar
      Former Employee - Regional Vice President in Yardley, PA
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at Fisher Investments for more than a year

      Pros

      Solid investment performance and process.

      Cons

      Drink the Kool Aid or else. Poor sales management. Treat professionals like children. Poor customer service.

      Advice to Management

      Bring in all new sales management.

      Fisher Investments2015-12-20
    • Helpful (2)

      "Summer Job"

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

      I worked at Fisher Investments

      Pros

      Can be good experience for your future if you want to work in the investment realm. A background in finance is not necessary.

      Cons

      Strong corporate feeling. They like their ladder of power and it is highly frowned upon to try and jump this ladder. They reward complacency and keeping your head down rather than trying to actively improve. A definite sense of "drink the kool-aid" to survive here.

      Advice to Management

      Promote going above-and-beyond and reward that. A lot of managers know that you like to hire internally. They view their role is to keep their heads down rather than improve.

      Fisher Investments2015-10-21
    • Helpful (6)

      "Like to skirt by? You need not apply."

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

      I have been working at Fisher Investments full-time

      Pros

      Hands down, the best reason to work at Fisher are the benefits & compensation package. They offer fully paid medical premiums with MANY options and low-cost short & long-term disability/life insurance policies. They foster innovation, give loyalty, and most importantly, they treat you like an adult. You are entrusted with a lot of power and responsibilities and they give you the tools you need in order to do so. Managers...

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      Cons

      Like another reviewer said, there is a "kool-aid" culture and it's hard not to be part of it because everybody speaks so highly of the company...it's almost scary. With great benefits come a sacrifice. There is a minimum of a 50-hour work week so it's hard to do anything when you're working until 5PM every day. They're pretty flexible (at least in my area) on leaving early,...

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      Fisher Investments2015-09-08
    • Helpful (1)

      "Pretty Good"

      StarStarStarStarStar
        Current Employee - Anonymous Employee 
        Recommends
        Approves of CEO

        I have been working at Fisher Investments

        Pros

        Work life balance, great starting education

        Cons

        Low starting compensation, kool aid culture

        Fisher Investments2015-08-31
      • Helpful (23)

        "George Orwell had it better in 1984"

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

        I worked at Fisher Investments full-time for more than 6 years

        Pros

        Health benefits, vacation and fixed working hours. In high tech you can be expected to work 60-80 hours a week, but at least at Fisher that is 40-50 hours and you get paid for lunch (how great is that!). 401k match is good if you actually get paid enough to afford to contribute. Now let's take a look at the cons.

        Cons

        Seriously, if you ever wanted to know what it would be like to work for Darth Vader with a delusional paranoid complex, well, that would be Ken Fisher and his Empire. To say that promotions outside of middle management only happen after Vader chokes someone for a minor mistake would be an understatement. Much of management has been here longer than Emperor Palpatine's rule. Let's face it, the only way you will get a raise...

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        Advice to Management

        There truly is a good side to the Force. Each Stormtrooper's base salary should reflect the value it adds to the Empire. Your indoctrination works well, so trust the Stormtroopers a little more. Remember that without skilled and happy workers you will not be able to get that Death Star, and even if by some miracle you do it without them, the person in charge will design it so that it can be destroyed by a well placed...

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        Fisher Investments2015-08-23
      Found 545 reviews