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ChristosM438028
Contributor ⭐
October 17, 2024

Fisher Investments

  • October 17, 2024
  • 3 replies
  • 2583 views

Fisher Investments has been advertising heavily. I am considering a closer look. Does anyone care to share their experience with them?

      3 replies

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      PhilO651634
      Contributor ⭐
      June 29, 2025

      Fisher Investments is primarily an investment shop and they provide little to no financial advice or tax planning. They charge 1.25% on the first $1 million you place with them, and 1.125% on the next $4 million. So, if you have $5 million with them, you're paying a blended rate of 1.15%, or $57,500 per year in fees. I don't know about you, but that is a lot of money to spend on advisory fees when you aren't receiving any advice. The true value of a financial advisor is is to look at your complete financial, tax, and estate picture holistically and help you reach your goals as efficiently as possible. The value prop is not in trying to beat the market -- few professional portfolio managers on Wall Street beat the market over longer periods of time. I may be biased since I run a flat-fee financial advisory practice, but percentage-based fees are an incredibly silly way to pay for financial advice -- especially if you're not receiving any financial advice 🙂

        nctarheel
        nctarheel
        Community Champion ⭐
        July 6, 2025
        @PhilO651634 wrote:

        Fisher Investments is primarily an investment shop and they provide little to no financial advice or tax planning.

        I don't know about you, but that is a lot of money to spend on advisory fees when you aren't receiving any advice. 

        I may be biased since I run a flat-fee financial advisory practice, but percentage-based fees are an incredibly silly way to pay for financial advice -- especially if you're not receiving any financial advice 🙂

         

         

        Responding eight months after a user has asked for advice is probably a waste of time, @PhilO651634 . I would think that the original poster has taken action one way or the other by now. It would be interesting if @ChristosM438028 would respond and tell us what their decision was or if any decision had been made. I do know Fisher investments only asks to be contacted by people who have at least $1,000,000 to invest. Too rich for my blood and most of the respondents on AARP'S web site.

         

        In my opinion, most people who invest in stocks can do just as well investing on their own as they would using a broker, or financial advisor, or whatever else you may call them. One indicator to me regarding analysts and such is that most stocks have analysts rating a stock. Some rate it a buy, some rate it a hold, and some rate it a sell. If they are all looking at the same data, why would they come to opposite conclusions.

         

        I think for myself.

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