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Fisher Investments: Heritage and Growth of a Global Money Management Firm

I was professionally trained by my father, Phil Fisher, and began managing discretionary assets in the 1970s. I went on to found Fisher Investments as a sole proprietorship in 1979. Today, Fisher investments is a global money management firm with billions of dollars* in assets under management and over 1100 employees, servicing investors in the US, Canada and UK. Fisher Investments is also a joint venture partner of Gruener Fisher Investments GmbH, which serves investors in Germany. While the company headquarters is located in Woodside, California, we also have campuses in San Mateo CA and Vancouver WA, a wholly-owned subsidiary, Fisher Wealth Management in London, as well as personnel located throughout the US.

Fisher Investments: Research, Innovation, and Service

Since Fisher Investments’ inception, the company has remained 100% Fisher-family and employee owned. Jeff Silk, Andrew Teufel and I have over 70 years of combined investment experience and oversee the portfolio strategy as the firm’s Investments Policy Committee. Unlike managers that specialize in a particular style or sector, we leverage a dynamic approach and can make shifts in the portfolio based on our forward-looking view ofchanging market conditions.

Research and Innovation in the Investment Industry
Fisher Investments has earned a reputation as an innovator and pioneer in the investment management industry. Much of this is driven by our innovative research. My early 70’s theoretical work popularized a tool known as the Price to Sales ratio, now a core element of modern financial curriculum. In the early 80’s, we pioneered a new school of equity style management called domestic small cap value equity. Later that decade, Fisher Investments contributed to breakthrough recognition of six distinct investment styles. I the late 90’s, the firm dedicated resources to the emerging field of behavioral finance and development of practical applications to the portfolio management process.

Superior Client Service for Clients
Fisher Investments is proud of the level of service offered to its clients, which I feel is unrivaled in the industry. There are frequent, proactive communications from Investment Counselors, keeping clients apprised of portfolio strategy and current thinking as well as periodically reviewing the client’s investment objectives. Fisher Investments provides quarterly reviews, published by the Investment Policy Committee, discussing past market events and views on where the markets are headed. Clients receive statements with a summary of their portfolio holdings, while trade confirmations and monthly brokerage statements are provided by the custodian on the account. Educational seminars are offered to clients across the country. These are held throughout the year, providing clients the opportunity to hear the firm’s forecast and views firsthand, and also meet and interact with me and other senior staff members. Clients have access to Fisher Investments’ website, www.MarketMinder.com, for daily news and views on economic and market events. Finally, Fisher Investments provides books, proprietary research, and other resources to help educate clients on key philosophy and principles.

Three Questions that Count from the founder of Fisher Investments Don't miss Ken's new book!
Ken's first book in over a
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Questions That Count:
Investing by Knowing What
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Forbes The Forbes Column by the CEO of Fisher Investments
Ken has written the monthly
"Portfolio Strategy" column in
Forbes for the last 24 years,
making him the fourth
longest-running columnist in the
magazine's history.
Click here to access Ken
Fisher's Forbes columns
CXO Advisory Group Top ranked market forecaster
CXO Advisory Group, an
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*Over $40 billion as of 8/31/08.

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