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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 firms 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 70s theoretical work popularized
a tool known as the Price to Sales ratio, now a core element of modern
financial curriculum. In the early 80s, 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 90s,
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 clients 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 firms 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.
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Don't miss Ken's new book! Ken's first book in over a decade, The Only Three Questions That Count: Investing by Knowing What Others Don't
is now available at bookstores everywhere!
Click here to get your copy
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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
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Top ranked market forecaster CXO Advisory Group, an independent 3rd party, assesses the accuracy of publicly available forecasts regarding the future
direction of the US stock market. See why Ken Fisher is a top-ranked forecaster among his peers:
Ken Fisher's forecasting history
and stock picking performance.
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*Over $40 billion as of 8/31/08.
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