After spending my time on filling out Fisher investment questions forms to open up an account, I invested 1.7 million dollars. Then I opened up an account with them. They were instructed, and supposed to invest my money in only strong profitable companies. That will grow and pay dividends, and in companies that have strong financials, with low risk since I am 68 years old......
No cookie cutter portfolios! They instead invested my money in 80 different stocks. Many of these companies never made a dime, and were very risky. I saw my stocks go down in value $400,000, in less than a 3 month period. So I landed up closing the account and eventually lost $250,000. And then they charged me high commissions and fees to close my account.
Fisher Investment is not what they preach, and the bottom line is that they do not do what they promise! And this company is certainly not what Ken Fisher and Company say on their television commercials.
After i closed the account i also received a phone call from someone at Fisher
to ask why I closed the account and I told them what happened. They even promised to send me a debit card to bribe me with $, if I answered all their exit questions, which I did and guess what. They never sent me anything!
My recommendation on this company is to not walk away from them, But to run away from them! Ken Fisher should pay attention to what his people are doing! read more