Fisher Investments reviews

3.7

64% would recommend to a friend

(1,893 total reviews)

Damian Ornani

82% approve of CEO

65% positive business outlook

Fisher Investments has an employee rating of 3.7 out of 5 stars, based on 1,893 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fisher Investments employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
1.0
Feb 21, 2014

Miserable place

Recommend
CEO approval
Business Outlook

Pros

Benefits: 401k matching, good health, vision, and dental benefits (no additional perks though) Co-workers: Many people here are are genuinely nice to work with Workday: No work on weekends

Cons

Believe the stories. I thought these reviews were ridiculously far-fetched when I interviewed, only to find, to my horror, that they are all true. Culture: This firm does not care about its employees. Fisher condones and supports hostile behavior. I have witnessed and experienced obscenities, degradation, backstabbing, finger-pointing, and threats directed toward me and my coworkers. Management will not defend you, they will tell you it's your fault. Fisher is built on a web of lies and secrecy. Everything you do is policed by your manager and other departments. For associates, tenured advisers or sales people will report you to your manager for a scolding if they are even the slightest bit displeased with your work. You will be treated like a child, they will demand you to perform and work over capacity without any extra compensation. When you leave, Fisher will not provide any recommendations. So no matter how well you did, they won't say squat about you if you pursue roles elsewhere. Hours: 50+ hour weeks, which is not too bad, but there is no flexibility. You will need to request PTO from your manager to take off 30 minutes early to make a doctors appointment. Hours are also very early (7AM-5PM, 6:30AM-4:30PM, 5:30AM-3:30PM). You will also often not have enough time to take lunch, this is frowned upon as those who take lunch are considered to have no "will-do" attitude. PTO: There is not enough. 15 days PTO includes both holidays, sick days, personal days, everything. If you run out of PTO and are sick, you will not be paid. Expect to work through holidays (Christmas Eve, Black Friday, New Years Eve, etc...) Work: If you were sold as an "Investment Associate" like me, you will be shocked to find that your work will consist of creating paperwork, filing paperwork, and calling clients about paperwork. It's more customer service representative than any type of investment role. This is not a true finance firm, there is no "prestige" in working here as another (corporate-sponsored) "reviewer" claimed. No one on Wall Street has ever heard of Fisher Investments. As a college-graduate, I am embarrassed to speak about my work with friends, as it is extremely menial and unrewarding. Depending on who you're working with, forgetting a middle initial on one form can get you a conversation the GVP. The stress level for some associate groups are also very high. You will be asked to churn out more than you can handle. Some managers are terrible, stealing credit for your work, lying to you for their gain, throwing you under the bus so they can look better to upper management. Fisher=Misery

1.0
Feb 4, 2016

Account executive

Recommend
CEO approval
Business Outlook

Pros

The health benefits are nice no medical premiums and the 401k match are literally the only good thing about working here.

Cons

I took this job after having read some negative reviews on glass door which admittedly worried me. But I told myself it couldn't be that bad..it is. As an AE you are basically starting out by calling cool/dead leads. Everyday I speak to people who we have been calling for years who are not interested, we basically harass people by sending out "free literature". They expect so many great results from horrible leads. It is also extremely monotonous, mind-numbing work sitting there calling and being hung up on 40+ times a day. Most of the department is men who previously played sports, it has a very strong culture. Fisher also has a million different meetings throughout the day where they teach you things like "how to reach your destiny" or "how to act like a professional" it's so cheesy it makes me want to barf. If your working for a finance firm shouldn't you already know how to act like a professional? They never told me before I started that you have to get your series 65 license. After I started they said "we'll give you plenty of time off the phone to study" but then you get an email from you manger saying that you still need to keep up production and produce the same results as if you were on the phone. They bring in new batches of people every month like a factory and they must have super high turnover. I looked at out production board and 67 new people started out of a 100 people in the department just in 2015. They honestly lose deals/prospects from bad reviews online, so I think there's been a big push for people to give good reviews, which are so over the top enthusiastic it just is so false. I was very opened minded/excited when I first got the job, after all they flew me out and the location was so great. Who doesn't want to live in Portland nowadays? Honestly, I dread going to work in the morning. It is the worst job I've ever had.

1.0
Oct 10, 2016

Just don't do it, really don't do it

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

... ummm... really thinking hard... you don't have to pay for insurance but that's pretty standard for the Bay Area so nothing that stands out

Cons

No work/life balance. You start work at 7am mandatory. Then of course you get people coming in earlier, 6am even 5am and it's seen as normal. I don't know how people can say they have a work/life balance. There is no flexibility. No working from home. If you can't trust your employees to be productive, then why are you hiring them in the first place. HR and all of management see the perks offered by other companies as childish and unproductive (regardless of current research proving otherwise). Attitudes are archaic in every respect, from the hiring of minorities to their attitudes towards women. They brag about their contribution to your 401k but it's not that much more than what other companies are offering (because there is a cap of $9k) and you would have to max out your own contributions. There is not one person who I have spoken to who is happy. When I ask why they stay they say because of either bonus or to have their 401k vest. So sad. The office in Woodside is just so depressing. San Mateo not that much better apart from the fact you can actually escape at lunch time. People have been fired in the most unprofessional manner- in front of your other colleagues then they clear their desk in front of everyone. What a horrible situation. It's also full of the "Alpha Male" type in management, so a lot of ego stroking and talking down to other people goes on which is horrible to be around. Be wary of all the positive 5 star reviews. It's unrealistic to think these are a true reflection of the company. All companies (even those with the highest employee satisfaction) need improving. I know for a fact they instruct current employees to leave good reviews. There is also a major internal disagreement on the culture. I heard one person during an interview describe it as the following and in a positive way..."have you seen "Wolf of Wall Street"?... yeah we are like that". Then others say the complete opposite. Oh and looking forward to that once a year company event... yeah, it will take place on a Saturday. Their health insurance plan... they grandfathered in their old plan. So all the good stuff that companies and insurance plans legally have to offer now... well they don't have to. They underpay people who started out their careers there, and pay much higher (for equal positions) to new recruits.

Viewing 16 - 18 of 1,893 Reviews

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