Fisher Investments reviews

3.7

64% would recommend to a friend

(1,893 total reviews)

Damian Ornani

82% approve of CEO

66% 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
4.0
Jul 30, 2021
Recommend
CEO approval
Business Outlook

Pros

Fisher Investments is huge on career development; employees are constantly moving across departments and able to try new roles as they become available. In my experience, I have had great managers that focused on my individual professional development needs during bi-weekly or monthly 1:1 sessions and I have been connected with shadow opportunities and career coaching meetings. The office is extremely clean and work zones are open which are meant for fostering collaboration. The pay is decent and keeps employees motivated. The benefits are quite the catch: 100% health, dental and vision coverage with 50% 401k match up to the IRS maximum.

Cons

Work days are normally 7-5 // 6:30-4:30 with an hour long lunch. Had low flexibility for WFH capabilities until COVID happened (changes are happening now) Had low flexibility for staggered / flexible work hours Was strict on dress code (professional/formal attire only)

1.0
Jan 5, 2017
Recommend
CEO approval
Business Outlook

Pros

Good at PR and marketing to make themselves look and sound good. It seems like they are trying to reach their investors or potential investors. They put up a good front of trying to "serve" employees as well.

Cons

It's all a front. This is a self-serving organization that refers to itself rightly so as "the cult on the hill." This is the name others gave Ken Fisher's first office in Woodside, but it is still a fitting title for an organization that overlooks every big elephant and continues to operate as if it were 1963. The leadership is incompetent. The middle management is brutal, leading like dictators, over sheepish victims that it controls with politics and fear. They talk openly about "drinking the Kool Aid" and caution about those who do not drink the Kool Aid. If you don't drink, they will take you down fast. Therefore, the remnant are career Fisherites, including its CEO, Damien, who started there as a twenty something, and now 20 years later, knows nothing else but the warped culture he grew up in. When he goes around asking people how things can be improved, he is deaf and doesn't understand change management. All he knows is the propaganda he was raised on and what he spouts off now, so it is all a game face for everyone there. The next downturn in the market will take down the firm. The organization is not capable of change. If someone talks of change, everyone else circles around ready to stone you, if not literally then at least with attacks. Human Resources is actually the antithesis of what we know of as HR today; they actually take out any naysayers or those who do not "fit the culture" very much like a cult, while there can be verbal abuse and assault reported and they will protect the aggressor while taking down the victim. I have never seen anything so bizarre in my entire career. The environment is terrible. People swear at you and point fingers. You will be in the cross hairs of blame for stuff you never had anything to do with and could have never predicted or avoided. The only people who stay are those who have no other options or who grew up here and do not know any better. This is hell, people. Get out! The work life balance is terrible; you are required to work 50 hours a week with no flextime and no flexibility. You can work longer too. You will not be given adequate tools, software, or resources to do your job. Fisher is cheap about everything as if they were broke, but they have valets outside not utilized just in case a client in a Ferrari comes over one day on a blue moon.

3.0
Mar 13, 2019
Recommend
CEO approval
Business Outlook

Pros

-Pay is good, especially in the Portland area. If you work hard, track your accomplishments, and present them to management, it's possible to get raises often and be at a comfortable base pay. -Bonuses twice a year reflect both your current work success & the company success. These can be large, which is an easy way to save up large chunks of cash or max out a 401k. -50% match on 401k. That means you can max out each year and Fisher will add an extra $9K to your retirement. That's huge! -Benefits are incredible. You pay $0 out of pocket for premiums (some people pay up to $600/month for this) with excellent vision, dental, and health insurance. Some of the plans even include 12 massages per year. -Unlimited Partial PTO gives a teensy bit of flexibility for daytime appointments or half days on Fridays. -20 days PTO is pretty good, however only 8 or 9 holidays so you need to take PTO on Christmas Eve, NYE, and the Friday after Thanksgiving to live a normal life. -Unless you're a director, you will never work week ends. Though you will be asked to stay late. -In general, the company wants to do good and takes care of their clients. -Career changes. It's possible to switch roles every few years to gain a lot of experience, though it can sometimes just build a scattered resume. -Most employees work hard, care a lot, and are generally great to work with. -Campus is gorgeous with tons of trees & nice places to enjoy lunch outside.

Cons

-Mandatory 50 hour work weeks. Such a headache that encourages employees to stretch out work to fill the hours. -Inflexible hours. I worked 7am to 5pm every day. -No remote working allowed at all. Really tough when the hours get really long and you have a family at home to take care of. -Some more tenured employees are overly fascinated by Ken Fisher & it's weird. -Diversity is lacking. IPC is made up of 5 wealthy white males. There are more women in management compared to the industry but still not enough. -No part time work options mean the company loses a lot of women when they start families. (apparently a new 8 week paid maternity leave has been added since I left) -Technology is so painful. Everything is a decade old with no upgrades in the foreseeable future. -Headquarters are in Camas, WA (about 30 mins outside Portland) so the commute isn't ideal but at least it's against traffic. (This review is only for Camas, which has the best culture of any of the offices in my opinion.)

Viewing 19 - 21 of 1,893 Reviews

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