It has been a little over two years and I have lost $180,000 on one account and about as much in an account I moved. They got everything wrong. Inflation was temporary and it proved not to be. Interest rates would drop and they didn’t. I remember one of their gurus saying the UK-RU war would be insignificant to the global economy as they only represented 2% of global GDP. They forgot oil and grain and the impact of western involvement in the war. I’m a 77 year old. They over-weighted my equity portfolio in tech stocks that tanked. They also stayed with Chinese tech stocks long after everyone raised questions about the Chinese regulatory environment. On top of that they tried to convince me that ESG was best practice in stock selection. Ken Fisher is a legend, only in his own mind.
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Founded in 1979, Fisher Investments is an independent investment adviser serving both individual and institutional investors.