Fisher Investments

Fisher Investments is an American independent money management firm headquartered in Plano, Texas.[4]

History

Ken Fisher founded the firm in 1979, then served as CEO until July 2016, when he was succeeded by long-time Fisher Investments employee Damian Ornani. Fisher remains active as the firm's executive chairman and co-chief investment officer.[5]

As of June 2024, Fisher Investments and its subsidiaries manage over $275 billion in assets for individual and institutional investors globally.[6] The firm maintains three principal business units: Fisher Investments Institutional Group, Fisher Investments Private Client Group, and Fisher Investments Private Client Group International.[7] In June 2024, the firm announced its 401(k) Solutions business for small to mid-sized retirement plans would be spun off into an independent company called Fisher Retirement Solutions.[8][9]

The firm incorporated Fisher Investments Europe Limited in 1999 with its headquarters in London.[10] Later it expanded the firm's US operations by opening offices in Vancouver, Washington; Plano, Texas; and Tampa, Florida.[11][12] The firm also entered into a joint venture in Germany to offer investment services as Grüner Fisher Investments GmbH, which is now a wholly owned subsidiary of Fisher Investments.[13]

In late 2011, Fisher Investments opened a new headquarters on the 120-acre Fisher Creek campus in Camas, Washington. Over the next three years, Fisher Investments expanded its local presence by constructing two additional buildings on the Fisher Creek campus.[14] In 2020, the company opened a fourth building on the campus. The five-story building has room for an additional 1,100 employees.[15]

Fisher Investments has also opened international offices in eight countries.[16]

The firm announced its intention to move its headquarters to Texas in March 2023.[17] The firm intends to complete the move by June 2023.[17] The company has stated they will maintain offices in Camas, Washington; however staffing will be prioritized in other locations.[18]

In June 2024, Fisher Investments announced that Advent International and ADIA had acquired a minority interest in the firm for $2.5-$3 billion. The deal would result in the firm being valued at $13 billion. Ken Fisher will maintain about 70% ownership.[19]