Fisher Investments Tampa: A Client-Focused Investment Adviser in Florida

Fisher Investments is a global, independent, fee-only investment adviser that serves individuals, families, businesses and institutions. Founded in 1979 by Ken Fisher, the firm has grown to manage over $211 billion in assets for more than 135,000 clients around the world. Fisher Investments has offices in the United States, Canada, Europe, Asia and Australia, and employs over 5,000 people dedicated to helping clients achieve their financial goals.

One of the firm’s newest offices is located in Tampa, Florida, which opened in 2019. This office marks Fisher Investments’ first full-service location on the East Coast, and provides wealth management services to clients in the surrounding Tampa Bay Area. In this article, we will explore why Fisher Investments chose Tampa as its East Coast hub, what services and support it offers to its clients, and how it sets itself apart from other investment advisers in the region.

Why Tampa?

Fisher Investments chose Tampa as its East Coast location for several reasons. First, the firm wanted to expand its presence and reach in the Eastern Seaboard, where it has many existing and potential clients. By opening an office in Tampa, Fisher Investments can provide more convenient and personalized service to its clients in Florida and nearby states. Second, the firm saw an opportunity to tap into the talent pool and business environment of Tampa, which offers a skilled workforce, a supportive community and a favorable tax climate. Third, the firm wanted to offer its employees more flexibility and choice in finding a location that suits their lifestyle and preferences. By having an office in Tampa, Fisher Investments can attract and retain diverse and talented employees who enjoy living and working in the Sunshine State.

What Services and Support Does Fisher Investments Offer?

Fisher Investments offers a range of services and support to its clients, depending on their needs and goals. The firm serves three main types of clients: personal wealth management, small business 401(k) services and institutional investing.

Personal Wealth Management

Fisher Investments helps individuals and families achieve their goals with detailed financial planning, tailored investment portfolios and proactive, high-touch client service. The firm works with clients who have at least $500,000 in investable assets, and offers them a fiduciary standard of care, meaning that it is legally and ethically obligated to act in their best interest at all times. Fisher Investments also charges a transparent fee based on a percentage of assets under management, which aligns its incentives with those of its clients.

Fisher Investments’ personal wealth management process consists of four steps: understanding the client’s situation and objectives; designing a customized portfolio strategy; implementing and monitoring the portfolio; and providing ongoing communication and education. The firm uses a top-down, global approach to portfolio management that considers macroeconomic factors such as interest rates, inflation, currency movements and political events. The firm also diversifies its portfolios across regions, countries, sectors and securities to reduce risk and enhance returns.

Fisher Investments assigns each client a dedicated Investment Counselor who serves as their primary point of contact. The Investment Counselor is responsible for understanding the client’s needs and preferences, providing regular updates on their portfolio performance and market conditions, answering any questions they may have, and making any adjustments to their portfolio as needed. The Investment Counselor also works closely with the firm’s Investment Policy Committee (IPC), which is the five-member portfolio management team that makes strategic investment decisions for all client portfolios. The IPC has over 150 years of combined industry experience and is led by Ken Fisher himself.

Small Business 401(k) Services

Fisher Investments offers customized solutions to simplify day-to-day 401(k) management responsibilities for small- to medium-sized businesses. The firm works with businesses that have between $500,000 and $100 million in plan assets, and offers them a fiduciary standard of care as well. Fisher Investments also charges a transparent fee based on a percentage of plan assets under management, which is typically lower than industry averages.

Fisher Investments’ small business 401(k) services include plan design assistance, investment selection and monitoring, participant education and communication, recordkeeping coordination, compliance support and plan administration. The firm also provides access to its proprietary 401(k) platform, which allows plan sponsors and participants to easily manage their accounts online.

Fisher Investments assigns each plan sponsor a dedicated 401(k) Specialist who serves as their primary point of contact. The 401(k) Specialist is responsible for helping the plan sponsor set up and maintain their plan, providing regular updates on their plan performance and market conditions, answering any questions they may have, and making any adjustments to their plan as needed. The 401(k) Specialist also works closely with the firm’s Investment Policy Committee, which makes strategic investment decisions for all plan portfolios.

Institutional Investing

Fisher Investments has a long history of managing assets for some of the world’s largest and most prestigious institutions, including corporations, pensions, endowments, sovereign wealth funds and many others. The firm works with institutions that have at least $50 million in investable assets, and offers them a fiduciary standard of care as well. Fisher Investments also charges a transparent fee based on a percentage of assets under management, which is competitive with industry standards.

Fisher Investments’ institutional investing services include portfolio management, research and analysis, reporting and communication, and client service. The firm uses a top-down, global approach to portfolio management that is tailored to each institution’s specific objectives, constraints and preferences. The firm also diversifies its portfolios across regions, countries, sectors and securities to reduce risk and enhance returns.

Fisher Investments assigns each institution a dedicated Relationship Manager who serves as their primary point of contact. The Relationship Manager is responsible for understanding the institution’s needs and preferences, providing regular updates on their portfolio performance and market conditions, answering any questions they may have, and making any adjustments to their portfolio as needed. The Relationship Manager also works closely with the firm’s Investment Policy Committee, which makes strategic investment decisions for all institutional portfolios.

How Does Fisher Investments Set Itself Apart from Other Investment Advisers?

Fisher Investments is not like other investment advisers in the industry. The firm has several distinctive features that set it apart from its competitors and benefit its clients. Some of these features are:

• Independence: Fisher Investments is a privately owned company that is not affiliated with any banks, brokers or insurance companies. This means that the firm has no conflicts of interest or hidden agendas when it comes to managing its clients’ assets. The firm also does not sell any products or receive any commissions or kickbacks from third parties. The firm’s only source of revenue is the fee it charges its clients based on a percentage of assets under management.
• Innovation: Fisher Investments is constantly looking for new ways to improve its services and support its clients. The firm invests heavily in research and technology to stay ahead of the curve and anticipate market trends and opportunities. The firm also encourages creativity and collaboration among its employees to foster a culture of innovation and excellence.
• Education: Fisher Investments believes that education is key to empowering its clients and helping them make informed decisions about their finances. The firm provides its clients with a wealth of educational resources, such as books, newsletters, podcasts, webinars, seminars and events. The firm also hosts an annual client conference where clients can meet the firm’s leadership team, hear from industry experts and network with other like-minded investors.
• Satisfaction: Fisher Investments strives to deliver exceptional service and results to its clients. The firm measures its success by its client retention rate, which is consistently high compared to industry averages. The firm also receives positive feedback and testimonials from its clients who appreciate the firm’s professionalism, expertise and care.

Conclusion

Fisher Investments is a leading investment adviser that offers wealth management services to individuals, families, businesses and institutions. The firm opened its Tampa office in 2019 to expand its presence and reach in the Eastern Seaboard and provide more convenient and personalized service to its clients in Florida and nearby states. The firm also chose Tampa for its talent pool, business environment and quality of life. Fisher Investments offers a range of services and support to its clients, depending on their needs and goals. The firm uses a top-down, global approach to portfolio management that is customized to each client’s situation and objectives. The firm also assigns each client a dedicated representative who serves as their primary point of contact and works closely with the firm’s Investment Policy Committee. Fisher Investments sets itself apart from other investment advisers by being independent, innovative, educational and satisfying. Fisher Investments is a trusted partner for anyone looking for a client-focused investment adviser in Florida.