Who is better than Fisher Investments?
- Voya Financial. (3)4.7 out of 5.
- AcctTwo. (60)4.6 out of 5.
- Bench. (67)4.5 out of 5.
- PricewaterhouseCoopers (PwC) (16)4.1 out of 5.
- Richards Financial. (1)5.0 out of 5.
- KPMG. (15)4.2 out of 5.
- Fiserv. (14)4.3 out of 5.
- Healy Consultants. (15)4.8 out of 5.
Risk: Our two biggest issues with Fisher Investments are the over reliance on North America, and the lack of protection UK investors will have under the Government's Financial Services Compensation Scheme.
Fisher Investments' pros
Awards for its performance and size: The Financial Times has named Fisher Investments as a top investment advisor for the past seven years. Fisher Investments was also No. 2 on the InvestmentNews' ranking of U.S.-based, fee-only RIAs based on their assets under management for 2020, and No.
One of the Largest Money Managers
In May 2021, Fisher Investments was ranked #133 on the Pensions and Investments list of the World's 500 largest money managers.
- Best Overall: Fidelity Investments.
- Best Broker for Beginners: TD Ameritrade.
- Best Broker for Mobile: TD Ameritrade.
- Best Broker for Options: tastyworks.
- Best Broker for Low Costs: Fidelity Investments.
- Best Broker for Advanced Traders: Interactive Brokers.
| FI Fiscal Year | Net Annual Return (%) | S&P 500 Return (%) |
|---|---|---|
| 1 Year | 17.7% | 8.6% |
| 3 Year | 14.3% | 11.2% |
| 5 Year | 5.5% | 2.5% |
| 7 Year | 4.4% | 0.5% |
Fisher Investments Fees and Pricing
Fisher Investments charges an all-encompassing fee of 1.5% on portfolios up to $500,000. The fee drops on higher account balances, to as low as 1.25%. There are no commissions or hidden fees based on trading within your account.
...
Fidelity Investments vs Fisher Investments.
| 42% | Promoters |
|---|---|
| 38% | Detractors |
...
Overall Rating.
| Overall Rating | 3.9 | 3.4 |
|---|---|---|
| Work/life balance | 3.9 | 3.4 |
| Compensation and benefits | 3.8 | 3.9 |
| Job security and advancement | 3.5 | 3.3 |
| Management | 3.5 | 2.9 |
What is the minimum to become a client? Fisher Investments' Private Client Group focuses on high net worth individuals with investable assets of $500,000 or more.
Who competes with Fisher Investments?
- Voya Financial. (2)5.0 out of 5.
- PricewaterhouseCoopers (PwC) (16)4.1 out of 5.
- Bain & Company. (1)5.0 out of 5.
- Fiserv. (14)4.3 out of 5.
- Ernst & Young. (16)3.9 out of 5.
- KPMG. (15)4.1 out of 5.
- Deloitte Consulting. (13)4.4 out of 5.
- Bench.
Employee Ratings. Edward Jones scored higher in 7 areas: Overall Rating, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook. Fisher Investments scored higher in 2 areas: Career Opportunities and Compensation & Benefits.
Clearly Different Money Management
Unlike some money managers, we have no incentives to sell you commission-based financial products or place trades in your account when it's not best for you. Our simple fee structure aligns your interests with our business goals. Simply put, when you do better we do better.
Our Verdict. Merrill Edge is a good choice for long-term investors, especially those who already have an account with Bank of America. The Preferred Rewards program offers discounts and perks that increase with your balance—so you could benefit by having deposit and investment accounts under the same roof.
| Broker | Overall score | |
|---|---|---|
| #1 | Interactive Brokers | 4.9 |
| #2 | Zacks Trade | 4.4 |
| #3 | DEGIRO | 4.9 |
| #4 | Ally Invest | 4.6 |
| 2021 RANK | FIRM | 2019 RANK |
|---|---|---|
| 1 | Dana Investment Advisors | 3 |
| 2 | Salem Investment Counselors | 1 |
| 3 | NewSouth Capital Management | 6 |
| 4 | Check Capital Management | 52 |
A financial advisor can give valuable insight into what you should be doing with your money to reach your financial goals. But they don't offer their advice for free. The typical advisor charges clients 1% of the assets that they manage. However, rates typically decrease the more money you invest with them.
A spokesman for Fidelity provided the following statement: 'Fisher Investments no longer provides investment advisory services for any portion of the assets of Strategic Advisers Small-Mid Cap Fund (a fund available only within Fidelity managed accounts).
At the heart of a good client-adviser relationship is trust, and it can be difficult to have that trusting relationship if your financial professional may be recommending products that aren't in your best interest. That's why Fisher Investments has been held to the fiduciary standard since our founding.
"Fisher Financial Advisors" provides investment advisory services for your account. Schwab has agreements with "Fisher Financial Advisors" under which Schwab provides "Fisher Financial Advisors" with services related to your account.
Is Merrill Lynch better than Charles Schwab?
Merrill Edge is a likely winner for anyone who has an existing deposit or investment relationship with Bank of America, as connecting accounts can add a lot of convenience. On the other hand, Charles Schwab offers a lengthy list of mutual funds you can buy without paying a transaction fee on the trade.
After testing 15 of the best online brokers over six months, Fidelity (95.57%) is better than Merrill Edge (84.89%). Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools, an easy-to-use mobile app, and comprehensive retirement services.
A fiduciary refers to a professional that is required by law to act in their clients' best interest. The professionals usually manage assets, such as an investment portfolio or property, for their clients. These professionals can range from financial advisors to lawyers, estate executors and real estate agents.
- NAPFA.org (The National Association of Personal Financial Advisors) NAPFA.org provides a database of financial advisors who have a fee-only structure and who are also fiduciaries. ...
- SEC (U.S. Securities and Exchange Commission) Adviser Database.
Through Merrill Lynch Fiduciary Advisory Services, our experienced and specialized Merrill Designated Advisors will work with you to help make your plan investment management more efficient and valuable .
...
Merrill Lynch vs Raymond James Financial.
| 62% | Promoters |
|---|---|
| 14% | Passive |
| 24% | Detractors |
...
Overall Rating.
| Overall Rating | 3.9 | 3.8 |
|---|---|---|
| Work/life balance | 3.9 | 3.7 |
| Compensation and benefits | 3.8 | 3.5 |
| Job security and advancement | 3.5 | 3.2 |
| Management | 3.5 | 3.4 |
A fiduciary could help you maximize your savings, better preparing you for retirement. Through behavioral coaching, accountability and a personalized financial strategy, a competent fiduciary financial advisor could help you free up additional funds to put toward your savings goals.
- Voya Financial. (2)5.0 out of 5.
- PricewaterhouseCoopers (PwC) (16)4.1 out of 5.
- Bain & Company. (1)5.0 out of 5.
- Fiserv. (14)4.3 out of 5.
- Ernst & Young. (16)3.9 out of 5.
- KPMG. (15)4.1 out of 5.
- Deloitte Consulting. (13)4.4 out of 5.
- Bench.
...
Overall Rating.
| Overall Rating | 3.9 | 3.4 |
|---|---|---|
| Work/life balance | 3.9 | 3.4 |
| Compensation and benefits | 3.8 | 3.9 |
| Job security and advancement | 3.5 | 3.3 |
| Management | 3.5 | 2.9 |
Who is better Edward Jones or Fisher Investments?
Employee Ratings. Edward Jones scored higher in 7 areas: Overall Rating, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook. Fisher Investments scored higher in 2 areas: Career Opportunities and Compensation & Benefits.
...
Fidelity Investments vs Fisher Investments.
| 42% | Promoters |
|---|---|
| 38% | Detractors |
Fisher Investments Fees and Pricing
Fisher Investments charges an all-encompassing fee of 1.5% on portfolios up to $500,000. The fee drops on higher account balances, to as low as 1.25%. There are no commissions or hidden fees based on trading within your account.
What is the minimum to become a client? Fisher Investments' Private Client Group focuses on high net worth individuals with investable assets of $500,000 or more.
Merrill Edge is a likely winner for anyone who has an existing deposit or investment relationship with Bank of America, as connecting accounts can add a lot of convenience. On the other hand, Charles Schwab offers a lengthy list of mutual funds you can buy without paying a transaction fee on the trade.
Through Merrill Lynch Fiduciary Advisory Services, our experienced and specialized Merrill Designated Advisors will work with you to help make your plan investment management more efficient and valuable .
The easiest way to verify that a potential advisor is a fiduciary financial advisor is to simply ask and then verify their status. To do that, check if they're registered with the SEC or verify they're a certified financial planner. Both designations require fiduciary duty.
At the heart of a good client-adviser relationship is trust, and it can be difficult to have that trusting relationship if your financial professional may be recommending products that aren't in your best interest. That's why Fisher Investments has been held to the fiduciary standard since our founding.
Clearly Different Money Management
Unlike some money managers, we have no incentives to sell you commission-based financial products or place trades in your account when it's not best for you. Our simple fee structure aligns your interests with our business goals. Simply put, when you do better we do better.
