Anyone any dealings with Fisher Investments?

[Rescueme]

Hi
I may be resurrecting an old thread on this one - but wondering if people took the soup and jumped their pensions / investments to Fisher?

Between my wife and I - we have approx 500k in pension funds, and 200k in lump sum investments. In our early 50s.

Spoke to an advisor from Fisher earlier in the week - and long story short - quoting approx 1% fees on 'entry' ie for them to take over your funds, and 2 - 2.25% per annum thereafter. Seems like a lot to me - but I did see a lovely chart of what my funds are doing now for me Vs what they could have done for me if I was with Fisher...if I should believe it.

Just wondering if anyone out there has experience - good or bad with them?

 

[presidenttttt]

sounds extremely expensive given competition these days, is that normal rates?

 

[Conan]

An annual charge of 2-2.25% is ridiculously expensive.
And a "lovely chart" doesn't compensate.

 

[fistophobia]

Fisher are the company who target people with specific online ads,
seemingly they know the value of my portfolio.
Example - "Do you have a portfolio worth X"
I think they have an insight into Yahoo finance, where I have my portfolio details.

 

[redstar]

I think Fishers ads are trying to get a response like "oh, thats the size of my pension pot, i'd better find out what they can do for me"

They dont actually know what your pot is - I've seen variations on the same ads with "What do i do when my pension pot gets to... "350,000", "500,000", "1million". Many pots of people on their target audience would likely be in that range anyway.