| Topic Name: |
Fisher Investments? legit or shady? |
| Message Name: |
Re |
| Date Posted: |
06/19/2005 |
| In Reply To: |
"I found out that the $20b they speak of includes their institutional clients, which actually acounts for more than half of their AUM."
- Their institutional AUM is considerable, but it does not constitute more than half of their entire AUM....closer to 30%.
"Not to mention that in the world of retail investment $500k is peanuts".
- $500k is peanuts for retail investors? Umm....maybe you were raised in Hillsborough or Los Altos Hills, but $500k min is a considerable amount for a retail investor. And by the way, $500k is their min.
"And if you care at all about professional growth in the field of finance you will quickly realize that your exposure to the actual Asset management process is zero to none at this firm."
- Depends on your position, but if you're an entry level, straight-out-of-college employee, true, you will be very far away from making any decisions. But it's not like you'll be making big decisions at Bernstein, Wellington, or even some Morgan Stanley retail branch either.
Anyone interviewing should do themselves a favor and walk away, unless of course you are willing to settle for a menial job in which you essentially cold call... just don't be surprised when your job gets outsourced to India.
- Seems like you're focusing on some of their entry-level sales positions.....it's a tough job.....but there are other positions there. But if you're looking at their entry-level caller jobs, it doesn't seem like a good fit for you. Looks like you want to be more involved in the actual "asset management process". I'm sure there are plenty of other investment managers, mutual funds, hedge funds, etc out there for you. Snag that CFA and keep looking. |
| Message: |
This is very helpful. Thanks yoyoman. Do you work there? It sounds like you know a lot about them.
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