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Why Ken Fisher still plans to work a 60-hour week despite handing off CEO role to 'badass'

The iconoclastic founder of the $65-billion RIA will write, research and mix with the troops, remaining omnipresent as Damian Ornani ascends to the CEO spot

Author Brooke Southall March 23, 2016 at 8:59 PM
no description available
Ken Fisher: We want people that believe in the firm. [This photo from Fisher's blog may reflect a desire to spend more time pursuing his passion -- forestry.]

James K

James K

March 23, 2016 — 9:31 PM

I remember reading something about this last year. Interesting to see how it played out.

Boone

Boone

March 23, 2016 — 10:00 PM

Always entertaining when mr. fisher is involved. Not super surprising for a 65 yr old, though.

James J.

James J.

March 23, 2016 — 10:01 PM

I interviewed at Fisher several years back. I didn’t get the job, but was always impressed by their business model and thought leadership. Good to see they’re still growing strong.

ted

ted

March 23, 2016 — 10:13 PM

I hope I’m not working a 60-hour week when I’m 65. I’d rather be on the beach in Hawaii :)

Joe Murphy

Joe Murphy

March 24, 2016 — 11:27 AM

Being a customer of Fisher Investments for quite some time, I’m totally happy with the service AND results. Mr Fisher is a very interesting guy; I’ve had the pleasure of hearing him speak at several of their client seminars around the US. He’s very knowledgable, entertaining, and has an extremely quick wit. As far as their business model is concerned, it fits my needs to a “T”....I don’t need face to face interaction with my investment counselor. I simply need to know what’s going on, why it’s going on, and what’s happening to address it or benefit from it. Fisher Investments fully satisfies those needs.

Inews

Inews

April 6, 2016 — 10:57 PM

It’s shocking to me that someone would pay fisher 1-1.5% for less than market returns…. Marketing machine they are good money managers they are not…

Handsome Dan

Handsome Dan

April 8, 2016 — 10:39 PM

Kind of a strange comment from the last poster. I’m a lot more inclined to trust an actual client, and the firm’s general reputation, over what sounds like someone with an ax to grind and a case of the sour grapes.

Not buying what Ken is selling

Not buying what Ken is selling

June 15, 2016 — 3:43 PM

Ken Fisher’s company had my 58 year old dad’s entire portfolio invested in a 100% equity solution consisting of 89% in 48 individual large cap stocks and 11% in 3 UBS/Credit Suisse/Deutsche equity ETF’s and in the case of 1 ETF, a .89% expense ratio. My question to my dad was, if 2008 hits again and your all equity portfolio devalues by 50% will you still be able to retire in 4 years like you planned? He was moving his money to a new advisor after that. Maybe Ken Fisher’s company can sale, but they sure can’t advise.

Chuck

Chuck

October 14, 2019 — 6:23 PM
Why is this news and why do we choose to be offended? Let it go as there is a bigger picture. Our country is doing well with Trump in office. That doesn’t mean I want Trump at my house on Thanksgiving!
Coach Maria

Coach Maria

October 18, 2019 — 6:08 PM
I'm guessing that people wouldn't want Trump near their older daughters. When it's being done at the "top" by at least 2 more recent Presidents, and others in the past, what message does that give the world?
Think about it

Think about it

October 22, 2019 — 11:57 PM
It seems off topic for a finance discussion, but why is it unethical or offensive to merely discuss topics that are sexual in nature? As stated he doesn't appear to have said anything that implies an insult to anybody, but rather explicitly (and ironically) condemned broaching the topic in a bar as being "the stupidest thing you can do". Just not sure who the victim is here...
Coach Maria

Coach Maria

October 23, 2019 — 12:14 AM
I have only seen the words, did not attend the event. The words are demeaning, sexist, and hurtful. The words are extremely offensive to women, as they were to many men in the room, too.
brooke

brooke

October 23, 2019 — 2:32 AM
Think about it, I think you answered your own question. by referencing "topics that are sexual in nature." It is a serious stretch to say this is sexual in nature. Bringing sex into it is recognized in 2019 for what it is -- an attempt to create a locker room atmosphere where the biggest lug head is king and women and wimps are reminded that they don't belong.

Related Moves

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Ralph Pahlmeyer will play to his firm's sifting strengths, seek enterprise deals and think more like a software executive

November 21, 2018 at 7:09 AM

Co-founder Justin Wisz is out at Vestorly, and neither party is commenting; but some jarring Glassdoor reviews of the ex-CEO raise eyebrows

The Ken Fisher disciple went six years at the NYC-based start-up before his co-founder Ralph Pahlmeyer took his place

November 6, 2018 at 1:38 AM


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