Fisher Investments is a large investment management firm catering to individual investors and institutions. As with any investment firm, Fisher Investments charges various fees to clients for the services provided. In this article, we will take an in-depth look at the different components that make up Fisher Investments’ fees and how they work.
Management fees charged by Fisher Investments
Fisher Investments charges an annual management fee based on a percentage of assets under management, typically around 1%. The exact percentage declines slightly as account sizes increase due to a tiered fee schedule. This covers the ongoing costs of investment research, portfolio management, trade execution and other operating expenses.
Other common fees investors may encounter
In addition to management fees, Fisher Investments clients may pay other fees depending on their individual situation and account specifics. These could include things like custodial fees, wire transfer fees, account termination fees, or commissioned trades when applicable.
Breakdown of fees for various account types
Fisher Investments offers individual investment accounts, retirement accounts like IRAs and 401(k)s, as well as services for institutional clients. The fee structure can differ slightly across these account types but generally includes a management fee plus additional fees as laid out above.
In summary, Fisher Investments charges a management fee to all clients based on assets under management. Additional fees may apply in specific situations per the individual account or client agreement.