Fisher Investments is a major US-based investment management firm founded by Ken Fisher. It manages over $197 billion in assets for institutional and individual investors around the world. However, some investors are looking for alternatives to Fisher Investments for various reasons like high fees or particular investment philosophies. Here are 5 top fisher investment competitors investors can consider.
Vanguard – well-known for its low-cost index funds
Vanguard is one of the world’s largest investment companies, managing over $7 trillion in global assets. It is best known for pioneering index investing and its suite of low-cost index funds and ETFs. Unlike Fisher which is active management focused, Vanguard emphasizes passive strategies that track market indexes. For investors looking to keep costs low, Vanguard is a great fisher investment alternative.
Fidelity – top choice for active mutual funds
Fidelity Investments manages over $11 trillion in assets, offering a wide range of mutual funds, ETFs, and other financial products and services. While Vanguard leads in passive investments, Fidelity stands out for its actively managed mutual funds which aim to outperform benchmarks through security selection skills. For those seeking active management similar to Fisher, Fidelity is a top alternative.
Charles Schwab – excellent for ETFs and trading
Charles Schwab manages around $7 trillion in assets and is a leading retail brokerage firm in the US. It offers one of the largest selections of commission-free ETFs that investors can trade without fees on its platforms. For self-directed investors who want more trading flexibility than Fisher provides, Charles Schwab is an appealing option.
T. Rowe Price – reputable active manager with lower fees
T. Rowe Price provides active management across a wide range of asset classes with over $1.5 trillion in assets under management. While not as large as Fisher Investments, it has a long track record as an active investor. Importantly, its fees are generally lower than Fisher’s, making it more cost efficient for active management exposure.
Dimensional Fund Advisors – pioneer in factor investing
Dimensional Fund Advisors manages over $650 billion in assets with a scientific, research-based approach to investing. It is a pioneer in factor investing, designing portfolios based on dimensions like value, momentum, quality, and profitability. For investors interested in a more quantitative, rules-based approach than Fisher’s traditional active management, Dimensional is a strong option.
In summary, top fisher investment competitors like Vanguard, Fidelity, Charles Schwab, T. Rowe Price, and Dimensional Fund Advisors offer investors alternatives based on aspects like lower fees, passive strategies, trading flexibility, active mutual funds, and quantitative factor investing. Evaluating one’s specific needs is key to finding the best fisher investment alternative.