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  • Report:  #1467789

Complaint Review: fisher investments

fisher investments ken fisher investments they lost 15% of my investment/retirement acct camas washington

  • Reported By:
    mitchell — nyc ny United States
  • Submitted:
    Tue, November 20, 2018
  • Updated:
    Tue, November 20, 2018

In 1 year Fisher investments lost 15% of my retirement fund . When U S equities were going up , they put me in european investments which went down. Then when the U S market was at a high , & europe was at a low they pulled me out of european investments & into tech which then corrected down.

They urged me to liquidate my annuity & pay a hefty tax penalty. I refused & made money on my annuity. Each time I tried to pull my account they called me with legnthly phone calls explaining why their strategy would work in the future to keep my accounts with them.

There was more explanations of why to keep accounts with Fisher than research into the markets. Finally, when I pulled my account I had small investments in over 60 different companies.

How can anyone amateur of professional keep track of over 60 different companies in 1 account. This to me showed irrational behavior & panic so I pulled everything.

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